Naifa - Florida Inc

“Members of the organization elect the organization's board of directors.”

“Changes to the bylaws that are approved by the association's board of directors must also be approved by the association's members.”

“The association's executive director reviews the form 990 before filing.”

“The board of directors annually reviews its written conflict of interest policy for staff and its officers and directors to make sure it is consistent with irs guidelines. In addition, it regularly monitors its staff, officers and directors' relationships, financial interest, or business affiliations which could result in a conflict of interest and makes a condition of employment or service on the board that staff, officers and directors declare any potential conflict of interest which may result from taking part in any discussion or decision making on an issue before the association while having business, professional, or personal interests which could bias their decisions. In addition each officer and director is required to annually review and sign their agreement with and understanding of the association's conflict of interest policy.”

“All salary increases are discretionary and subject to the association's overall financial health and budgetary matters. Salary increases will be made on the basis of the ceo's performance as measured against the job description, implementation of the association's strategic plan, staying within the budget, and achieving the goals of the association. Additionally, to ensure that compensation is reasonable for services rendered, comparability data with other associations of similar budget and size such as, but not limited to, asae's annual association compensation & benefit study will be reviewed. The ceo's performance will be reviewed semi-annually by the executive committee, any salary adjustments will be considered annually and the basis for any change will be documented by the executive committee.”

“Documents are made available to the public upon request.”

“The association has restated certain 2019 financial statement amounts to correctly report expenses for the year ended december 31, 2019. The following financial statement line items were affected by this correction: accounts payable; net assets without donor restrictions, undesignated; beginning of the year net assets; program expenses, education and professional development; and education and materials. The net effect was a decrease in net assets of 57,982.”