Encore Park Dallas

“Classes of members: the sole member of the organization is first presbyterian church of dallas.”

“Members who can elect members of the governing body: any vacancy occurring in the board of directors, and any director position to be filled due to an increase in the number of directors, shall be filled by the member.”

“Decisions of governing body subject to approval by members: notwithstanding anything contained in the bylaws to the contrary without the prior written approval of the member, the board of directors shall not (1) amend the certificate of formation of the bylaws; (2) adopt a plan of merger or a plan of consolidation with another corporation; (3) authorize the sale, lease, exchange or mortgage of any real property or all or substantially all of the property and assets of the corporation; (4) authorize the voluntary dissolution of the corporation; (5) revoke proceedings for the voluntary dissolution of the corporation approved by the member; (6) adopt a plan for the distribution of the assets of the corporation; (7) approve any transaction to which the corporation is a party and that involves a potential conflict of interest as defined in section 6.05 of the bylaws; or (8) any other action requiring the consent of the member under the act.”

“Committee with authority to act on behalf of the governing body: the organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.”

“Process to review the form 990: the form 990 is prepared by an independent cpa firm. The 990 is first reviewed by the president; the reviewed 990 is then distributed to all members of the board prior to filing with the irs.”

“Process to monitor compliance with conflict of interest policy: board members and officers are required to review the conflict of interest policy annually and disclose any potential conflicts in writing. All facts material to conflicts of interest are disclosed at board meetings and recorded in the minutes. The board chair is charged with monitoring and enforcing compliance with the conflict of interest policy. The board chair's policy is reviewed by the church, a related organization. A person who has a conflict of interest shall not participate in or be permitted to hear the board's or committee's discussion of the matter except to disclose material facts and to respond to questions.”

“Availability of documents: the governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Delegation of control over management duties: the daily management of encore park dallas is performed by michael meadows under a fundraising consulting agreement to serve as an interim executive director. These services are provided at set costs to encore park. Per irs guidance, no compensation is shown on form 990, part vii, section a for this individual: michael meadows $30,000”