Regional Opportunity Initiatives Inc.

“Tina peterson and dan peterson - family relationship”

“A complete copy of the form 990 is provided to the entire board for their review and approval prior to filing.”

“The organization maintains a conflict of interest policy. All candidates for membership on a board or committee are advised of this policy prior to assuming their responsibilities as members. This policy is distributed periodically to boards, committees, and other volunteers, and provided to staff when hired. It covers each member of the board of directors and its committees, including community advisors. Each member will complete the conflict of interest declaration form, annually disclosing their involvements with other organizations, with vendors, or with any other associations that might produce a conflict. The declaration form will indicate an individual's agreement to abide by this policy to the best of his or her ability. When such conflicts (or the appearance of conflicts) arise, members of the board and its committees disclose such potential conflicts and then take appropriate action. Such conflicts are reviewed at the board level since that is the level at which conflicts are considered and reported. Persons with conflicts of interest 1.) do not participate in related decisions and along with their immediate families are not eligible for personal assistance from foundation scholarship, grant or loan programs. 2.) are not eligible for assistance from any foundation fund. 3.) advisory members of awarding committees are not eligible for assistance from the scholarship, grant or loan program(s) which involve them in the evaluation of the application or in the awards selection process. 4.) persons covered by the policy may receive recognition. Recognition will be accompanied by a public disclaimer stating that the no monetary award is granted.”

“As authorized by the board of directors, the executive committee conducts the annual evaluation of the ceo, as well as setting the salary pool, and determines any compensation increases. This group has periodically been provided comparability data (including, but not limited to, data on community foundations from the council on foundations' salary and benefits survey). The board chair instructs the foundation's accountant on any compensation increases or bonuses on behalf of said committee, and such action is documented in personnel files. For other employees, the ceo conducts periodic reviews of all other staff positions and considers compensation increases annually. Comparable data is consulted (including, but not limited to, data on community foundations from the council on foundations' salary and benefits survey) and decisions are documented for implementation by the accountant as well as recorded in personnel files.”

“Tax returns, organizational documents, and audited financial statements are available to the public upon request from the office.”

“The procedures the audit committee takes annually did not change in the current year.”