Lake Michigan Air Directors Consortium

“The Lake Michigan Air Directors Consortium Board of Directors is composed of the directors of the air programs for each of the Lake Michigan Air Directors Consortium member states.”

“The Form 990 is reviewed by the Executive Director and the auditor before filing. Copies of Form 990 are presented to the Board of Directors for their review and comment. Once approved, the return is signed and approved for filing. The return is then filed with the Internal Revenue Service.”

“Lake Michigan Air Directors Consortium (LADCO) expects that employees will perform their duties conscientiously, honestly, and in accordance with the best interest of the organization. Employees must not use their position or the knowledge gained as a result of their position for private or personal advantage. Regardless of the circumstances, if employees sense that a course of action they have pursued, are presently pursuing, or are contemplating pursuing may involve them in a conflict of interest with their employer, they should immediately communicate all of the facts to the Executive Director. LADCO employees shall not engage in conduct resulting in a real, potential, or apparent conflict of interest. A conflict of interest may arise when any action by LADCO employee, whether isolated, recurring, or continuous, is to the direct financial advantage of this employee, or their spouse, parent, or child. LADCO employees shall not participate in the selection, final choice, or management of a contract, covered by donor funds, if a real, potential, or apparent conflict of interest would be involved. Such a conflict of interest would arise when any employee or any member of their family, or an organization which employs or is about to employ any of the parties indicated herein, has a financial or other interest in the firm/organization selected for a final contract. LADCO employees must at all times provide full disclosure of their actions or relationships with prospective vendors, contractors, or consultants. If any family member is to be employed or contracted, then prior approval from the Board of Directors is required. LADCO employees shall neither solicit nor accept gratuities, favors, or anything of monetary value from contractors, sub-recipients, parties of project contractors, or entities regulated by its member states. LADCO employees are, however, allowed to accept gifts including meals of a nominal face value not to exceed $25. As appropriate, either the Executive Director or the Board of Directors will be responsible for determining the disciplinary action that will be imposed for any conflict of interest violations.”

“The Board of Directors sets the salaries for the Executive Director, key employees and all non key employees.”

“The Organization's governance documents, including by-laws and personnel manuals, which inclues the conflict of interest policy, are disclosed on www.ladco.org. Financial statements are provided only upon request.”

“Cloud Computing: Program service expenses 49,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,632. Contract Services: Program service expenses 224,505. Management and general expenses 0. Fundraising expenses 0. Total expenses 224,505. Payroll Services: Program service expenses 0. Management and general expenses 3,207. Fundraising expenses 0. Total expenses 3,207.”

“The organization has not changed any processes from prior year.”