501CPA

“The IRS Form 990 is provided to NPBOR's Board of Directors at a Board of Directors' meeting for their review and approval prior to filing. A draft of the IRS Form 990 is emailed to those reviewing and approving one week prior to the meeting.”

“NPBOR has a conflict of interest policy which includes having all new board and committee members sign an acknowledgement they have read and understand the policy. All board and committee members are required annually and in writing to disclose all businesses or other organizations of which the member or leader, or a member of his family, is an officer, member, owner, or employee; or for which the member or leader, or a member of his family, acts as an agent; or from which the member or leader, or a member of his family, receives compensation or remuneration of any sort, with which NPBOR competes or with which NPBOR has, or might reasonably in the future enter into, a relationship or a transaction. NPBOR also has a policy directing the Board Chair and other Board Members on how to disclose a potential conflict of interest when issues are discussed or voted on, which includes disclosure and the party removing themselves from the meeting during discussion and vote. The policy directs the board or committee to seek alternates to the proposed transaction so as not producing a conflict of interest unless a more advantageous transaction or arrangement is not reasonably possible.”

“NPBOR's CEO conducts periodic reviews to determine if: 1) compensation arrangements and benefits are reasonable, based on competent survey information and 2) conform to NPBOR's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purpose and do not result in impermissible private benefit or in an excess benefit transaction. These reviews occur generally annually.Review of CEO's compensation is conducted by the Board of Directors annually. The Committee does a periodic comparative survey of salaries of organizations similar in size and nature. The review and comparative study is documented.”

“Governing documents, policies, financial statements and the IRS Form 990 are made available to the public upon request within three working days of the date the request was made.”