Northern Ohio Minority Supplier Development Counci

“The NOMSDC has a board of directors that provides oversight and governance to the organization. The board members are comprised of individuals from majority corporations as well as minority business enterprise.”

“The Form 990 was distributed to all board members for their review with a comment period to provide any feedback, raise any questions or provide any edits related to the document prior to giving the independent auditor the approval to electronically file the IRS Form 990.”

“Annually the employee manual is reviewed and employees are required to sign indicating they have read the manual. There is a section on Conflict of Interest.”

“A performance review of the executive director is performed annually by the finance committee. The results of the performance review is used as an input to proposing any salary increase to the full board of directors.”

“For the remaining employees of the NOMSDC, the President conducts annual performance reviews and obtains the salaries of the staff of other councils to the extent this information is needed to draft a salary increase proposal to be considered by the finance committee. Once the finance committee has accepted the proposal increase which is included in the annual budget this information is presented to the full board for their approval.”

“Upon reasonable request the NOMSDC's governing documents, conflict of interest policy and financial statements are made available to the public.”

“Effective December 13, 2013 the Board of Directors of South Central Ohio Minority Business Council (SCOMSBC) and Northern Ohio Minority Supplier Development Council (NOMSDC) by requisite majority vote agreed to have NOMSDC merge with the surviving entity, SCOMSBC. The surviving entity would then change its name to Ohio Minority Supplier Development Council (OMSDC).”