Tinkermill

“An electronic copy of the draft form 990 is circulated via email to all board members. The board is asked to review the document and send all questions or concerns to the executive director or treasurer. Once all questions are addressed, and any changes recorded, the form 8879-te is signed by the treasurer and the return is electronically filed with the irs.”

“A. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.b. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“Executive director compensation is set by the full board each year.”

“All organization documents, bylaws, board meeting minutes, annual financial reports and the annual form 990 are available upon request from the organization.”