Delta Kappa Gamma Society

“The Treasurer prepares the Form 990 and reviews with the Executive Secretary, President, and/or the Finance Committee. Since all data for the Form 990 is drawn from the detailes Report of the Treasurer, which is presented to the Executive Board, in effect all members of the Executive Board have had an opportunity to review the Report. If there are questions, these will be referred to knowledgeable members of the Executive Board. If after submission, questions arise that call for amendment to the Form 990, this will be done promptly. A copy of Form 990 is sent to the Finance Director of The Delta Kappa Gamma Society International.”

“Compensation levels for all compensated members are part of the budget preparation and approval process which is reviewed, discussed and amended prior to approval by the Executive Board. The Finance Committee has Honoraria Scale for paid staff based on approximately 3% increase biennially with amounts rounded to the nearest $50 increment”

“Compensation levels for all compensated members are part of the budget preparation and approval process which is reviewed, discussed and amended prior to approval by the Executive Board. The Finance Committee has Honoraria Scale for paid staff based on approximately 3% increase biennially with amounts rounded to the nearest $50 increment”

“The VIRGINIA STATE governing documents include its coporate charter granted by the VA State Corporation Commission available to the general public upon request. The Virginia State governing documents consisting primarily of its bylaws and standing rules are available generally to all members on the state website and to the public upon request. Printed copies are given to members of the Executive Board, Committee Chairman, Chapter Presidents, and members of the staff. The bylaws and standing rules are in harmony with the International Constitution for the organization.”

“Upon request received, the Governing Documents will be made available for review by an interested party and copies will be furnished upon payment of a reasonable charge for copying.”

“Explantion of other expenses (Part IX, line 24e)Money received previous year from sale of Headquarters was transferred to various state funds with 20% to be used and 80% to be invested. Thus Revenue and Expenses are higher resulting from this. In process $175,000 was considered as both revenue with movement to a different fund and then as an expense when invested.”

“Changes in net assets or fund balances (Part XI, line9)-Declining membership resulting in decrease in dues revenue-COVID 19 Pandemic resulted in cancellation of major conferences with costs involved. Attendance at conferences still affected.”