Appleton Downtown Inc

“During the year, the organization amended their bylaws to limit directors to serving no more than three consecutive terms.”

“Any business or individual desiring to promote the organization is eligible for membership and shall pay membership dues. Each member is entitled to one vote at any regular or special meeting of the organization. The board of directors is elected by the membership at the annual meeting. Members do not share in the income of the organization or the net assets upon the organization's dissolution.”

“The board of directors shall be elected by the membership at the annual meeting. All members of the board shall be members in good standing of the organization.”

“Bylaws may be adopted either by the members or the board of directors, but no bylaws adopted by the members shall be amended or repealed by the directors, unless the bylaws adopted by the members shall have conferred such authority be subject to amendment or repeal by the members as well as by the directors.”

“The organization has no committees with authority to act on behalf of the governing body.”

“The president, treasurer and executive director review a draft of the 990 after it is prepared by a cpa firm. After the draft is approved by the director and treasurer, this draft copy is provided to each board member for further comments. When all comments have been addressed it is then officially filed.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands appleton downtown inc is nonprofit and in order to maintain its federal tax exemption it must engage primarily in activities which accomlpish one or more of its tax-exempt purposes.”

“Appleton downtown inc. Executive director compensation is determined annually with the following process: a performance review is conducted by the executive committee based on measurements of success established annually for the organizations adopted goals and objectives. Compensation data is consulted if needed using the fox cities chamber of commerce annual wage survey. The executive director is included in the review discussion at the october executive committee meeting and minutes are recorded. The organization does not compensate any other officers or key employees.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Some cancelations in the first quarter of 2021 or low attendance due to the covid-19 pandemic.”