Madison Teachers Incorporated

“Classes of membership include active members and retired members. Active members: active membership in the corporation shall be open to all professional personnel employed by the madison metropolitan school district in the "teacher" collective bargaining unit of madison teachers incorporated, who agree to abide by the ethics of the education profession; and who are also members of the wisconsin education association, incorporated, and the national education association. Active members of the organization have the following rights: (1)the right to vote, to hold office, to serve on committees, to serve as faculty representatives, to officially represent, with its approval, the corporation. (2)any member of the corporation who is not a member of the representative council may attend meetings of the representative council and may speak provided that such member is recognized by the chair. (3)any active member who has a complaint or grievance concerning the performance of any committee or committee member, may submit it in writing to the chairperson of the committee. If the problem is not resolved it should be sent in writing, along with the committee chairperson's comments to the president who may take whatever action she/he deems necessary. (4)such members may serve on any body of the union to which he/she is elected or appointed. Retired members: retired membership shall be available to former members of madison teachers incorporated (mti) who pay retired dues as set by the council. Retired members shall be entitled to receive mti publications, to attend social functions, and to receive such other rights and privileges as may be conferred by the council.”

“The board of directors consists of six officers elected annually by the members at-large and at-large members elected by the madison teachers incorporated faculty representative council. The latter consists of representatives elected by active members at each work site and is the policy-making body of the corporation.”

“Active members vote on ratification of the collective bargaining agreement and to establish the annual dues.”

“The board does not review madison teachers incorporated's form 990, however, management reviews the form 990 before it is filed with the internal revenue service.”

“The written conflict of interest policy is distributed to new employees and madison teachers incorporated's board members. Officers, staff and board members are asked annually to disclose any relationships or actions which might result in, or create the appearance of a conflict of interest. Where there is a question of conflict of interest the matter shall be brought to the immediate attention of the board of directors to determine if a conflict exists. Any persons with a conflict shall be prohibited from participating in the governing body's deliberations and decisions regarding the transaction.”

“Madison teachers incorporated's bylaws are adopted by madison teachers incorporated's elected policy making body, the faculty representative council. Article vii of the bylaws creates the cabinet on personnel. It consists of the presidents of each of madison teachers incorporated's bargaining units, the corporate treasurer and four individuals elected by the mti faculty representative council. The cabinet on personnel is charged with the development of the corporation's personnel policies, the employment of the executive director and the authority to negotiate contracts with staff or their agents. All contracts are subject to approval by the board of a majority of the bargaining units or the joint fiscal group, a body consisting of elected representatives of all bargaining units.”

“While the organization does make its by-laws available to the public on its website, madison teachers incorporated's articles of incorporation, conflict of interest policy and financial statements are not available to the public.”

“Change in net assets - mti building corp. 1,558. Change in cash surrender value 5,886.”

“Prior period adjustment: during the year, madison teachers incorporated determined that the accrued annual leave balance at june 30, 2014 and 2013 was understated by $43,111 and $22,882 due to eligible employees being excluded from the calculation.”