Abilities Network Inc.

“The executive committee shall have and may exercise all authority of the board of directors in intervals between meetings of the board. All proceedings of the executive committee shall be subject to revision or alteration by the board of directors, providing no irrevocable rights of third parties shall be affected by such revision or alteration. The executive committee is a standing community of the board of directors. Membership -the executive committee shall be composed of a minimum of.”

“Abilities network's full board of directors delegates authority to their executive committee, comprised of the board president, past president, president-elect, secretary, treasurer and an at-large member. All executive committee members are on the board of directors.”

“A copy of the form 990 was provided to management prior to its filing with the irs.”

“Board members, staff, volunteers, and committee members of abilities network should act in the best interest of the agency in support of its mission and will maintain the highest ethical standards in the conduct of agency affairs. Each employee, volunteer, and member of the board of directors will conduct abilities network business with integrity and comply with all applicable laws in a manner that excludes considerations of personal advantage or financial gain. Conflicts of interest can occur when someone involved with abilities network has the opportunity to benefit from decisions made or practices carried out as a result of their association with the agency. This policy is meant to prevent an actual, potential or perceived conflict of interest. Any individual associated with the agency must disclose any known financial interest which they have or which anyone in their immediate family may have in any business, which has a relationship with abilities network. This relationship may only occur if the goods or services are obtained, at most, for fair market value determined by securing a minimum of three bids for the same quality and quantity of goods or services. Furthermore, the decision to enter into or retain such a relationship must be made by disinterested decision makers of the agency. No one connected with abilities network may get preferential treatment through the association with the organization. Everyone must receive equitable access to abilities network for services, employment, etc. For this reason, decisions made regarding admission to services, employment or entering into any other agency relationship are made by more than one individual.”

“The process for determining compensation starts with the organization receiving national surveys with salaries for various positions from comparable sized organizations. From there, the organization reviews all compensation amounts for all employees and tries to establish revised salaries that are on average, 50% of the national average. The executive director's salary is determined by the executive board after comparing current salary to national average and making adjustments. In 2022, our board compensation committee enlisted the support of hr compensation consultants from capital services, inc. These consultants reviewed compensation data from other organizations and 990. The board compensation committee determined ceo's contract renewal and salary for 2022, this was approved by the executive committee and full board of directors.”

“The organization makes its governing documents, conflict of interest policy, and finanical statements available to the public by providing them upon request to individuals who request the information.”

“Due to timing, the audit for the fiscal year ended june 30, 2023, has not yet been performed; however, it is expected to commence in the near future.”