Madison County Development Group

“The officers of the coproration shall consist of a president and a past president, two vice presidents, a secretary and a treasurer, and such other officers as may be elected or appointed by the board of directors.”

“The number of directors of the corporation shall be not less than seven nor more than eighteen, as set from time by the board of directors. At the annual meeting of members, the members shall elect directors to hold office until the next succeeding annual meeting, and each director shall hold office for the term for which he is elected or until his successor shall have been elected and qualified. The city administrator of the city of winterset, a county supervisor of madison county, iowa, and a representative of the winterset municipal utility board shall be voting members of the board of directors. Election and term of office. The officers of the corporation shall be elected annually by the board of directors at the first meeting of the board of directors held after each annual meeting of the members. If the election of officers shall not be held at such meeting, such election shall be held as soon thereafter as conveniently may be. Vacancies may be filled or new officer positions created and filled at any meeting of the board of directors. Each officer shall hold office until his successor shall have been duly elected and qualified, until his death or until he shall resign or shall have been removed. Election or appointment of an officer shall not of itself create contract rights.”

“A draft copy of the 990 is provided to the organizations executive committee prior to signature”

“Board members are required to sign a statement annually indicating they are aware of the conflicts of interest policy”

“No documents available to the public”