Pa Irc Network Foundation

“The board of directors has given the executive committee interim authorities to act on behalf of the board between regular meetings of the corporation. The executive committee consists of the board officers (chair, vice chair, treasurer, and secretary) and the chairperson of each standing committee.”

“The audit/finance committee reviews and approves the 990. It is presented to the full board for review before filing with the irs.”

“The board of directors and employees are required to complete the conflict of interest disclosure annually. Disclosures are reviewed by the executive director, the finance/compliance manager, and the secretary of the board. Any conflicts or potential conflicts are discussed with the board or board committee, as appropriate, and action may be taken. Depending upon the nature of the conflict, the board may take actions to include requiring the board member with a conflict to refrain from participating in discussions surrounding the issue of conflict, to recuse him/herself from voting on issues in which there is a conflict, and/or imposing other actions up to and including dismissal from the board.”

“Compensation of the executive director was originally determined based on historical pay rates for the position with the initial salary confirmed by an independent human resources firm. The executive committee of the board of directors takes up human resource issues, to include review of personnel policies and compensation budgets. The executive director's performance and salary are reviewed annually by the executive committee. The committee has access to a national salary survey report that includes data from approximately 36 other mep centers and access to salary data from just pa. This review and approval process is documented.”

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