Lloyd Ecodistrict

“The form 990 is prepared by the organization's executive director and reviewed by the organization's treasurer and an outside accountant. In addition, a final draft of the form 990 is made available to the organization's board of directors for review before it is filed.”

“The organization has a written conflict of interest policy, which ls read and understood by all employees and members of the organization's board of directors. All employees and board members are under a continuing obligation to disclose any potential conflict of interest as soon as it is known or reasonably should be known. If lloyd ecodistrict enters into any new significant relationship with businesses or other organizations, this is disclosed at board of director's meetings so that individual board members can assess if there is a conflict of interest.”

“In 2022, the compensation of the organization's executive director position was determined to be comparable to other executive directors of nonprofit organizations of similar size in the local portland, oregon, metropolitan area. The executive director's compensation is reviewed by the organization's board of directors in connection with the approval of the annual operating budget. More recently, a local recruiting firm confirmed that the compensation we were paying for our executive director was in alignment with other organizations of our size in the portland metropolitan area.”

“The organization's governing documents and conflict of interest policy are readily available to the public, but would be made available to individuals, businesses, and other organizations, upon request. Lloyd ecodistrict's annual financial statements included in its form 990 are available upon request or can be accessed on its website.”