Pike-Scott Farm Bureau

“Andrew sprague, director, and mark sprague, director, are brothers.”

“The organization has two classes of members, voting and non-voting, with a total of 1,971 members for the year ending on august 31, 2024. Only voting members can hold office.”

“Members have the authority to elect or appoint members of the governing body.”

“Various governing decisions of the organization are subject to approval by the members.”

“Return will be reviewed by the board prior to filing.”

“The bureau requires each officer and director to disclose to the board of directors any conflicts of interest of which they are aware, including conflicts involving other officers or directors subject to this policy. Such disclosure is to be made before the board discusses the issue, matter or transaction to which the possible conflict applies. Upon such disclosure, the board may take such further action it deems appropriate or as required by law. Such action could include requiring the director or officer to recuse himself or herself from deliberations, voting, decision-making or other participation with respect to the matter. The bureau retains a signed copy of the policy for each director and requires each director to disclose any relationships, transactions, positions held or circumstances that might lead to any potential conflicts of interest, whether in fact or in appearance, on that policy. The policy specifies that directors are to disclose conflicts to the board president, and the board acts as described above when it becomes aware of potential conflicts of interest.”

“Manager's contract and compensation are reviewed annually by the officers of the board, using comparability data. A recommendation is made and voted on by the entire board. Board members are compensated for mileage, which is paid at the standard irs rate.”

“Governing documents, the conflict of interest policy, and the financial statements are on file at the office and available upon request.”

“Director expenses 3,440. Miscellaneous 3,048. Membership acquisition 2,922. Repairs and maintenance 1,961. State income tax 1,310. Real estate taxes 589.”

“The process for overseeing the audit and selecting an independent auditor has not changed from the prior year.”