Minnesota Business Partnership Inc

“The executive committee consists of no less than eleven members and no more than twenty-five members elected from the members of the board. The board may establish committees to carry out the programs of the corporation. These committees may establish rules and regulations with respect to regular or special meetings as it deems appropriate.”

“The partnership's membership consists of those individuals that hold the position of chief executive officer or comparable position of a large, private employer in the state of minnesota. The executive committee may extend membership to an individual who leads a large employer not in the private sector, where such membership is deemed appropriate.”

“The partnership's members are also the members of the board of directors.”

“The partnership's members are also the members of the board of directors; and have the authority to adopt, amend, or repeal articles of the governing documents.”

“The form 990 will be reviewed in detail by the audit committee. The form 990 and audit committee review will be presented to the full board of directors. These actions will take place before the return is filed with the irs.”

“Each member of the executive committee and the staff will annually complete a disclosure statement to identify any known real or potential conflicts of interest. A summary of these conflicts of interest will be reviewed by the governance committee and reported to the executive committee. Any member of the board of directors who wishes to determine if a conflict of interest exists may inquire of the chair of the governance committee for a resolution. Any conflicted individual will disclose the details of the conflict prior to board review of the transaction and decision. Any conflicted director shall refrain from participation in the discussion and shall abstain from voting. These actions shall be noted in the meeting minutes.”

“Executive director compensation is reviewed and approved in three stages: the board chair, executive committee, and the full board. The initial employment contract compensation was based in part on other organizations' salary practices. The deliberation process was recorded in the meeting minutes, the final employment contract, and in a compensation policy. This process was last conducted in august, 2014 for executive director, charles weaver. Other officer/key employee compensation is prepared by the executive director for review and approval by the audit committee as part of the annual budget process. The partnership conducts a review of a salary survey when an employee is hired and follows a compensation policy for determining compensation levels. This process was last conducted for fiscal policy director, jill larson; and education policy director, jim bartholomew in 2014.”

“The partnership does not make its governing documents, conflict of interest policy, nor its financial statements available to the public.”