Erica'S House Inc

“There shall be a Board of Directors composed of not less than three (3) nor more than seven (7) directors elected from this Corporations members who are entitled to vote at all meetings of this Corporation. Subject to the limitation of the Articles of Incorporation, of the Bylaws and the laws of the Territory of Guam as to action to be authorized or approved by the members, the affairs of this Corporation shall be managed by a Board of Directors. It shall have administrative control over the affairs, funds, and property of the club, except for any action modifying action taken by the club. It shall authorize payments from club funds within the budget, act upon resignations, terminations and disciplinary matters; receive reports of committees as may be necessary between business meetings of the club, submitting policy recommendations to the club, and perform such other duties as the club, region, federation or bylaws may require. Directors must be duly admitted members of this Corporation who are entitled to vote. A majority of directors shall constitute a quorum.”

“Form 990 is prepared by an independent CPA and reviewed by the Ericas House,Inc. Board of Directors.”

“Every new board member must sign the conflict of interest statement. No board member may vote on matters that may be beneficial or that may benefit another organization that the board member is affiliated with. Board members are reminded of the conflict of interest policy if there is any question or concern.”

“The corporations financial statements is published annually in a newspaper of general circulation.”