Minnesota Adoption Resource Network

“The organization's executive committee consists of the officers of the board of directors. The committee has the full authority to act for the board in managing the affairs of the organization during the intervals between meetings of the full board.”

“The bylaws were amended to change the number of board members from maximum of 15 and minimum of 8 to maximum of 20 and minimum of 3. The bylaws were amended to change the number of officers from 4 to a range of 2 to 5 officers.”

“The board must review and approve the form 990 before it is filed.”

“The conflict of interest policy that applies to the board of directors resolves that no member of the board shall participate in any discussion or vote on any matter in which he or she or a member of his or her immediate family has potential conflict of interest due to having material economic involvement regarding the matter being discussed. When such a situation presents itself, the director must announce his or her potential conflict, disqualify himself or herself, and be excused from the meeting until discussion is over on the matter involved by remaining members. The board chairperson is expected to make inquiry if such conflict appears to exist and the board member has not made it known. All proceedings are documented in the meeting minutes or as otherwise appropriate. All board members must complete and submit the conflict of interest questionnare that ascertains that the members do not have a substantial financial interest in any outside concern that does business with or is in competition with the minnesota adoption resource network.”

“Changes to the executive director's compensation are determined by a special committee of the board of directors through a review process that includes self-evaluation by the board, a 360 evalution survey sent to staff, and board member evaluation. Compensation of exectuive directors of comparable non-profit organizations as well as the previous salary is used to establish the compensation level. There was a written report and summary of the evaluation process, along with a letter of recommendation of new compensation level. This process was documented in committee notes. The committee believes that compensation is at or below market rates for similarly situated organizations and that the salary increase was mertied based on evaluation and organizational growth. The compensation for the executive director was last evaluated and changed in fiscal year 2021.”

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

“Contracted services: program service expenses 228,011. Management and general expenses 6,506. Fundraising expenses 0. Total expenses 234,517. Adoption & fostercare assistance: program service expenses 280,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 280,000.”

“The oversight process has not changed from the prior year.”