Lloyd Ecodistrict

“The form 990 is prepared by the organization's treasurer and reviewed by the organization's executive director 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.”

“Several years ago, the organization's executive director's annual salary was originally 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. The board is in the process of obtaining current compensation information of executive directors in the local area for the purpose of reviewing the competitiveness of the organization's executive director's compensation.”

“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.”