Voyageur Outward Bound School

“The executive committee consists of the four officers of the board and the executive director. It is empowered to act on behalf of the board whenever an issue arises in which time is of the essence and a decision needs to be made quickly, although it seldom does so. The vast majority of decisions are made by the full board.”

“The form to be filed is distributed to the board members electronically, and time allowed for review and questions.”

“A director shall be considered to have a conflict of interest if: -such director has existing or potential financial or other interests which might impair or reasonably appear to impair such director's independent, unbiased judgment in the discharge of responsibilities to the school, or -such director is aware that a member of the director's family or any organization in which such director or family member is an officer, director, employee, member, partner, trustee, or shareholder, has an existing or potential financial or other interest which might impair or reasonably appear to impair such director's independent, unbiased judgment in then discharge of responsibilities to the school (a family member is here defined as a spouse, parent, sibling, or any other relative residing in the same household as the director. -all directors shall disclose to the board through the board chair or secretary any possible conflict of interest at the earliest practical time. Furthermore, a director shall absent him or herself from discussions of, and abstain from voting on, such matters of consideration by the board or its committees where such director has a conflict of interest. The minutes of such meeting shall reflect that a disclosure was made and that the director having a conflict or potential conflict abstained from the voting. Any director that is uncertain whether a conflict of interest may exist may request the board or executive committee to resolve the question by majority vote.”

“Executive director compensation decisions are made by the executive committee. Compensation is determined based on the salaries of other similar sized non-profits and other salaries of other executive directors at outward bound. The last review of executive director compensation was performed in 2018. The leadership team has set salary ranges for each role, including those of key employees, based upon published non-profit benchmarks. The executive director looks at the performance of the key employees and places them at an appropriate point in the salary range, and after considering the budget, assigns them a salary. This was last performed in 2022.”

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

“Non-cash change in llc 68,695.”