Ohio Credit Union League

“The organization has members.”

“Once the term of a board member ends, all interested parties declare for the opening. If more than one party is interested, the members vote.”

“The finance committee and board of directors is provided with a copy of the 990 return through its online governance portal for review prior to its filing. Subsequently, the finance committee and the board of directors will receive in its next meeting and review for a second time as part of the agenda and meeting packet the 990 return (this additional receipt and review is recorded in meeting minutes).”

“The executive committee, in collaboration with the ceo, and with the advice of outside legal counsel, as necessary, is responsible for overseeing and implementing the organization's conflict of interest policy. The employees are required to notify the organization of any financial interest they or their immediate family have in a firm that competes with or does business with the organization or any affiliate.”

“The board of directors retains an independent consultant to conduct an executive compensation and benefits review every three years. The consultant provides a written summary of their findings to the board who may take action based on the report. A similar process is used by the ceo to review the compensation structure in place for the remainder of the employees.”

“Available to the public upon request, for the same period of time as set forth in the internal revenue code section 6104(d).”

“Other professional fees 357,589. Personnel acquisition 1,733.”

“Dues and subscriptions 13,585. Other fees and licenses 2,217. Credit card fees 627. Grant disbursement -146,000.”

“The process for the committee that assumes responsibility for the oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant has not changed from the prior year.”