Minnesota Taxpayers Association

“There is an executive committee with authority to act on behalf of the board between meetings. The committee is at all times subject to the control and direction of the board.”

“The organization has three types of members -- individuals, small business & trade associations, and larger businesses, accounting & legal firms. Each membership has one vote. The organization also has subscribers who receive regular publications and newsletters but are not members and are not eligible to vote.”

“Members of minnesota center for fiscal excellence elect the board of directors. Each membership has one vote.”

“Changes to the organizing documents need to be approved by the members. The board of directors has the power to make routine operating decisions without approval by the members.”

“The executive committee reviews a draft of the form 990. All board members are given the opportunity to review the return if they wish. After any changes are made by the accountants, the final version of the return is approved by the executive committee and filed.”

“The board of directors reviews the conflict of interest policy annually with members.”

“The board of directors reviews and sets the salary for the executive director and other staff.”

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

“Officer compensation minnesota center for fiscal excellence (center) is supported by the minnesota foundation for fiscal excellence (foundation), a related organization as defined by irs instructions. Center and foundation share staff and facilities. All shared staff are employees of center. Shared costs for staff, facilities and overhead are allocated between the organizations and foundation reimburses center for its share. Shared costs allocated to foundation are reported on center's schedule r as reimbursed paid by other organizations.”