Washington Pavilion Management Inc

“The executive committee is comprised of the the president, chair, vice-chair, secretary/treasurer and past-chair. The executive committee shall have and may exercise, when the board of trustees is not in session, the powers of the board of trustees in the management of the business and affairs of the corporation, except that the executive committee may not: (a) elect officers, (b) amend the articles of incorporation, (c) amend the bylaws, (d) adopt a plan of merger or consolidation, (e) or fill vacancies in the board of trustees or committees created pursuant to this section.”

“There is one class of members consisting of the trustees of the board of trustees.”

“Three trustees shall be appointed by the mayor of sioux falls, sd, with advice and consent of sioux falls city council. Advisory boards elect their board chairs, who then sit on the board of trustees.”

“The executive committee typically meets monthly throughout the year to discuss the agenda for upcoming board meetings and to brief the committee on current activities of the pavilion. The executive committee completed a performance review on the president, which was documented and placed in his personnel file. Meeting minutes were not kept.”

“The return is reviewed in detail by the president and chief financial officer. It is then reviewed by the finance committee. A copy of the form 990 will be distributed to the governing body prior to the filing date.”

“The administrative assistant sends out the conflict of interest every year in january and asks for the completed forms to be returned. If not returned, the administrative assistant makes follow up requests. At the start of every board meeting, the chair reviews the agenda and asks those in attendance if they have any conflicts of interest to disclose with the agenda. Determination of whether or not a conflict exists would be made by the officers of the board. Actual conflicts would also be reviewed by the officers. Any person with a conflict may be required to leave the room during discussion or any votes taken on the issue.”

“The compensation level of the president/ceo is approved by the executive members of the board (chair/vice-chair/secretary-treasurer) annully. The executive committee determined the president/ceo's salary based on comparability data from similar organizations. The cfo compensation is reviewed annually by the president, with typically a cost of living adjustment. However, comparability data is reviewed using industry publications and salary adjustments are made when needed to remain competitive in the industry taking geographic location into consideration.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The annual report is available on the organization's website.”

“Under a management agreement with the city of sioux falls, the organization began serving in an agency relationship for the lodge at jacobson plaza (lodge). Under this arrangement, the organization holds and disburses funds related to the operation of the lodge.”

“Change in value of beneficial interest in asset 307,445.”