The Piedmont Environmental Council

“Related party information among officers mark ohrstrom george ohrstrom ii director director brothers”

“Pec's process to review form 990 - the form 990 is prepared by staff, management, or an independent cpa, and reviewed by pec's president and pec's finance and rmac committee. It is then reviewed by the executive committee and finally made available to the board for their input.”

“Enforcement of conflict of interest policy - new board members attend a full day orientation where they are familiarized with pec's operations, policies and procedures, including the conflict of interest policy. Also, during the recruitment of board members, each candidate is carefully vetted for potential conflicts. These and other policies are periodically reviewed at board meetings and annually, in connection with a request to board members that they review the audit, auditors' reports and form 990 return. Finally, officers, directors and key employees are required to disclose, on an annual basis, any interest that could give rise to a conflict. Any potential conflicts are reviewed by pec's president and executive committee and, where appropriate, discussed with the board.”

“Form 990, part vi, line 15a - compensation process for top official: the compensation of the president and other officers/ key employees is determined by the board's executive committee and approved by the board as part of the budgeting process. The committee reviews salary surveys focusing on non-profits and land conservation organizations, and appropriate form 990s, in order to determine appropriate salary levels. Form 990, part vi, line 15b -compensation process for officers: the compensation for key employees is the same as that for top officials.”

“Governing documents, etc. Disclosure explanation - the public, upon request, will be provided copies of pec's financial documents. The annual report, which is mailed to all donors and others on request, contains an abbreviated financial statement and invites all readers to contact pec's accounting office for any documents or financial reports that are discussed in the form 990. Audited financial statements and the irs form 990 are also available on pec's website.”

“Pec has not changed either its oversight or selection process of an independent accountant during the tax year.”