Upper Peninsula Region of Library Cooperation Inc

“Uprlc's, inc. Treasurer will provide for an annual review by the board of trustees for federal filings, including the irs 990 form. The process for review shall be for the treasurer to forward electronic filings by email to the board of trustees prior to filing. Each memeber of the board of trustees shall give the treasurer a current email address prior to the 1st of january each year.”

“Conflict of interest policy section 1. Purpose: the upper peninsula region of library cooperation, inc. (uprlc, inc.) is a nonprofit, tax-exempt organization. Maintenance of its tax-exempt status is important both for its continued financial stability and for public support. Therefore, the irs as well as state regulatory and tax officials view the operations of uprlc, inc. As a public trust, which is subject to scrutiny by and accountable to such governmental authorities as well as to members of the public. Consequently, there exists between uprlc, inc. And its board, officers, management employees, its fiscal agents and the public a fiduciary duty, which carries with it a broad and unbending duty of loyalty and fidelity. The board, officers, management employees, and its fiscal agents have the responsibility of administering the affairs of uprlc, inc. Honestly and prudently, and of exercising their best care, skill, and judgment for the sole benefit of uprlc, inc. Those persons shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their positions with uprlc, inc. Or knowledge gained there from for their personal benefit. The interests of the organization must be the first priority in all decisions and actions. Section 2. Persons concerned: this statement is directed not only to directors and officers, but to all employees and fiscal agents who can influence the actions of uprlc, inc. For example, this would include all who make purchasing decisions, all persons who might be described as "management personnel,- and anyone who has proprietary information concerning uprlc, inc. . Section 3. Areas in which conflict may arise: conflicts of interest may arise in the relations of board, officers, management employees, its fiscal agents with any of the following third parties: 1. Persons and firms supplying goods and services to uprlc, inc. 2. Persons and firms from whom uprlc, inc. Leases property and equipment. 3. Persons and firms with whom uprlc, inc. Is dealing or planning to deal in connection with the gift, purchase or sale of real estate, securities, or other property. 4. Competing or affinity organizations. 5. Donors and others supporting uprlc, inc. 6. Agencies, organizations. And associations which affect the operations of uprlc, inc. 7. Family members, friends, and other employees. Section 4. Nature of conflicting interest: a conflicting interest may be defined as an interest, direct or indirect, with any persons or firms mentioned in section 3. Such an interest might arise through: 1. Owning stock or holding debt or other proprietary interests in any third party dealing with uprlc, inc. 7 2. Holding office, serving on the board, participating in management, or being otherwise employed (or formerly employed) with any third party dealing with uprlc, inc. 3. Receiving remuneration for services with respect to individual transactions involving uprlc, inc. 4. Using uprlc inc.'s time, personnel, equipment, supplies, or good will for other than uprlc-approved activities, programs, and purposes. 5. Receiving personal gifts or loans from third parties dealing or competing with uprlc, inc. Receipt of any gift is disapproved except gifts of a value less than 50, which could not be refused without discourtesy. No personal gift of money should ever be accepted. Section 5. Interpretation of this statement of policy: the areas of conflicting interest listed in section 3, and the relations in those areas which may give rise to conflict, as listed in section 4, are not exhaustive. Conflicts might arise in other areas or through other relations. It is assumed that the directors, officers, and management employees will recognize such areas and relation by analogy. The fact that one of the interests described in section 4 exists does not necessarily mean that a conflict exists, or that the conflict, if it exists, is material enough to be of practical importance, or if material, that upon f”

“Uprlc, inc.'s board of trustees shall review and approve compensation for the following paid positions: 1) executive director, 2) officers of the board of trustees, 3) fiscal agent. The process will include a review and approval by independent persons who will consider comparable salaries and benefits paid to other nonprofit agencies in the region. The deliberation and decision shall be recorded in the minutes of a regular board of trustees meeting. Note: this policy is adopted to comply with irs rules. Uprlc has no paid staff.”

“Uprlc, inc.'s board of trustees shall review and approve compensation for the following paid positions: 1) executive director, 2) officers of the board of trustees, 3) fiscal agent. The process will include a review and approval by independent persons who will consider comparable salaries and benefits paid to other nonprofit agencies in the region. The deliberation and decision shall be recorded in the minutes of a regular board of trustees meeting. Note: this policy is adopted to comply with irs rules. Uprlc has no paid staff.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public on its website.”

“Form 990, part i, line 1 and part iii, line 4a - institute shared library automation system among 103 member libraries. Member services include the retention of consultants, various discounts, purchase of equipment, holding of board meetings and miscellaneous expenses to support this activity.”

“Rebilled services 68,601 rebilled services -67,751 total 850”