Agricultural Utilization Research Institute

“Mr. Kenneth asp represents mn wheat research & promotional council. Mr. Ron obermoller prepresents minnesota soybean research & promotional council. Mr. John schaefer represents mn beef council. Mr. Jerry hasnedl represents minnesota farmer's union. Mn wheat, mn soybean, mn beef, and mn farmer's union may be collaborators on some of auri's projects.”

“-auri minnesota state statute 116v.01 (updated for 2018) addition of 2 at-large board representatives, increasing the board of directors from 9 representatives to up-to 11 representatives. Also, clarifying the language around auri's audit requirements from the office of the legislative auditor and third parties. -auri articles of incorporation (updated 9/21/17) addition of 2 at-large board representatives, increasing the board of directors from 9 representatives to up-to 11 representatives. -auri bylaws (updated 9/21/17) updates to language on how often the board of directors meets, along with several miscellaneous revisions. -auri policy (updated 01/18/18) auri updated its policy as of january 18th, 2018. Substantial changes to auri policy included; inclusion of a vision statement, revisions to the intellectual property policy, updating auri's conflict of interest policy, use of the general services administration (gsa) per diem rates for auri staff while conducting out-state and in-state travel, revising the capital expenditure and fixed asset limits, revision of the investment policy to include reserve language and requirements for an "actively managed portfolio", executive director succession policy, addition of a "research projects" program, and several other policy updates and revisions.”

“A copy of the form 990 is electronically sent to the board of directors for review and then is discussed, reviewed and approved at a board meeting prior to filing.”

“Annual inquiries are made to ensure compliance with the conflict of interest policy.”

“The "salaries & benefits" budget is approved by the board of directors annually and compensation of key employees is approved by the executive director. All compensation of employees of auri is reviewed by an independent party prior to hire. The compensation of the executive director is approved by the board of directors. The board of directors conducts an annual evaluation of the executive director.”

“Governing documents, policies and financial statements are available upon request.”

“The organization implemented a fee-for-service and project fee framework in january of 2018. Per minnesota state statute 116v.01, subd.3., (a) the agricultural utilization research institute shall: (5) to the extent possible earn and receive revenue from contracts, patents, licenses, royalties, grants, fees-for-service, and memberships.”

“Professional development: program service expenses 10,517. Management and general expenses 11,080. Fundraising expenses 0. Total expenses 21,597. Sponsorships: program service expenses 12,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,400. Registration and memberships: program service expenses 3,965. Management and general expenses 4,887. Fundraising expenses 0. Total expenses 8,852. Special projects: program service expenses 2,778. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,778.”