Julie Inc

“Julie's members conduct business with other members in the normal course of their respective utility activities.”

“Julie, inc has a single class of members which consists of owners or operators of subsurface facilities. Each member shall be entitled to the number of votes on each matter submitted to a vote of the members as calculated in the following manner: new members with less than a full year's experience in the julie system, shall in the event of a matter requiring a vote of the membership or upon written request to the board of directors, be initially assigned votes by the board of directors based on a projected number of messages such member will probably receive. Such assignment shall prevail until the member's entire underground facilities have been in operation for one full fiscal year with julie, inc. After a member's underground facilities have been in operation for one full fiscal year with julie, inc., such members shall for each subsequent fiscal year have the number of votes equal to the total number of messages received by said member during the immediately preceding fiscal year.”

“An annual meeting of the members of the corporation shall be held in the month of july each year, at such time and place as shall be designated by the board of directors, for the purpose of electing directors and the president, and for the transaction of such other business as may come before the meeting. Election of the directors and the president shall be by written ballot unless dispensed with upon motion of the membership.”

“The organization's bylaws may be amended or repealed and new by-laws may be adopted by the affirmative vote of members having in the aggregate not less than two thirds of the votes present at any regular or special meeting of the members at which a quorum is present or by the affirmative vote of the board of directors having in the aggregate not less than 2/3 of the votes present at any regular or special meeting of the board of directors at which a quorum is present.”

“The organization's 990 is reviewed by the executive director, director of finance, and the organization's independent certified public accountants. Once the return is reviewed, copies of the return are emailed to all members of the board prior to electronic submission.”

“Declaration of conflicts of interest are required at the start of every board meet. Board members fill out a conflict of interest form annually. Managers are made aware of the policy via the "management policies and procedures manual".”

“The organization's board of directors, through the human resources committee, has established a salary progression policy that 1) sets targets for managers to reach salary midpoints, and 2) provides salary grade maximums. The executive director administers this program and is accountable to the human resources committee. The organization utilizes salary grade adjustments for the employment region that are compiled and updated annually by the newport group.”

“Julie's website contains links to certain governing documents, such as bylaws, articles of incorporation, and board policies. Certain policies such as conflict of interest and other governing documents are available upon written request to karen tunney c/o julie, inc 3275 executive drive, joliet, il 60431-8432”

“The organization's finance committee assumes responsibility for oversight of the audit and selection of independent accountants there has been no change to the oversight process or selection process during the tax year.”