Eller Executive Education

“David smallhouse and base horner have a business relationship.”

“The board of directors of the corporation shall consist of not less than five (5) nor more than nine (9) directors. All directors will be appointed by the president of the university of arizona, with input from the dean of the eller college of management and the ua vice president for outreach. The board of directors shall be made up of two (2) categories of directors, as follows: * two to three (2-3) directors, but not more than 49% of the board, shall be appointed by the university of arizona president from employees of the university of arizona and shall serve as "university directors; * three to six (3-6) directors shall be appointed by the university of arizona president from the business, public sector, and/or non-profit executive and management community ("community directors").”

“Form 990 is prepared by an independent cpa and a draft is provided to the treasurer for review. Upon approval by the treasurer, a copy is provided to the entire board prior to filing.”

“The organization's conflict of interest policy covers directors, officers and members of committees with board delegated powers. All covered persons have the duty to disclose any actual or possible conflicts of interest, and disinterested persons will determine if an actual conflict exists. The board will have to decide if the organization can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If this is not possible, the board shall determine by majority vote of the disinterested members whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. If the board has reasonable cause to believe that an interested person has failed to disclose actual or possible conflicts of interest, it shall inform the interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If the board determines that that interested person had failed to disclose an actual or possible conflict of interest, it shall take the appropriate disciplinary and corrective action. Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms that 1) such person has received a copy of the conflicts of interest policy 2) has read and understands the policy 3) has agreed to comply with the policy and 4) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The board of directors established a compensation committee to develop a compensation policy for management, officers of the organization, and for faculty developing and teaching in programs, and the policy was approved by the board. The goal of the compensation committee is to establish compensation systems and rates that are equitable with peer business school executive education programs, incentivizing innovation, fairness, clarity and transparency. The dean and vice dean of the eller college review eee and recommend adjustments to base component pay of eee officers paid through the ua.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Speakers/consulting: program service expenses 113,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,500. Management fees: program service expenses 0. Management and general expenses 185. Fundraising expenses 0. Total expenses 185. Contract services: program service expenses 9,358. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,358. Liaison services: program service expenses 86,451. Management and general expenses 0. Fundraising expenses 0. Total expenses 86,451.”