The Arc of Howard County Inc

“The organization's members have the power to elect the member of the board of directors and retain the ability to alter or rescind actions of the board. All individual or family members in good standing have the right to vote and hold office.”

“At the yearly annual meeting, member set the number of directors and elect officers and directors.”

“Any action of the board of directors is subject to review by the voting membership on written request of 10 voting members. An action of the board of directors may be altered or rescinded by two-thirds of the votes cast, provided no rights of third parties are affected.”

“The finance committee will review the form 990 in detail and then the treasurer will present the form 990 in summary at the board meeting. All committee members and directors will receive a copy of the form 990 and the board of directors minutes will document the discussion.”

“Directors, staff and volunteers must disclose any situation where the opportunity for personal financial gain may occur or the situation may influence their decisions. All board members shall annually submit a written statement to the executive committee acknowledging a review of the conflict of interest policy and disclose any matter or relationship that the board member believes could constitute a conflict of interest. In the event of a matter before the board presenting a possible conflict of interest, board members shall disclose the possible conflict to the entire board, and shall abstain from any discussion or votes on matters pertaining to the area of possible conflict. Directors shall also abstain from any vote that may suggest favoritism or personal interest. Directors found to have violated this policy may be removed from the board of directors by a majority vote of disinterested directors. Staff and volunteers shall disclose the possible conflict to their supervisor/agency liaison. The supervisor/agency liaison will inform the program director and the executive director. Staff shall abide by decisions of his/her supervisor regarding assignments to avoid situations that suggest favoritism or personal interest. Volunteers shall refrain from situations that suggest favoritism or personal interest.”

“The executive director's salary was reviewed and compared to an outside salary survey report that was compiled by many of the area nonprofits as well as the 990s of similar organizations. The review was prepared and documented by the executive committee and reported to the president. This process was also done to determine the compensation for the chief financial officer and the associate executive director of services.”

“The governing documents, conflict of interest policy and financial statements are made available to the public upon request for the same period of disclosure as set forth in section 6104(d).”

“The organization's financial statements are audited annually by an independent public accountant. The board of directors assumes all responsibility for oversight of the annual audit. This process has not changed from the prior year.”