Green Mountain Performing Arts Inc

“Amy Siegel is the daughter of Robert Siegel.”

“As proposed in our November 2012 Board of Directors meeting, the board will meet in executive session and review the Form 990 as presented by Treasurer. As we review financials on a monthly basis we are aware of our current financial picture. The Treasurer will be on hand to answer questions and provide a check list to members of the Board.”

“The purpose of the conflict of interest policy is to protect the Corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Corporation, or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable Corporations.We carefully review expenses and approve proposed expenditures to verify that the vendor is an approved vendor. After a thorough check of the interested party we approve or deny the expenditure. If a member of the Board or executive staff has an interest in the party, they are excused from the vote.a.Chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.b.After exercising due diligence, the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.c.If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The Board of Directors met and reviewed all job descriptions including the Executive Director. After updated and changes, the Board voted to accept all job descriptions. Once this complete we reviewed salaries and wages for staff. After careful review of the current financial picture of GMPA, qualifications of ED, and job responsibilities the board determined the position could support a 20 hour work week and the fair and equitable wage. It is board policy to review salaries and employees on an annual basis and make changes as deemed necessary.”

“All documents are available upon request.”