Human Resource Certification Institute

“The institute had a management agreement with the society for human resource management (shrm). Shrm provided financial management, human resources, information technology and office space for the institute. This agreement ended in 2014.”

“The make-up of the membership of the board of directors was updated to include up to fifteen directors, including directors representing partner organizations through a reciprocal (or interlocking) board agreement.”

“The ceo of the society of human resource management (shrm) was still a member of the board during part of 2014. The hrci board shall also have an ex officio member elected by the shrm foundation.”

“The institute's federal form 990 is reviewed by the institute's chief executive officer and chief financial officer. Such review takes place upon receipt of the draft federal form 990 from the public accounting firm. The review involves comparison of financial data in the federal form 990 with the audited financial statements and the books and records of the institute and review of all narrative information for accuracy and completeness. Additionally, the treasurer of the board reviews a copy of the return for accuracy. Prior to filing the federal form 990 with the internal revenue service, a complete copy is provided to all voting members of the institute's board of directors.”

“The board of directors' conflict of interest policy provides the following procedures for addressing potential conflicts of interest that may require board of committee action: 1) the interested person must disclose all facts material to the conflict of interest and such disclosure must be reflected in the minutes of the meeting where such matter is being reviewed; 2) the interested person is prohibited from participation in discussions except to disclose material facts and respond to questions; 3) such person shall not attempt to exert his or her personal influence with respect to the matter either at or outside of the meeting; 4) such person may not be present to hear the board or committee discussions on the matter; 5) such interested person is precluded from voting on the matter and such person's presence may not be counted in determining the presence of a quorum for purposes of the vote at the meeting; 6) such person may not be present during the vote unless the vote is by secret ballot; and 7) such person's ineligibility to vote should be reflected in the minutes. Additionally, the institute employee code of conduct applies to all employees of the institute; and all employees receive a copy of the code of conduct and return an acknowledgement to the institute hr department that they understand and will comply with the code of conduct. Section iv(k) of the code of conduct sets forth the conflict of interest rules applicable to all employees. It is the institute's intent to avoid impropriety in all decisions and actions. The code of conduct requires employees to avoid transactions, activities and relationships which play personal interest in conflict with the institute's; not to use institute assets or the employee's position at the institute for personal use or gain; not to accept gifts from vendors unless with the gift guidelines. Employees are informed that actual or potential conflicts of interest may go beyond dealings with certificants, customers, vendors or suppliers. Conflicts may also involve dealings with managers, subordinates or other staff members. If a conflict or potential conflict arises, employees under the policy may consult with their supervisor, the chief executive officer or the hr department. In addition, all contracts over $5,000 are considered for review by the institute's outside legal counsel.”

“Compensation of the 10% highest paid employees at the institute is recommended by an independent compensation consultant through review of relevant comparability data. The recommendation is discussed and substantiated by the chief executive officer and the hr department. Compensation amounts are directly linked to the individual's performance.”

“The institute will make its governing documents, conflict of interest policy and audited financial statements available to the public upon request.”

“Other professional services: program service expenses 2,069,634. Management and general expenses 1,608,576. Fundraising expenses 0. Total expenses 3,678,210.”

“NO CHANGE”