National Insurance Crime Training Academy

“Executive committee and other committees the board of directors, by resolution adopted by a majority of the directors in office, may designate an executive council, which shall consist of such directors as the board shall appoint, to provide direction and guidance for all programs of the corporation. By resolution adopted by a majority of the directors in office, the board of directors may also create such other committees as the board deems proper. The executive council, to the extent provided in the resolution creating it, and except as otherwise provided in applicable statutes, the articles of incorporation, or the bylaws, shall have and exercise the authority of the board of directors in the management of the corporation; but the designation of the executive council, and the delegation thereto of authority, shall not operate to relieve the board of directors, or any individual director, of any responsibility imposed upon it or him/her by law. Unless otherwise provided in the resolution creating it, a committee may select its chairperson, fix the time and place of its meetings, specify what notice of meetings, if any, shall be given, and fix its rules of procedure, which shall not be inconsistent with these bylaws or with rules adopted by the board of directors. The act of a majority of committee members present at a meeting at which a quorum is present shall be the act of the committee.”

“Officer relationships timothy slater, richard dizinno, carolyn bellisio and james berry have a business relationship with each other as employees at a related organization nicb.”

“Power and rights of related organizations per the organization's governing documents, the directors of nicta shall be the employees of nicb, a related organization. Nicb has the right to appoint the governing body and has rights over making changes to its organizational documents.”

“SAME AS ABOVE”

“Documentation of meetings held or written actions taken there is no such committee with authority to act on behalf of the governing body.”

“Form 990 review process a national public accounting firm prepares the form 990. A draft of the return is reviewed by the nicta treasurer and internal accounting nicb personnel. An updated final draft is reviewed and approved by the nicb audit/finance committee and provided electronically to the full nicb voting board of governors for comments before it is filed with the irs.”

“Conflict of interest policy monitoring & enforcement as nicta activities are associated with nicb, nicb's policies and guidelines, including its conflict-of-interest policy, are applied to nicb employees conducting nicta activities. Nicb's chief compliance officer reviews activities of nicb employees performing nicta functions for compliance with such policies and guidelines. Conflicts are reported to the compliance officer and the general counsel/board secretary, and the general counsel/board secretary thereafter reports all potential conflicts of interest to the nicb audit/finance committee for review and consideration.”

“Number of employees & compensation policy the number of employees reported (18) corresponds to nicta employees that are compensated through nicb, a common paymaster by a related organization in who all wage/w-3 reporting is provided through. Nicta reimburses the related organization for its allocated salary expense. Nicb acts as a common paymaster for itself and nicta. See treas. Reg. 31.3121(s)-1(b)(2). Consistent with form 990 instructions, compensation reported on schedule j for officers reflects amounts attributable to nicta under this common paymaster agreement. Each of these officers is a w-2 employee of nicb and receives a single paycheck from nicb. However, wage, benefits, and related taxes are allocated between the two organizations based on time dedicated to each. Notes to their compensation packages are available in schedule j of the nicb form 990 for tax year 2024. Compensation reported on schedule j as well as compensation for shared employees is reported similarly. Any compensation they receive from nicb is based on comparable salary data compiled by human resources that approximates nicb's operations, candidate's qualifications, and expertise. Nicb has internal hiring committees that review candidates; the composition of these committees vary depending on the role. A total rewards (compensation and benefits) study was completed in 2022. Salary bands were enhanced and rolled out to the organization in 2022. Salary bands are now reviewed annually. The final salary for the ceo and officers are approved by the executive committee of the board annually in february.”

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