Eastern Iowa Conservation Foundation

“Tim fiedler and richard fiedler have a family relationship”

“Eastern iowa conservation foundation has members as specified in its bylaws.”

“Eastern iowa conservation foundation members have the power to elect the members of the governing body.”

“Eastern iowa conservation foundation members have the power to elect and remove the members of the governing body.”

“Eastern iowa conservation foundation ltd does not have any committees with authority to act on behalf of the governing body.”

“Eastern iowa conservation foundation's form 990 is prepared by an outside third party and then reviewed by the treasurer and executive committee of the board of directors prior to filing with the internal revenue service. A copy of the form 990 is provided to the entire governing body after filing with the internal revenue service.”

“The purpose of the conflict of interest policy is to protect the eastern iowa conservation foundation ltd.'s interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the organization or might result in a possible excess benefit transaction. Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect finance interest, as defined below, is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether or enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the members of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The minutes of the governing board and all committees with board delegated powers shall contain the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest was present, and the governing board's or committee's decision as to whether a conflict of interest in fact existed. The names of the person who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“Eastern iowa conservation foundation makes it governing documents, conflict of interest policy, and unaudited financial statements available to the public upon request.”