Nu-Way House Inc

“The executive committee shall consist of the president, vice-president (if any), secretary, and treasurer. The executive committee shall have the authority to act on any matter requiring attention between the meetings of the board of trustees. A quorum of the executive committee shall consist of the majority of the members of the executive committee, and the act of a majority of the members present at a meeting of the executive committee shall be necessary to effect an act of the committee. In the absence of a quorum, a majority of the members may adjourn a meeting from time to time until a quorum is present; without a quorum, the members present may not continue to transact business any other business but adjournment.”

“All of the board members of nuway have a business relationship through nuway alliance.”

“The sole corporate member is nuway alliance, inc.”

“Nuway alliance, inc., a related organization, has the exclusive authority to appoint, elect, and remove directors of the board of directors. The total number of directors shall be fixed in accordance with the bylaws of the organization.”

“The form 990 is prepared by the outside public accounting firm based on information provided by management. Once a draft is available, the return is reviewed by management and changes incorporated before the return is reviewed by the board of directors, prior to the return being filed with the irs.”

“The conflict of interest policy covers interested persons. Each interested person annually completes a conflict of interest statement. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”