Northeast Neighborhood Revitalization

“There are two classes of membership, class a and class b. Members shall be designated as class a members or class b members according to the amounts of the respective contributions of funds to the corporation. Members will be designated as class a by contributing, or making a commitment to contribute, no less that three hundred thousand dollards ($300,000) over a period no longer than five (5) years. Members will be designated as class b by contributing, or making a commitment to contribute, no less than one hundred twenty-five thousand dollards ($125,000) and up to three hundred thousand dollars ($300,000) over a period no longer than five (5) years.”

“The board of trustees will be composed by two (2) persons who are nominated by the chief executive officer of each class a member. The board will also be composed of one (1) person who is nominated by the chief executive officer of each class b member. Lastly, for each trustee nominated by the class a members and class b members, one additional person (hereafter referred to as "resident trustee") who is nominated by a nominating committee and who is a resident of the area generally known in the city of south bend as the northeast neighborhood, which is bounded on the north by angela boulevard and edison street, on the east by twyckenham drive, on the south by jefferson boulevard west of eddy street and colfax avenue east of eddy street, and on the west by the st. Joseph river and michigan street. At least one (1) resident trustee shall be elected to serve as a resident trustee by the northeast neighborhood council ("nenc").”

“The organization's board of directors reviews the form 990 and discusses its contents before the return is filed.”

“The organization's board reviews all vendor relationships for potential conflicts of interest with board members prior to purchasing goods and/or services.”

“The organization makes its governing documents, policies and financial statements available upon request.”