Latvian Center Garezers Inc.

“Classes of members or stockholders membership in the latvian center garezers and associations whose members are principally of latvian origin or descent. There are no dues or assessments of the members other than the purchase of stock. Each share of stock is entitled to one vote per share by their respective member.”

“Election of members and their rights. The members elect the board of directors, which is the governing body of the latvian center garezers, inc.”

“The board of directors, the governig body, prepares and presents a proposed budget to the stockholders. The stockholders are responsible for reviewing, revising, if deemed necessary, and adopting the budget.”

“The cpa who prepares the form 990 works with the executive director to gather the information to report on the form 990 and reviews the completed form 990 with the executive director.”

“The organization provides each board member with a copy of the conflict of interest policy, asks the member to review, sign and return a copy of the policy. The board members are instructed to provide a written explaination of any conflicts or potential conflicts of interest.”

“The compensation of the executive director and all employees is reviewed by the board of directors in the budget process. The stockholders then review, adjust and approve the budget.”

“The compensation of the executive director and all employees is reviewed by the board of directors in the budget process. The stockholders then review, adjust and approve the budget.”

“The governing documents, conflict of interest policy and fiannacial statements are made available to the public upon request.”

“Garezers prospers as a meeting place for latvians of all ages, to raise and educate latvian youth, to strenghten the latvian language, culture and spiritual values, to promote the latvian way of life and develop links with latvia.”