Willamette Partnership

“The 990 is prepared by the Finance Director and Executive Director, with review by the Finance and Audit Committee of the Board of Directors, which is made up of no fewer than three individuals. The Chair and all members of the Finance and Audit Committee are appointed by the Board, and shall be independent of management in order to serve on this committee. Although not all Finance and Audit Committee members need to be members of the Board, a majority of the Finance and Audit Committee members shall be members of the Board. The full Board of Directors has assigned review of the IRS 990 to the Finance and Audit Committee. The full Board of Directors recieves a copy of the 990.”

“Each director, principal officer and member of a committee with governing board-delegated powers shall annually sign a statement which affirms such person: Has received a copy of the Conflict of Interest Policy; Read and understands the policy; Has agreed to comply with the policy; and Understands the Organization is charitable and in order to maintain federal tax exemption it must engage primarily in activities which accomplish one ore more of its tax-exempt purpose.”

“The Board's Executive Committee meets annually to review and approve the Executive Director's compensation.”

“Willamette Partnership makes it organizational documents, Conflict of Interest Policy, and financial statements available to the public upon request by email, telephone, or via US mail.”

“Items on this line include program-related subcontract expenses.”

“The board has designated a Finance & Audit Committee made up of board members including the Board Treasurer, who are responsible for the selection of the audit firm along with review and acceptance of the final audit report provided by the independent auditing firm. They report back to the full board on the results of the financial audit.”