Cuso International

“Cuso international is a member organization and all voting directors are members.”

“Officers and at large members of the board may elect members of the governing body.”

“Member approval is required to amend the articles of incorporation and bylaws of the organization.”

“The form 990 is reviewed by the organization's management prior to filing with the irs.”

“Prior to being elected to the governing body, new members are required to disclose and declare any conflicts of interest. On an ongoing basis, the nominations and governance committee considers any changes in member circumstance that would create a conflict and members are required to disclose any conflicts of interest in accordance with their obligations under governing legislation and organization requirements. In the event of a conflict or potential conflict, members are recused from any further involvement or voting involving that issue.”

“The governing body approves the compensation for the ceo. Compensation is based on market standards of comparable positions in the industry. Salary revisions or changes are based on performance and achievements during the year. The last salary review was coincident with the board meeting in june 2017. Other employees' salaries are determined by the provisions of a collective agreement for bargaining unit employees, and by using comparable market standards and performance for non-bargaining unit staff. The current collective agreement covers the period 1 july 2016 to 30 june 2018. A new collective agreement will be negotiated in 2018.”

“The governing documents, conflict of interest policy and financial statements are made available upon request.”

“The number of volunteers is based on the number of active volunteer placements during the year.”

“Cuso international is a foreign entity, legally domiciled in canada.”

“The reporting organization is a foreign entity operating outside the united states and therefore does not have a requirement to file form w-3 or form 1096 to report employee or independent contractor compensation. Cuso international employed 210 individuals during the year.”

“Foreign currency translation 80,803.”

“Cuso international is a foreign organization. The following exchange rates were used to convert the stated information from the functional currency to the us dollar. Ending balance sheet amounts were converted to the us dollar using the daily exchange rate as of 03/31/2018. The rate used is 0.775973 us dollar for every canadian dollar. Beginning balance sheet amounts were converted to the us dollar using the daily exchange rate as of 03/31/2017. The rate is 0.751408 us dollar for every canadian dollar. The average yearly rate is used to convert the income statement to us dollars. The average rate is 0.780162.”