Brainerd Lakes Area Development Corporation

“The executive committee is comprised of the president, vice president, and secretary/treasurer. The past president serves as an ex-officio member of the committee. The committee has the authority of the board of directors in the management of the organization, but may only act in the interval between meetings of the board and its actions must be ratified by the board at its next regular meeting.”

“The organization is organized as a corporation with seven membership categories: individual, basic, supporter, partner, affiliate, strategic, executive”

“The board of directors is elected by the members from among the members.”

“Amendments to the organization's governing documents are subject to the power of active members present at any annual meeting or special meeting called for such to reject such amendment.”

“The form 990 is presented for review by the executive director, the signing officer and/or the treasurer of the organization before filing the return with the irs. Before filing the form, a copy of the form 990 return is also made available to the governing body electronically for inspection, review, and comment.”

“Any board of directors who have direct involvement with an applicant, project, or request, or with personal or financial interest in any proposal will be required to make known such interest or involvement. The board of directors will then determine on a case by case basis whether or not there is a sufficient conflict of interest to warrant exclusion from discussing or voting any matters concerning that proposal or project. If the board president has a conflict, the vice president will preside over that portion of the meeting. All board of director discussions and resolutions on conflicts of interest will be documented in the meeting minutes.”

“Annually, the executive director completes a self-evaluation. The personnel committee, which is independent of the executive director, then conducts a performance review of the executive director (and may survey the board of directors for additional input). The personnel committee uses comparable salary and benefits data in their performance review and for setting future executive director salary. All steps conducted by the personnel committee are documented in their meeting minutes. January 2024 was the last time the executive director's salary was reviewed.”

“The public may request to view the organization's governing documents, conflict of interest policy, and financial statements during regular business hours at the organization's place of business.”