National Scholastic Press Association

“The organization's executive committee is comprised only of members of the board of directors. The president of the board of directors shall lead and be a member of the executive committee. The executive committee may act on behalf of the board of directors between meetings of the board of directors to the extent determined by the board of directors. In addition, the executive committee shall annually review the performance of the executive director of the organization, and shall annually review and determine the executive director's base salary, any incentive or bonus compensation and all benefits to be provided to the executive director, has the authority of the board to execute and terminate the executive director's employment with the organization.”

“A final copy of the form 990 along with all schedules and attachments will be provided to every member of the board of directors prior to filing with the irs. In addition, the form will be reviewed by a committee of the board and then by the full board at a board meeting.”

“An interested person is a director, board or staff officer, or member of a committee with board-delegated powers who has a direct or indirect financial interest. Upon identifying a conflict of interest, a discussion will take place between the board and the interested person. The interested person must then leave the meeting while the remaining board (or committee) members discuss and vote regarding the existence of a conflict of interest. The names of the persons who disclosed or were otherwise found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the interest, any action taken to determine the existence of a conflict of interest and the decision regarding the conflict of interest will be recorded in the minutes of meetings of the board (or committee). Each director, board and staff officer and member of a committee with board-delegated powers shall complete and sign a "conflict of interest policy annual statement" at the time of his or her initial election or appointment annually and thereafter.”

“The process for determining compensation of the executive director consists of the following: the board, which is comprised entirely of independent persons with respect to the executive director considers and sets the compensation of the executive director after obtaining and relying upon appropriate data as to comparability or fair market value with respect to the services being provided. The board contemporaneously documents, in minutes of the executive session of the board, the reasons for its decisions in setting the compensation, including references to the comparability data used and relied upon by the board in making its decisions. This process was last conducted the summer and fall of 2013 for a new executive director. The names of four finalists were made public. The compensation data was compiled by minnesota council of non profits and the american society of association executives. While the organization does not have any other paid officers or key employees, if the organization had these positions in the future, the same procedures would be followed.”

“The organization's governing documents and conflict of interest policy are made available to the public on the organization's website. The organization's financial statements are made available to the public upon request.”