MDI Hired Hands

“There is an executive committee which consists of the chair of the board, who chairs the committee, the vice chair, treasurer and past chair. The president and ceo attend meetings at the discretion of the committee's chair. If action is required, between meetings of the board of directors, the executive committee has all of the powers of the board of directors.”

“The organization amended its bylaws during the year to eliminate the four classes of directors. There are no longer distinct classes of directors.”

“Directors elected to the board of directors of minnesota diversified industries, inc., mdi commercial services, inc., and mdi government services, inc., all related organizations, are also elected to the board of directors of deer river hired hands, inc.”

“A draft copy of form 990 will be reviewed by the finance committee and submitted for review and approval to the board of directors prior to filing.”

“The policy is brought to the attention of the board of directors at least annually at a regular meeting and recorded in the minutes of such meeting. Board members have specifically agreed to disclosure of any potential conflict of interest relating to the subject matter of a meeting of the board of directors or a committee on which they serve, and withdrawal from such meeting during the discussion of, and the vote on, the subject matter that results in the potential conflict of interest. Additionally each board member signs a conflict of interest statement.”

“The executive committee of the board is responsible for determining compensation of officers and key employees. The process includes review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decisions. This process was most recently undertaken in february 2014.”

“The organization provides all governing documents and financial statements to anyone making a request.”