Arc Opportunities Inc

“Membership may be obtained on application to the chairman of the membership committee on an individual, family or self-advocate basis.”

“There shall be a nominating committee composed of three members. One member shall be appointed by the board of directors from among its members. The other two shall be appointed from the general membership. The president shall appoint one of the three as chairman. To be eligible for election to any position, each nominee shall be a member in good standing. The nominating committee shall prepare a slate of candidates for election of officers and directors and shall secure the consent of its nominees to service if elected. It shall report its nominations at the annual meeting.”

“Control of this organization shall rest with the membership. Any action of the board of directors shall be subject to review by the membership on request of any member at a regular meeting or at a special meeting called for that purpose. An action of the board of directors may be altered or rescinded by a two-thirds vote of those present provided no rights or third parties are affected.”

“Arc opportunities, inc. Is committed to appropriate fiscal oversight by the organization's board of directors. As such, arc opportunities works to ensure the highest standards in review of its irs form 990. Each year, prior to the submission of the organization's form 990 to the irs, each voting member of the board of directors shall be provided with a copy of the final form 990 as prepared by an outside accounting firm and approved by the director of finance and accounting. Board members shall be provided with at least five business days to review the form and should have an opportunity to raise questions, make suggestions, and address any potential problems or concerns with the director of finance and accounting.”

“An interested party shall complete a questionnaire to fully and completely disclose the material facts about any actual or potential conflicts of interest. The disclosure statement shall be completed upon his/her association with the organization, and shall be updated annually thereafter. An additional disclosure statement shall be filed at such time as an actual or potential conflict arises. For board members, the disclosure statements shall be provided to the president of the board, or in the case of the president, the disclosure statement shall be provided to the secretary of the board. Copies shall also be provided to the chief executive officer of the organization.”

“Process for determining officer and key employee compensation: 1) independent persons. The compensation arrangement must be approved in advance by the approval body of arc opportunities composed entirely of individuals who do not have a conflict of interest with respect to the compensation arrangement. 2) comparability data. The approval body must rely on comparability data that demonstrate the fair market value of the compensation package. Data may include: expert compensation studies by independent firms, written job offers for similar positions, documented phone calls about a similar position at both nonprofit and forprofit organizations, and information obtained from the irs via form 990 filings of similar organizations. 3) contemporaneous substantiation. The approval body must document how it reached its decision including the data on which it relied. To qualify, written or electronic records of the approval body (such as meeting minutes) must note: a) terms of the compensation and date it was approved b) the members of the approval body who were present during the debate on the approved compensation and who voted on it c) the comparability data obtained and relied upon and how the data were obtained and d) any actions taken with respect to consideration of the compensation by anyone who is otherwise a member of the approval body but who had a conflictofinterest with respect to the decision of compensation.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request for the same period of disclosure as set forth in irc section 6104(d).”

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“Arc opportunities, inc. Is committed to appropriate fiscal oversight by the organization's board of directors. The ceo and director of finance will consider appropriate cpa firms for the purpose of an audit and will provide the board with a recommendation of which firm to use. The board of directors will consider the recommendation and render a decision.”