Tabor College Inc.

“The principal standing committee of the board shall be the executive comnmittee. The executive committee shall consist of the elected officers of the board and such additional at-large members as may be elected by the board from time to time. The executive committee shall exercise the powers of the board between board meetings. This committee shall meet at the request of the chair of the board and make such policy decisions as necessary for effective operation of the school, leaving items of major importance for decision by the board.”

“The members of tabor college shall consist of the church congregations which are members of the central district conference, the southern district conference, the latin american district conference and the eastern district conference of mennonite brethren churches, and each individual member of the board of directors.”

“A majority of the members of the board shall be elected by the four district conferences. The board shall be constituted as follows: i. Eight (8) members shall be elected from the membership of the southern district conference by the convention of the southern district conference; ii. Five (5) members shall be elected from the membership of the central district conference by the convention of the central district conference; iii. One (1) member shall be elected from the membership of the latin american district conference by the convention of the latin american district conference; iv. One (1) members shall be elected from the membership of the eastern district conference by the convention of the eastern district conference; v. The district ministers of both the central district conference and the southern district conference shall be ex officio members; vi. Up to twelve (12) members may be appointed by the board at its sole discretion.”

“The bylaws and articles of incorporation of the corporation may be revised or amended by either of the following methods: (a) by submitting the proposed revision or amendment to the four district conferences for consideration. A proposed revision or amendment will be deemed to be adopted by the membership of the corporation if approved by all four district conferences. In the event a proposed revision or amendment is not unanimously approved, it may be resubmitted to the district conferences at a future time or presented to a special meeting of the corporation as described in paragraph (b) of this section. (b) by a majority vote of the voting representatives and individual members of the corporation present at a special meeting of the corporation called pursuant to article ii, section 2(c) of these bylaws.”

“Vp for business and finance, reviews copy of form 990 prepared by paid preparer. Form 990 is also reviewed by the finance committee which is a sub-commmittee of the full board prior to submission.”

“All board directors and officers of the board of directors agree, that at such time as a matter comes before the board of directors in such a way as to give rise to a conflict of interest, that they shall make known the potential conflict of interest and all relevant and material facts concerning the matter that might reasonably be construed to be adverse tothe interests of the corporation. The board chairperson is responsible for monitoring compliance with the conflict of interest policy. The interested person further agrees that, after answering any questions that are asked with respect to the matter, they will withdraw from the meeting for so long as the matter shall continue under discussion and that, if the matter is brought to a vote, he or she shall not vote on it. They agree not to influence or seek to influence any matters, decisions, or votes coming before the board of directors where a conflict of interest exists or appears to exist. They understand that a willful violation of the corporation's ethics policy may result in a request for his or her resignation from the board of directors or as an officer of the corporation.”

“The Board of Directors determine compensation increases based on the review of industry data and statics and the limitations of the budget. The desire is for a greater compensation than the budget can currently bear. Annual adjustments will be based on the availability of resources in the budget. The Board annually reviews compensation of the President as compared to similar organizations. The compensation for the other officers is reviewed by the President. Tabor participates in a survey with the Kansas Independent College Association, which provides comparative data from surveys that are completed each year and distributed to participating schools. The deliberation and decision was made during in person conversations at the Board meeting. The decisions are communicated to the CFO in writing. This process was last completed in 2023.”

“Compensation is compared to data provided by aggregated data comparative for private institutions in Kansas to ensure equitable compensation.”

“This information is not typically available to the public. Tabor college makes its financial statements available upon request.”

“OTHER REVENUE - Total Revenue: 256876, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 256876;”