Alpfa Inc

“Alpfa, inc has two classes of members, designated as general members and student members. All members shall be natural persons and, except for student members, shall be at least 18 years of age. General members shall have the right to attend all member meetings and the right to vote, as set forth in these bylaws, on the election of directors, at large directors, disposition of all or substanitally all of the assets of the organization, on any merger and its principal terms and any material amendment of those terms, on any election to dissolve the organization and on all other matters submitted to a vote of the members whether or not required by law. Student members are entitled to vote for a student member director as long as the student member is at least 18 years of age.”

“The organization's members elect its governing body. The voting members include the general members and student members over 18 years of age. The chairman, the vice chairman, the chief financial officer or treasurer and the secretary are elected to the board by the general membership.”

“General members shall have the right to attend all member meetings and the right to vote, as set forth in these bylaws, on the election of directors, at large directors, disposition of all or substanitally all of the assets of the organization, on any merger and its principal terms and any material amendment of those terms, on any election to dissolve the organization and on all other matters submitted to a vote of the members whether or not required by law.”

“The form 990 is reviewed by management and the audit commmitee, then the form 990 is made available for review to all members of the governing body prior to submission.”

“The board of trustees meets regularly to review and monitor the organization's activities. All board members are covered by the conflict of interest policy. Board members shall submit a signed conflict of interest disclosure annually to the board. If a conflict arises, the member with a conflict of interest will recuse themselves from the decision making process and voting on transactions. There have been no incidences of any conflict in 2020.”

“The ceo's compensation is regularly reviewed by the hr committee. The recommendation was brought to the board for approval as part of the budget approval process annually. This process is documented and was last done in february 2020. For the cfo and coo, the hr committee performed a market scan, provided the board with an evaluation and comparison based on ceo recommended actions on the impacted wages. The executive committee met with the ceo to review the recommended actions and confirmed with the hr committee that the base salary reviews were in alignment with what was needed for employee retention and commensurate with the contribution levels of the impacted positions. Once this review was completed the ec approved the recommended actions for the hr chair and ceo to request approval in the budget for wage adjustments. Category focus wage evaluations are conducted periodically based on market demand, employment contract requirements and/or when evaluating retention options. This process is documented and was last done in february 2020.”

“All governing documents are available for viewing on the organization's website. Policies and financial statements are available upon request.”