Sheboygan County Economic Development Corporation

“The executive committee members are all members of the board. The committee is authorized to implement activities adopted as part of annual budget and workplan. The committee will also address new activities that were not part of the budget and work plan and provide recommendation to the board of directors”

“Our board consists of business leaders from across the county. Many directors have established relationships with one another, and some board members are competitors. These connections are inevitable with a board this size. Each board member is required to sign an agreement that states each board member is not on the board for their own personal advantage or their friends and supporters.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“A pdf is sent to the board of directors prior to filing”

“The policy covers the board of directors, and the potential conflicts are reviewed every year by the executive committee. Restrictions for those that are found to have a conflict of interest are dependent on the type of conflict. In most cases the board member can still participate in meetings but are not able to vote on matters they have the conflict with. However, they may not sit in on meetings if the conflict is with a direct owner of an entity the meeting is about. The organization documents proceedings resulting from conflicts of interest in the minutes.”

“The officers perform an annual review of the executive director. It will then seek information tied to compensation and other comparable data. The review will be reported to the executive committee. The executive director performs reviews of the scedc staff on an annual basis. The decisions are outlined in the annual budget. We summarize the range of increases to the staff in the budget document that is approved by board. The process for determining compensation was last conducted in 2020. No compensation for officers, the executive committee reviews comp for executive director and key employees.”

“Documents are available upon request.”

“The corporation is addressing the housing shortage in the market and raised funds to start construction of entry level homes in 2023.”