Nebraska Chiropractic Physicians Association

“The board may, by resolution or resolutions passed by a majority of the directors then in office, appoint an executive committee and one or more other committees, each committee to consist of directors of the corporation or their designates, which committees shall have and may exercise such powers of the board in the management of the business and affairs of the corporation as shall be delegated to them to the extent permitted by the bylaws, the articles, and the act.”

“The membership of the corporation shall consist of those persons and institutions who have made an annual contribution in cash or in real or personal property to the corporation for use in carrying out its purposes.”

“Each member is entitled to one vote in electing the board of directors and officers.”

“The form 990 and related schedules will be prepared by an outside accounting firm. It will then be reviewed by the executive director and cfo before filing. A complete copy of the form 990 will be provided to the board of directors prior to filing the return.”

“Any director, officer, or employee of the ncpa who has a direct or indirect covered interest (each such person, an "interested person") must disclose the existence of any actual, potential, or perceived conflict of interest as soon as such interested person identifies that there may be a conflict of interest, and before the ncpa enters into the proposed transaction or arrangement that gives rise to the conflict of interest. The interested person must disclose all material facts relating to the potential conflict of interest to the board. After any discussion between the board and the interested person, the interested person shall leave the meeting of the board while the determination of a conflict of interest is discussed and voted upon. The board minutes shall contain all necessary information related to and discussed relating to the potential conflict of interest. Each director, officer, and employee shall annually disclose all conflicts of interest (even if previously disclosed) in writing.”

“The organization's executive director is compensated by secure care of nebraska, a related organization. However, the board does approve the salary of the executive director.”

“The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“Net earnings of subsidiary 1,784,477. Book/tax difference - k1 rental activity -62,136.”

“The board of directors assumes responsibility for the oversight of the audit of the financial statements and the selection of an independent accountant. This process has not changed from the prior year.”