Container Recycling Institute

“Officers and board members have business relationships where the companies they work for buy and sell to each other and in some cases operate a joint venture.”

“A term limit provision for board members was eliminated in 2015.”

“A copy of the 990 is provided to all board members for review before filing.”

“All transactions are reviewed by at least two of the following four people: chair of the board, treasurer, president and bookkeeper. In addition, at every board meeting, president reads a statement declaring that she is unaware of any conflict of interest and asking board members to disclose any that they are aware of.”

“The executive and finance committees review the president's compensation annually, in conjunction with the annual performance review. This part of the process is documented via e-mails among members of the two committees, in minutes of the finance committee, and shared with the rest of the board during board meetings and budget reviews. It is finalized in a letter to the president that is reviewed and approved by executive committee members. These annual reviews and any compensation changes are not reviewed or approved by any independent party. However, the executive director's compensation package (salary, bonus, pension, insurance) was discussed at length with, and met the approval of, an independent recruiter. The recommended compensation was based on the recruiter's research and knowledge of the field as well as the knowledge and experience of members of the executive committee.”

“Made available upon request from cri.”

“Professional contractors: program service expenses 40,370. Management and general expenses 15,749. Fundraising expenses 710. Total expenses 56,829. Consulting: program service expenses 0. Management and general expenses 10,209. Fundraising expenses 0. Total expenses 10,209.”

“The organization uses the modified cash basis of accounting to prepare the form 990.”

“No process changes from prior year.”