South Bend Alumni Association Inc

“Election of members and their rights, annually the board of directors elect the members of the governing board.”

“Governmental body decisions by meeting”

“Organizations process to review form 990. The organizations process for review of form 990 is to have a draft copy of the form reviewed by members of the board of directors before the form is filed.”

“Enforcement of conflicts policy. The organization provides to its board and committee members its conflict of interest policy. That policy requires such individuals to disclose any potential conflict to the board or committee. The board or committee determines if such potential conflict is actually a conflict of interest. If it is, the board or committee investigates whether a more advantageous transaction or arrangement can be made with another party that wouldnot give rise to a conflict of interest. If one is not reasonably available, the board or committee determines by a majority vote whether the transaction or arrangement is in the organizations best interest, and whether it is reasonable, before deciding whether to enter into the transaction or arrangement. The interested member is excluded from all discussions, investigations, and voting on the matter of interest. A member found to have violated this policy is subject to appropriate disciplinary and corrective action.”

“Compensation is determined by historical review.”

“Other officer or key employee compensation by historical review”

“Government documents disclosure explanation copies of form 990 are made available to directors, members, and the public upon request.”

“Total amount for Realized Gains”

“In previous years, our financial statements were prepared on a cash basis. However, starting in 2023, weve transitioned to a modified accrual method. This change allows us to record donations and contributions when they are pledged, as well as expenses when they occur. We believe this approach provides a more accurate representation of our financial position.”