Interfaith Outreach And

“The executive committee has and may exercise the powers of the board of directors in the interim between board meetings, except that the executive committee shall not have the power to adopt budgets, or to take any action which is contrary to or would amount to a substantial departure from the directors established by the board, or which represents a major change in the affairs, business, or policy of the organization. The executive committee submits reports to the board of directors on any and all action taken. The executive committee consists of the officers of the organization and one board director shall serve as an ex-officio member of the executive committee. The executive director shall be an ex-officio member without a vote who is invited to attend meetings of the executive committee unless requested not to attend by the person acting as chair.”

“A copy of form 990 is provided to the board for review prior to filing with the irs.”

“Directors and key employees are all asked to sign the conflict of interest disclosure statement. We track and file all forms and update them annually. Disclosure in the organization should be made to the executive director (or if she/he is the one with the conflict, then to the board chair), who will bring the matter to the attention of the board. Disclosure involving board directors should be made to the board chair, (or if she/he is the one with the conflict, then to the board vice chair) who shall bring these matters to the board. The person with the conflict of interest is excluded from the discussion and approval of the transaction. Discussion of conflicts of interest and the proceedings are disclosed in the minutes of the board meeting.”

“We use the mn council of nonprofits salary survey as an industry guideline for setting compensation of employees. The hr director in consultation with the hr committee of the board, along with the executive director, determine compensation for key employees based on comparisons to the salary guide. Compensation for the executive director is benchmarked against the mn council of nonprofits salary survey and reviewed and approved by the executive committee of the board. This review process was last completed in 2023.”

“The organization makes its form 990 available on its own website and the organization makes its form 1023 available upon request.”

“The director of finance & operations makes available the organization's governing documents, conflict of interest policy, and financial statements upon request.”