Leadingage Michigan

“The executive committee shall be the administrative body of leadingage michigan. It may act, subject in all aspects to the authority and discretion of the board of directors, between meetings of the board of directors. All actions taken by the executive committee in carrying out this function shall be presented to the board of directors for ratification at its next scheduled meeting. A quorum for the conduct of business shall be composed of fifty percent (50%) plus one of the elected members of the executive committee.”

“Members of the organization are organized and operated on a non-profit basis; are exempt from federal taxation under section 501 (c) (3), (4) or (8) of the internal revenue code; and own or operate facilities, programs or services for older adults in the state of michigan.”

“Each member shall have the right to one vote at its annual meeting in the election of officers to the board of directors.”

“Leadingage michigan form 990 is reviewed by management, then forwarded to our audit committee for review which is then shared with the board of directors.”

“Each year, and at the time of appointment all officers, directors, or trustees, and key employees are required to disclose and sign an annual conflict of interest statement. This policy is intended to apply to leadingage michigan and all of its subsidiaries. Directors, officers, and selected individuals shall disclose any personal or financial interests that might constitute a conflict of interest.”

“The compensation review and approval process included the review of outside wage and compensation reports from other non-profit organizations. The reports and analysis were informally completed by the chair of our board of directors, discussed with outside legal counsel and the executive committee of the association which ultimately approved the recommendation.”

“They are provided to the public upon request.”