Samaritan Ministries International

“Memberships are by household: single, couple, family, and single parent family. One month each year each household sends their monthly share amount to the smi office to defray administrative expenses. Each membership receives one ballot, which counts as one vote for board of directors elections or any proposed share increases.”

“Six of the nine board seats of the governing board are elected by the members after nomination by members and a vote with the plurality of the votes. Votes for board elections is 1 vote/household.”

“Increases in monthly shares can be overturned with over 50% of that program's households voting "no". Votes for share increases is 1 vote/household. Each membership receives one ballot, which counts as one vote for board of directors elections or any proposed share increases.”

“A complete draft of form 990 was provided to all voting members of the board of directors prior to filing. The return was reviewed by the organization's audit and finance committee, followed by full board approval. Feedback from board members was incorporated before submission.”

“Annually, the board, officers, and employees complete a conflict of interest disclosure to disclose real or apparent conflicts. The board reviews all signed disclosures at the annual board meeting should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship.”

“Compensation for the ceo and other officers and key employees is established by the board of directors based on review of comparable compensation data from similar organizations. The process includes documentation of deliberation and approval in board minutes. Independent consultants are engaged periodically to update compensation benchmarks the process described here was last completed in 2023.”

“Samaritan ministries international makes its governing documents available to its members upon request. In addition, smi's conflict of interest policy, and financial statements available to the public upon request and via its website at www.samaritanministries.org. Annual form 990 filings are also posted for public access.”

“The organization's board in conjunction with the audit committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”