St Cloud Opportunities Inc

“The executive committee consists of five elected officers plus three appointed members. All eight are elected members of the board of directors. The executive director is a non-voting member of the committee. The committee has broad authority to manage the routine affairs of the corporation.”

“The organization has one class of members, consisting of 100 directing members.”

“The directing members elect all of the directors to the board of directors.”

“The members elect directors and officers and approve the annual budget as well as any bylaws amendments.”

“The 990 is reviewed first by the executive committee, then, if approved, reviewed and approved by the board.”

“"each director, officer and member of a committee with board-delegated powers shall annually sign a statement that affirms that such person: a. Has received a copy of the conflicts of interest policy; b. Has read and understands the conflicts of interest policy; c. Agrees to comply with the conflicts of interest policy; and d. Understands that the corporation is a nonprofit organization and that in order to maintain its nonprofit status no part of the net earnings of the corporation may inure to the private benefit of any individual except for reasonable compensation paid for services rendered. An interested person shall have the duty to disclose the existence of a financial interest and all related material facts to the directors and committee members considering the proposed transactions or arrangement. After disclosure of the financial interest and discussion of all related material facts, the interested person shall leave the board or committee meeting. The remaining board or committee members shall decide if a conflict of interest exists. All proceedings related to conflicts of interest are documented in the meeting minutes."”

“The tax documents and conflict of interest policy are available to the public upon request.”