Monroe Association for Retarded Citizens Inc

“The executive committee shall be comprised of all officers of the association, and the immediate past president. It shall be empowered to transact business between regular board meetings. All such business transacted by the executive committee shall be presented to the board of directors at the next regularly scheduled meeting of the directors for ratification.”

“Any person directly involved or interested in accomplishing the objectives of marc shall be eligible for membership. Membership shall be by application to the marc, and subject to such requirements as may be imposed by the board of directors.”

“A quorum shall consist of at least 15% of the membership for the transaction of business. Each member shall be entitled to one (1) vote, to be cast in person, on all matters to come before the meetings. Any proposal to come before a meeting of the members of marc shall be deemed to be adopted upon the affirmative vote of the majority of the members present and voting.”

“The executive director and the board treasurer review the form 990 before it is filed.”

“A marc board member, employee, or member shall not use his or her position, or the knowledge gained there from, in such a manner that a conflict between the interest of the organization or any of its affiliates and his or her professional interest arises. If a board member, employee, or agent has an interest in a proposed transaction with marc in the form of a personal and/or financial interest in the transaction or in any organization involved in the transaction, or holds a position as trustee, director, or officer in any such organization, he or she must make full disclosure of such interest before any discussion or negotiation of such transaction. Any board, employee, or committee member who is aware of potential conflict of interest with respect to any matter coming before the board. Officers or committee members shall not be present for any discussion of or vote in connection with the matter. If the marc board of directors, employees, and associates violate the conflict of interest or the board has reasonable cause to believe that a director, employee, or associate has failed to disclose actual or possible conflict of interest, it shall inform the director, employee, or associate of the basis for such belief and afford the director, employee, or associate an opportunity to explain the alleged failure to disclose. If after hearing their response of the director, employee, or associate and making further investigation as may be warranted in the circumstances, the board or director may ask the board, director, employee, or associate to resign. On an annual basis, board members, directors, employees, and associates will complete a conflict of interest statement. These completed statements will be reviewed by the executive board.”

“A personnel committee reviews, does comparisons of commensurate salaries from other nonprofits doing the same type of business in the state of florida as well as local nonprofits, and recommends the salary of the executive director. There are written minutes of the personnel committee meetings. The board of directors approves the personnel committee's recommendations.”

“The governing documents, conflict of interest policy, and financial statements are available upon request.”

“Change in beneficial interest held by others 2,942. Bad debt allowance -24,987.”