Turningpoint for Victims of Domestic and Sexual Violence Inc

“Board of directors reviews and approves 990 before filing”

“All employees, board members, directors, and officers shall sign an annual disclosure statement, which affirms that the person has received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy. Each employee, board member, officer, and director shall disclose all material facts regarding their affiliation with any person or entity with whom turningpoint is considering entering into a transaction. Each board member shall disclose all affiliations to the board chair. The executive director and board chair shall disclose all affiliations tothe board of directors. The board of directors shall determine whether a conflict of interest exists. Each person with substantial influence and a potential conflict of interest shall make the disclosure promptly upon learning of the link between said person and the transaction. If the board of directors determines that a director, officer, or board member with substantial influence over turningpoint has a conflict of interest with regard to a transaction of turningpoint, turningpoint may engage in the transaction only if the following conditions are met prior to the transaction: i. Such person shall disclose to the board of directors all material facts concerning the person's affiliation with the transaction. Ii. The board of directors shall review the material facts. The transaction may be approved only if a majority of the directors, not counting the vote of such person, concludes that: 1.the proposed transaction is fair and reasonable to turningpoint, and 2.turningpoint proposes to engage in this transaction for its own purposes and benefits and not for the benefit of such person, and 3.the proposed transaction is the most beneficial arrangement, which turningpoint could obtain in the circumstances with reasonable efforts. The minutes of any meeting at which such a decision is made shall record the nature of the affiliation, the material facts disclosed by such person, review of the facts by the board of directors, and decisions regarding the conflict of interest.”

“The board of directors reviews and approves the executive director's salary. The board utilizes data from the minnesota council of nonprofits and national council of nonprofits to determine the amount of compensation. The outcomes of the decision are documented in the organization's minutes. This process was last reviewed in 2024.”

“The organization's financial statements, conflict of interest policy, and governing documents are available upon request.”