Association for the Preservation of The

“Any person in the general public may purchase a membership.”

“Persons on the board of directors may be elected by the membership at the annual meeting or vacancies may be filled by the board of directors.”

“Members have the authority to approve bylaw changes of the organization.”

“The organization's policy of financial duties of the executive director, treasurer, audit & finance committee, and board of directors authorizes and directs the organization's audit & finance committee to oversee the work of the auditor, review the 990 before filing with the irs, and present audited financial statements to the board of directors. In accordance with this policy this form 990 was reviewed and approved by the organization's audit & finance committee and made available to the board of directors before filing with the irs.”

“Each board and staff member is required to sign an acknowledgement that they have read and understand the policy, and they will comply with it. At each meeting of the board of directors, there is a formal place on the agenda where board members and executive director are asked if they have any conflict or potential conflicts of interest to disclose. The minutes of the board meeting reflect whether any conflicts or potential conflicts were reported. The individual with the conflict or potential conflict is requested to leave the meeting while the remaining board members discuss and make a decision about whether the conflict or potential conflict exists. The minutes of the board meeting reflect the decision and how such matters were addressed if applicable.”

“The executive director's compensation is reviewed by the personnel committee annually, which makes a report to the board of directors. Information is gathered from other nc non-profit land trusts about comparable executive director salaries. Increased compensation not already in the organization's adopted budget, including raises and bonuses, must be approved by the board of directors. Other than the executive director, there are no other employees with substantial authority.”

“The organization makes its governing documents, policies, and financial statements available upon request.”