Chesapeake Charter School Alliance Ltd

“The organization has voting and non-voting members. Any individual or family interested in and committed to the purpose of the alliance is eligible for non-voting membership. Any individual or family interested in and committed to the purpose of the alliance who pays the annual dues is a voting member of the alliance.”

“Regular board members are elected through a "self perpetuating board" process. A committee seeks out and interviews condidates and forms a slate. The full board votes on the slate. The staff elects the staff member, and the parent member is elected by the general membership.”

“The organization engages an outside professional to prepare the annual form 990. A draft of the form 990 is provided to the finance committee of the organization upon preparation by the outside professional. Upon the review and approval of the finance committee, the outside professional finalizes the form 990 and provides final copies to the organization.”

“The organization has a conflict of interest policy that requires all board members to annually sign a statement disclosing any potential conflicts of interest.”

“The organization does not have paid employees. The teachers and staff of the chesapeake public charter school are employees of the st. Mary's county school system. The compensation of the teachers and staff are determined exclusively by the st. Mary's county public school system. The organization reimburses the st. Mary's county public school system for the employment costs of the teachers and staff.”

“The organization does not have paid employees. The teachers and staff of the chesapeake public charter school are employees of the st. Mary's county school system. The compensation of the teachers and staff are determined exclusively by the st. Mary's county public school system. The organization reimburses the st. Mary's county public school system for the employment costs of the teachers and staff.”

“All governing documents, conflict of interest policies, and financial statements are made available to the public upon request or via the organization's website.”

“To support the chesapeake public charter school as follows: 1)by engaging in informational activities to increase public awareness and to promote understanding of the vision of the chesapeake public charter school. 2) by conducting fundraising activities and soliciting grants, donations, and charitable contributions to be used solely for the financial support of the chesapeake public charter school. 3) by acting as the governing body for the chesapeake public charter school”

“The alliance received rental income from debt-finance property during the fiscal year. Since the alliance uses more than 85% of the debt-financed property for its charter school program, the rental income is exempt from unrelated business income tax.”

“Facility expenses 97,736 fundraising expenses 15,652 facility expenses -97,736 fundraising expenses -15,652”