Thrive Peninsula Formerly Duco

“Directors reaching the six year maximum term of service shall not be eligible for re-appointment until at least one year after expiration of his or her most recent term of office a director may be removed at any time by a majority vote of the board at a duly called meeting. A director may resign at any time by giving written notice to the president or the executive director. Election of officers shall be held at the annual meeting of the board and the officers shall hold position until the next annual meeting or until their successors are duly elected. The president shall lead the executive team, the board of directors, and keep committee chairs accountable for their committee's progress. The president shall participate in the onboarding process of new board members and shall act as the liason with executive director for administrative matters. The treasurer shall oversee all financial matters of the organization to include custody of all funds, securities, and evidence of indebtedness, and other personal property of the organization. The treasurer shall provide regular financial updates to the board of directors. The secretary shall keep the minutes of all proceedings of the meetings of the board of directors. The funds of the organization shall be deposited in an fdic-insured bank, credit union, or trust company and the organization will maintain a money handling policy detailing procedures for properly executing checks, cash, payments, and withdrawals. The organization shall maintain a conflict of interest policy. Board members shall sign a disclosure agreement on an annual basis. The board of directors may appoint to the position of director emeritus by majority vote. Such person shall be entitled to receive notice of, and to attend all board meetings, but shall not be entitled to vote, and shall not be counted in determining a quorum of the board, and shall not have any of the duties or liability of a director under the law.”

“All members of the board do not recieve a copy of the form 990 before it is filed, but they are notified that copies are available upon request. The form 990 is reviewed and discussed by the executive board.”

“Along with a required annual statement, all transactions are monitored by the board treasurer and the executive director to ensure that the conflict of interest policy is upheld.”

“An annual review of employee compensation occurs at the november meeting of the governing board. The overall budget, the economy and cost of living are taken into consideration along with the employee's ability to perform the job responsibilities. Periodic research on compensation and education online and in the local market are performed.”

“See compensation for top official/key employee. No other members of the board are compensated.”

“Governing documents are made available upon request. The organization's website and informational brochures state that financial information is available upon request.”

“Volunteer services: information & referral/intake/receptionist duties; interviewers/financial mentors; pantry receipt & distribution; data entry; general office administration support and other supplementary roles. Members of the governing board are volunteers.”