Native Governance Center

“There are currently 5 committees: governance, audit and finance, executive, and development/fundraising. They have various levels of authorities, all spelled out in their charters.”

“The form 990 is prepared by the outside accounting firm using information provided by management. The form 990 is then reviewed in detail by management and comments incorporated. The form 990 is then presented to the finance committee. The full board approves the form 990 either through meeting or action without meeting prior to being filed with the irs.”

“In connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her financial interest or fiduciary responsibility and all material facts to the executive director and/or directors and members of committees with board-delegated powers considering the proposed transaction or arrangements the executive director shall report to the board all potential conflicts of interest disclosed to the executive director. After disclosure of the financial interest or fiduciary responsibility and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the final determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a factual presentation at the board or committee meeting, but after such presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. An interested person shall not actively participate in the discussion of, or vote on, the transaction or arrangement that results i the conflict of interest, either formally at a board or committee meeting or informally through contact with individual board or committee members. In addition, the interested person should not be counted in determining whether a quorum is present for the board or committee meeting at which the transaction or arrangement that results in the conflict of interest is to be voted upon. Each staff, director, principal officer, and member of a committee with board-delegated powers shall annually sign a conflict of inters acknowledgement/disclosure form.”

“Ngc engaged a consultant during 2023 to do a full compensation study. The study resulted in a compensation policy and pay scale for each position and a framework for obtaining appropriate comparability data for future years analysis. The executive director's compensation is reviewed and approved annually by the board of directors using appropriate comparability data. All proceedings are recorded within meeting minutes.”

“Governing documents, conflict of interest policies, and financial statements are available upon request.”

“Benefits administration fees: management and general expenses 2,327. Total expenses 2,327. Contracted services: program service expenses 383,564. Management and general expenses 25,000. Fundraising expenses 131. Total expenses 408,695. Program management: program service expenses 96,000. Total expenses 96,000.”