Rochester Area Chamber of Commerce

“The executive committee is comprised of chair, chair - elect, treasurer, secretary, at large member, president - non - voting member. All are members of the board. The executive committee shall act for and on behalf of the board of directors when the board is not in session but shall be accountable to the board for its actions.”

“The organization has members.”

“The organization's members elect the board of directors.”

“In the election of new board members, the organization's members have the power to contest a nomination or propose other candidates. If this happens, the entire membership votes on the nominated candidates.”

“It will be sent out to board members.”

“Rochester area chamber of commerce is a nonprofit, tax-exempt organization. Maintenance of its tax-exempt status is important both for its continued financial stability and for public support. Therefore, the irs as well as state regulatory and tax officials view the operations of rochester area chamber of commerce as a public trust, which subjects to scrutiny by and accountable to such governmental authorities as well as to members of the public. Consequently, there exists between rochester area chamber of commerce and its board, officers, and management employees and the public a fiduciary duty, which carries with it a broad and unbending duty of loyalty and fidelity. The board, officers, and management employees have the responsibility of administering the affairs of rochester area chamber of commerce honestly and prudently, and of exercising their best care, skill, and judgement for the sole benefit of rochester area chamber of commerce. Those persons shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their positions with rochester area chamber of commerce of knowledge gained there from for their personal benefit. The interests of the organization must be the first priority in all decisions and actions. On an annual basis the chamber requires all board of directors to complete a conflict of interest questionnaire. These questionnaires are reviewed by the vice president of finance & administration and any noted conflict is discussed individually with the board director involved and resolved in the best interest of the chamber.”

“The annual review of the chamber's president is performed by the board of directors. The vice president of finance & administration compiles salary and benefit information from chambers of similar size in membership and revenue (dues and non-dues). Recent market information is also accumulated performance evaluations for the president are prepared by board members, staff and members-at-large who were selected at random. This evaluation information is compiled and delivered to the board of directors. The board officers review the evaluations and the salary analysis data against a listing of the president's current salary and benefits. Adjustments to the compensation package are sent from the board chair directly to the vp of finance & administration, and compensation is recorded in the meeting minutes. The compensation for the president ryan parsons was determined in 2019 by the board chair & vice chair utilizing data provided by the vice president of finance & administration regarding chamber president salaries and by their use of internal executive officer compensation packages. The compensation for other officers\key employees of the organization is determined by the president utilizing chamber salary reports and state\regional salary reports on comparable positions compiled by the vice president of finance & administration. The process described here was last completed in 2019.”

“The chamber does not make available to the public its audited financial statements, articles of incorporation, by-laws and policies.”

“Chamber champions league-unites businesses through a series of friendly head-to-head competitions, blending physical challenges, mental trials, and team-building action in one fun-filled day of teamwork. Ryt summit is a professional development conference with a blend of a leadership panel, workshop, and keynote speaker providing insights and strategies for leadership and professional growth.”