The South Central Partnership for Energy Efficiency as a Resource

“The organization is an incorporated membership organization. Membership is open to anyone supporting the mission of advancing the adoption of energy efficient products and services in texas and oklahoma similar to the five other regional energy efficiency organizations with approved 501(c)(3) status.”

“Members meet annually at the organization's summit to elect board of directors, which is the organization's governing body.”

“A copy of the form 990 is emailed to the organization's board of directors for review and approval prior to its filing with the irs.”

“Each director, principal officer, and member of a committee with governing board-delegated powers is required annually to sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and, in order to maintain its federal tax exemption, must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic compensation reviews will be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in impermissible private benefit or in an excess benefit transaction. When conducting the periodic reviews, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. A voting member of the governing board or any committee who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that member's compensation. No voting member of the governing board or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the organization, either individually or collectively, is prohibited from providing information to any committee regarding compensation.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic compensation reviews will be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in impermissible private benefit or in an excess benefit transaction. When conducting the periodic reviews, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. An officer or key employee who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that officer's and/or employee's compensation. No officer of the governing board or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the organization, either individually or collectively, is prohibited from providing information to any committee regarding compensation.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“To create a forum to advance the understanding and adoption of energy efficiency as a low-cost energy resource; to design, implement, coordinate and support regional projects to promote high energy performance and clean distributed energy in the built environment.”