Mennonite Church Buildings Inc

“Mennonite church buildings, inc. Has only one class of membership. The membership elects the members of the governing body (i.e. The board of directors). The only right a member has is to elect the board of directors”

“Mennonite church buildings, inc. Has only one class of membership. The membership elects the members of the governing body (i.e. The board of directors). The only right a member has is to elect the board of directors.”

“The board of directors has delegated the authority to review and approve the form 990 to the audit committee. Following a detailed review by the controller, a copy of the form 990 and its related schedules was provided to the audit committee via email. The audit committee reviewed the form 990 and provided feedback, and an independent cpa firm also reviewed the form 990 prior to submission to the irs.”

“Everence services, llc, a related organization to mennonite church buildings, inc., employs a general counsel who is responsible for day to-day compliance oversight. Designated staff and the general counsel are responsible for reviewing applicable laws and regulations and assuring full and complete implementation of and compliance with policies and procedures. A questionnaire is sent out biannually to all officers, directors, or trustees, and key employees to disclose personal and business relationships. The questionnaires are reviewed annually. If a conflict exists, restrictions will be imposed on persons with a conflict such as prohibiting them from participating in the governing body's deliberations and decisions in the transaction. If there is a conflict of interest with a code of conduct, a whistle blower policy is in place. There is also a whistle blower hotline number to call.”

“The board of directors performs an annual review of executive compensation. The last review was performed in 2020. Goals and objectives are set forth annually and reviewed during this process. Additionally, compensation is periodically compared to similar for-profit and not-for-profit entities.”

“Governing documents are kept on file and are available upon request. Conflict of interest policy information is available upon request. Summarized financial information for all everence entities is published in a report to the members. This report informs the members they may request the audited financial statements.”