Chamber Music Unbound

“BUSINESS OR FAMILY RELATIONSHIP OF OFFICER, DIRECTORS, ETC. Brian A. Schuldt and Rebecca E. Hang are married to each other. Each is a Board Member and key employee of the corporation. Together, they use the professional name of Felici Piano Trio. They also independently contract with CMU to provide student teaching lessons and provide special concerts.”

“FORM 990 REVIEW PROCESS. The finalized Form 990 will be reviewed and discussed by CMU's Finance Committee. Any questions or issues regarding the Form 990 will be discussed and resolved. The Finance Committee approved Form 990 will be distributed to each Board member for the Board's approval at the next Board meeting prior to filing. Accordingly, any questions or issues that any Board member may have with the Form 990 will be discussed. It is each Board member's responsibility to review the Form 990 in sufficient detail so as to bring any questions or concerns to the table before approval.”

“EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS. CMU requires every Board member and every employee to report possible conflicts of interest, which are then reviewed. Items noted as a potential conflict, if any, are reviewed by both the Finance Committee and counsel, and appropriate action is taken to remove potential or actual conflicts of interest.”

“COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES. Compensation studies are obtained for comparable positions for similarly qualified persons in similarly sized organizations. Based upon the employees' performance review, their existing salary and contracted arrangements, and the results of the compensation studies, the Finance Committee will determine reasonable salary, benefits package, and other contractual arrangements to become effective at the beginning of the next fiscal year, July 1. The rationale and conclusions of the Finance Committee will be approved and documented in the Board minutes.”

“OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE. The public can view and/or order any of the governing documents, policies, annual financial statements, and various tax returns (including the exemption application) on CMU's web site, www.ChamberMusicUnbound.org.”