Wayside Waifs Inc

“The executive committee may exercise all of the powers of the board of directors in the management and direction of the affairs of the organization. The committee does not have the power to (a) authorize distributions to directors, officers, agents, or employees except in exchange for value received; (b) approve dissolution, merger, or the sale, pledge, or transfer of all or substantially of the organization's assets; (c) appoint or remove directors or fill vacancies on the board or any of its committees; or (d) adopt, amend, or repeal the articles of incorporation or bylaws.”

“A draft copy of form 990 is provided to the entire board of directors for review prior to filing with the irs.”

“The conflict of interest policy requires that officers and directors annually disclose any interests that could give rise to conflicts. Board members are elected to their positions at least once every two years. At the time of elections, there is a review of all board members that includes any potential conflict of interest issues.”

“An annual performance review is completed on the president at the end of the year. The review form is completed by the board chair in conjunction with a self-appraisal completed by the president. Both are shared with all members of the executive committee for review and comments, after which the president and chair meet to discuss. The president's compensation is reviewed at that time and a recommendation is made for the compensation to be paid in the following year. The recommendation is based on both the performance of the president in achieving organizational objectives and a review of the compensation for comparable positions in the local area. Compensation is approved by the board of directors. Compensation for other officers is determined by a compensation benchmark analysis. The analysis is reviewed by the president and approved by the board of directors.”

“Copies of the organization's financials statements, bylaws, and policies are available to the public upon request. Form 990 is available on the organization's website at https://waysidewaifs.org/about-us/publications/”

“The finance committee assumes responsibility for oversight of the financial statement audit and selection of an independent accountant. The committee also reviews monthly financials and approves budgets. This process has not changed from prior year.”