Jazz Education Network

“I”

“Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.”

“Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.”

“The board of directors review the form 990 prior to filing with the internal revenue service.”

“The board of directors and officers of the corporation shall conduct its affairs under the provisions of illinois state law and shall annually disclose their involvement or interest in any contract relating to or incidental to the operations before the corporation, which may be the subject of consideration for the award of a contract, agreement or grant to or from the corporation; and abstain from participation in the consideration of any contract, agreement, purchase or grant award to any agency or vendor with which such member is associated or which he/she has a personal interest or as trustees of trusts, or as agents for other persons or corporations, or may be interested in the same matters as stockholders, directors, or otherwise; provided, however, that any contract transaction, or act on behalf of the corporation in a matter in which the board of directors and officers are personally interested as stockholders, directors, or otherwise shall be at arm's length on any transaction or would result in the denial of tax exemption under the internal revenue code and its regulations as they now exist or as they may hereafter be amended.”

“The executive and personnel committees review relevant data and propose salary increased for board approval. The full board then reviews and acts on the proposal.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Book / tax depreciation difference -13,491”