Wound Ostomy and Continence Nursing Certification Board

“Wocncb is in contract with executive director, inc., an association management company.”

“The mission of the organization was amended. For general board members the terms were updated to include an optional 1 or 2 year extension. The president and financial officer shall only serve a 2-year term and is not eligible for re-election to the same position. The president-elect and non-voting immediate past president shall serve one-year terms and are not eligible for re-election. The public member shall serve a 2-year term and serve a maximum of two terms.”

“The board members, with the exception of the public member, shall be elected by wocncb certificants via mail or electronic ballot. Candidates receiving the highest number of votes from the ballots returned shall win the election. The public member is appointed by the president and confirmed by the board.”

“The form 990 and all required schedules are provided to the board of directors for review and approval. Once approved the form is signed by the appropriate officer and filed with the irs.”

“The directors and officers of the wocncb are required to annually review and acknowledge in writing the policy on conflicts of interest and disclosure of certain interests. A person who has a conflict of interest must disclose all facts material to the president and that is discussed with the board/committee and documented in the minutes. The person is not able to participate in discussion or vote on any matters related to the conflict of interest.”

“Wocncb is managed by executive director, inc., a for-profit management company. Wocncb has no official employees, because all staff assigned to wocncb are employees of the management company. Wocncb also does not have anybody who fits the definition of a key employee. Wocncb does provide a presidential stipend that is annually reviewed and approved by the board of directors.”

“Wocncb makes its governing documents, conflict of interest policy, and form 990 available for public inspection upon request. All such requests should be in writing. Members of the board receiving an inquiry must advise staff of the request within a reasonable time after the inquiry is received. The bylaws are made available on wocncb's website.”

“Change in accounting principle: update 2016-08 topic 606 -61,422.”

“The audit committee assumes responsibility for the selection of the independent auditing firm and oversight of the audit review.”