New Beginning Foundation Inc

“The organization has members. The first members consist of the members of the original board of trustees of the corporation, unless they have resigned or their membership otherwise terminated. Thereafter, the eligibility and qualifications for membership and the manner of and admission into membership shall be prescribed by resolutions duly adopted by the board of trustees. Annual meetings of members will be held on or about the second thursday of each august.”

“According to the bylaws of the organization, the number of trustees shall be five (not less than three). Each director/trustee shall hold office until such director/trustee's successor is elected at the annual meeting of the members. The governing board shall consist of all officers along with such other director/trustee positions as determined by the members at their annual meeting. Written ballots are to be used for all elections. Officers elected by the members may not be removed except by the members, but the authority of such officer to act as an officer may be suspended by the board for cause. The board of trustees may remove any director/trustee at any time if the best interests of the corporation would be served hereby.”

“Officers elected by the members may not be removed except by the members, but the authority of such officer to act as an officer may be suspended by the board for cause. The board of trustees may remove any director/trustee at any time if the best interests of the corporation would be served hereby.”

“Form 990 is provided to the governing body before filing, either by paper copy, or electronic copy. Governing body approval is required before final filing.”

“After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Further, each director, principal officer and member of the committee with governing board delegated powers is required to sign an annual statement affirming that such person: 1. Has received a copy of the conflicts of interest policy 2. Has read and understands the policy 3. Has agreed to comply with the policy 4. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. Periodic reviews of the conflict of interest policy are to be conducted, which will include at a minimum: 1. A reveiw of whether any compensation arrangements and benefits are reasonable and a result of arm's length bargaining, and 2. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods/services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Licenses, fees, permits: program service expenses 4,121. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,121.”