Riverlife

“The board of directors shall appoint an executive commitee to consist of the co-chairs, officers, and as many other voting directors as the board shall determine. Except as maybe otherwise provided in the resolution designating such committee, the executive commitee shall have and may exercise, during the intervals between meetings of the board of directors, all of the powers of the board of directors except that the executive commitee shall not have the power to amend or repeal these bylaws or to adopt new bylaws, to fill vacancies in, change the number of, or remove members of the board of directors, or to dissolve, remove members, or change the number of, or fill vacancies in the executive committee, or to amend or repeal any resolution of the board of directors which by its terms shall not be amendable or repealable. It shall be the duty of the executive committee to supervise the operations of the corporation between the meetings of the board of directors. Any actions of the executive committee shall be ratified by the board of directors at its meeting next following the action. The executive committee may, in its discretion, delegate to the executive director of the corporation or to a subcommittee details of operation or expenditures of the corporation.”

“The following changes were made to the by-laws: increased the maximum board size from 16 to 20 edited the clause about onboarding 1/3 of the board each year to "if feasible," to allow more flexibility can now elect members for a 3-year term at any meeting, not just at the annual meeting edited the finance & audit committee authority from approval of the audit to recommending board approval of the audit added a section describing the development committee added the ability to extend the board term for 1 year for committee chairs (was previously just officers) clarified that officer terms are 2 years added the board secretary to the list of authorized signers”

“No committee has delegated authority from the governing body.”

“The completed form 990 will be reviewed by the executive director prior to submission to the finance committee for review. Upon completion of the review by the finance committee, the form will be submitted to the governing board for review and approval in advance of filing with the internal revenue service.”

“On an annual basis, board members, officers, directors, and key employees receive a copy of riverlife's existing conflict of interest policy and disclosure form for completion. This conflict of interest disclosure form includes requirements to disclose potential conflicts that exist at the date of completion as well as the obligation by the individual to inform riverlife of any potential conflicts that may arise in the future. The completed forms are reviewed and monitored by the executive director.”

“In 2019, as part of the search process for a new chief executive officer, the search committee (comprised of six riverlife board members) established a salary range commensurate with what the prior chief executive officer was paid. The compensation offered to, and accepted by the current chief executive officer is consistent with the search committee's initial guidance, and was approved first by the members of the search committee, and ultimately by the full riverlife board of directors.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“This process has not changed from the prior year.”