Northeast Contemporary Services Inc

“The board of directors may establish one or more committees having the authority of the board in the management of the business of the corporation to the extent determined by the board of directors.”

“A copy of the form 990 is provided to the board of direcotrs prior to a regularly scheduled meeting of the board. The 990 is reviewed and approved by the board of directors prior to filing.”

“The organization's written policy regarding conflicts of interest is provided to each officer, director, and key employee. The policy includes, among other items, information regarding conflict of interest procedures, conflict of interest violations, recordkeeping, etc. Each person signs a disclosure statement indicating they have not only received a copy of the policy, but also have read and understood the policy, agree to comply with the policy, etc. Each person is also to indicate on the disclosure statement the capacity in which they serve/represent the organization, other organizations in which they have a material financial/beneficial interest, activities/transactions/contracts involved in which could be adverse to the organization, business opportunities being pursued which could be adverse to the organization, and any other potential conflicts of interest. The policy/disclosure statement is reviewed/updated annually.”

“The organization participates in and maintains compensation survey data, typically the minnesota council of nonprofits and/or the minnesota organization for habilitation and rehabilitation along with arrm. These surveys provide comprehensive data on compensation provided to employees of nonprofit organizations and disability service organizations, respectively. When changes to compensation are being considered, current data from these surveys is provided to each member of the organization's board of directors for review. The result of compensation changes are recorded in the board of director meeting minutes.”

“Governing documents are made available upon request.”

“The process detailed below has not changed from the prior year. Copies of financial statements, which are prepared and audited by an independent accounting firm, are provided to each member of the board of directors. The financial statements and audit report are reviewed at a regularly scheduled meeting of the board of directors and approval is recorded in the meeting minutes. Written proposals from independent accounting firms for completion of financial statements/audits are reviewed and approved by the board of directors prior to their selection, and approval is recorded in the board of directors meeting minutes.”