Homeward Bound Inc.

“The board of directors may designate an executive committee composed of the board chair, the vice-board chair, the secretary and the treasurer and any other directors as the board may determine from time to time. The executive committee shall have the authority of the board of directors in the management of the business of the corporation in the interval between meetings of the board of directors, and the executive committee shall at all times be subject to the control and direction of the board of directors. Unless specifically empowered by the board of directors to do so, the executive committee shall not take any action which is contrary to or inconsistent with a prior and existing resolution, policy, guideline or direction established by the board of directors, or would constitute a material change in the business, affairs or policies of the corporation as previously determined by the board of directors, or would alter bylaws, remove or appoint directors or officers, or take any action which has been reserved by the board of directors. The board chair shall decide the dates and places of regular executive committee meetings. Special executive committee meetings may be called by the board chair or the president upon not less than two business days' notice thereof. A majority of the members of the executive committee shall constitute a quorum at any meeting thereof. A vote of two-thirds (2/3) of the members of the executive committee present at a duly held meeting of the committee shall be sufficient for the transaction of business. Any action that could be taken at a meeting of the executive committee may be taken by a written action signed by all members of the executive committee. Minutes of the proceedings of the executive committee shall be kept and promptly mailed to all members of the board of directors and such minutes shall be submitted for ratification or amendment at the next ensuing meeting of the board of directors.”

“Before form 990 is filed the director of finance and property reviews the form with both the finance committee and the board of directors. We compare the 990 finanancial information to the audited financial statements and go through all of the non-financial questions.”

“The organization has in place a policy on conflict of interest, as well as a procedure for the implementation. The policy covers members of the homeward bound board of directors, the homeward bound foundation's board of directors, homeward bound employees and volunteers. Those covered are oriented to both policy and procedure in the first month of the commencement of the individual's relationship with homeward bound or the foundation an the orientation is documented. Those covered are asked to disclose in writing wheter they have an actual or potential conflict of interest annually, or as they arise. The determination of a conflict and what to do about it are decided in the following manner: 1-the ceo, the director of the affected department and the director of human resources if the disclosure comes from an employee 2-the ceo and the director of development if the disclosure comes from a volunteer 3-the affected board of directors if the disclosure comes from a member of the board or the ceo. If the affected board takes a vote on action, decision will be by majority vote without counting the vote of any interested member, even if the disinterested members are less than a quorum, providing that at least one consenting member is disinterested. A member of the one of the boards who is formally considering employment with homeward bound or the foundation will subit a written request for a temporary leave of absence to the secretary indicating the time period of the leave.”

“The ceo/president's compensation is determined by the executive committee of the board, who evaluates ceo/president's performance based on established goals. Compensation is then set based on personal performance, financial performance within the industry, the employee's position level within the organization, and geographic compensation comparisons. The ceo/president's compensation is documented annually in the minutes of the executive committee. Compensation was reviewed and approved during 2013 for the ceo/president, d. Priebe. Board officers do not receive compensation. Other officers' compensation is approved by the ceo and based on the employee's position level within the organization, financial performance within the industry, personal performance and geographic compensation comparisons. The company uses four salary and benefit surveys; minnesota council on nonprofits, arrm, compensation.blr and trusight. Compensation was reviewed and approved during 2009 for the director of finance & property, d. Frink.”

“The organization's government documents, conflict of interest policy documents, and financial statements are made available to the public upon request.”