Greater Des Moines Partnership

“The organizations board is comprised of a large number of individuals from many different businesses in the region. The organizations represented on the board operate in a number of industries, including government and non-profit, and serve a broad range of customers. As such, the various organizations represented by the boardmembers have ordinary and usual business relationships with certain other organizations also represented on the board. Those relationships are all in the ordinary course of business and do not create conflicts of interest relative to the work of the organization.”

“Organization's process to review form 990 the form 990 information was compiled by the organization's chief financial officer & chief administrative officer, with support from its independent tax preparer. The review of the information ensured the accuracy of the data, along with compliance with irs requirements. The form 990 was reviewed in detail by the organization's finance committee to ensure its accuracy, transparency, and completeness. The form 990 was provided to all board members for their review.”

“Each year, members of the board of directors, along with officers, key employees, and all employees, review the conflict of interest policy. The policy requires that each individual acknowledges having received the policy, that they've read and understood the policy, and agree to comply with the policy. Specifically, the board members are required to disclose any potential conflicts of interest related to transactions involving the organization,which the board member may have a direct or indirect interest. In the event a potential conflict of interest arises, meeting minutes shall document the disclosure and steps taken to resolve, in order to conform to the policy. This affirmation to comply with the policy in carrying out board duties is made on an annual basis. With respect to employees, all employees similarly disclose on a semi-annual basis any apparent or actual conflicts of interest. That information is reviewed by the senior leadership of the organization in order to determine whether a conflict of interest does or may exist. According to the policy, if upon review of these disclosures, a conflict of interest does exist, a management plan will be developed and implemented to resolve the conflict of interest. During the year, there were no conflicts of interest identified for boardmembers or for employees. Consistent with prior years, the annual affirmation was again conducted as of the first of the year.”

“The organizations president & ceo's compensation is reviewed annually. There view involves the utilization of an independent consultants review of comparable compensation information based upon local and regional consideration of similar positions, and taking into account national information for similar organizations. This analysis, combined with the performance assessment of the ceo is used to determine the extent of any compensation adjustments. The performance review and consideration of compensation level was under taken by the compensation committee of the organization, which reports to the board of directors. The process reflects a documented and thorough review undertaken by independent individual.”

“The organizations audit report is available to the public upon request. In every situation where the report was requested, it was provided. Similarly, when governing documents such as articles of incorporation are requested, those have been shared. There have been infrequent requests for these documents, but in every case, information is shared as requested.”

“Started legacy project: career ready collective under talent development program.”