Young Men'S Christian Association

“Kathy teufel and karen fauer are sisters. Bobby lusk and trent lusk are father/son.”

“The organization's bylaws provide for voting members, who are previous directors or previous board chairs. Their responsibilities are to support and cooperate actively in achieving the mission and purposes of the organization, to contribute financially to the support of the organization in accordance with policies established by the voting members, and attend meetings of the voting members. These individuals have voting rights and have been included in the number of voting members shown on page 1.”

“The organization's voting members have the rights and powers to appoint additional voting members, select and appoint the board of directors and remove directors from the board as permitted by the bylaws.”

“The voting members' vote or consent is required for fundamental decisions relating to the charter, bylaws or the tennessee nonprofit corporation act.”

“The form 990 approval process is the same as the audited financial statement review process. The audit committee is presented a draft copy of the form 990 for detailed review and approval. A draft copy is also made available to all members of the board of directors for review and comment to the audit committee. Upon audit committee approval, the form 990 is presented to the chairman of the board of directors and president for final approval. Upon final approval, the form 990 is submitted to the chief financial officer for signature.”

“At each meeting of the board of directors and at each meeting of the executive committee of the board of directors, officers and directors attending the meeting are asked verbally to disclose any conflicts of interest. Any disclosure of a conflict of interest is noted in the minutes of the meeting. The directors are required to complete and sign an annual disclosure statement. Conflicting interest transactions are presented to and reviewed by qualified directors for authorization and approval in compliance with the bylaws. A qualified director handles any conflict that might arise according to the conflict of interest policy and the tennessee nonprofit corporation act.”

“Salary review for the cfo, coo or other top management officials is performed by the ceo and the ceo's salary review is performed by the compensation committee that reports to the board of directors. Compensation of other officers or key employees is determined by the key employee supervisor following the chain of command.”

“All governing documents, the conflict of interest policy,the form 990, and the financial statements are made available upon the public's request.”

“Unrealized gain on interest rate swap 5,315.”