Worldwide Erc Inc

“Executive committee is delegated by board on limited management decisions.”

“Numerous board members have business relationships but are subject to and adhere to the conflict of interest policy.”

“Membership criteria are established by the worldwide erc board of directors from time to time. Membership is available to both individuals and corporations involved in global mobility, including: for-profit and government organizations engaged in relocating employees; real estate brokers and appraisers; relocation service providers and relocation management companies. Each category of membership is afforded a distinct array of benefits, including access to educational tools and resources, networking, directory listing, publications, research and volunteer opportunities.”

“A nominating committee puts together a slate of board member candidates which are approved by the full board of directors.”

“The executive committee does not keep minutes of its meetings.”

“The form 990 is prepared by independent tax advisors and is reviewed by the ceo and vice chair finance; a copy is provided to each member of the governing body prior to filing.”

“Every year, the board of directors is issued a conflict of interest policy statement, outlining what constitutes a conflict, and what notice they are required to give in the event a conflict arises. Additionally, each member of the board of directors must sign a statement agreeing to comply with the policy statement. If a conflict arises, the person is recused from the governing body's deliberations and decisions surrounding the applicable transaction. Form 990, part vi, section b, line 13: the organization intends to adopt a whistle blower policy in the subsequent year.”

“The ceo/president compensation was established in a negotiated contract signed by a chairman of the board. The salary was benchmarked against an index for similar positions. Variable compensation was based on results measured against performance objectives as determined by the chair in accordance with the negotiated agreement. Form 990, part vi, section b, line 15b: executive vice president and senior vice president salaries are determned by ceo/president and measured against industry and geographic averages for similar positions.”

“The organization makes its form 990 available to those persons requesting a copy. The bylaws of the organization are available on the worldwide erc website. The audited financial statements are made available to members on the website. The conflict of interest policy is available upon request.”

“Consulting expenses 1,249,678. Temporary help 230,402.”