Louisiana Engineering Society

“The form 990 is distributed to the executive committee of the board for their review prior to its filing. The officers of the board comprise the executive committee and they are requested to confirm via email or in writing that they have reviewed the form 990.”

“Persons covered by this policy will annually disclose or update to the president of the board of direction on a form provided by les their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. For each interest disclosed to the president of the board of direction, the president will determine whether to: (a) take no action; (b) assure full disclosure to the board of direction and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within les; or (d) ask the person to resign from his or her position in les or, if the person refuses to resign, become subject to possible removal in accordance with les's removal procedures. Les's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the president of the board of direction in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”

“This policy on the process for determining compensation of louisiana engineering society applies to the compensation of the following persons employed by les: the organization's executive director the process includes all of these elements: (1) review and approval by the board of directors or compensation committee of the les; (2) use of data as to comparable compensation; and (3) contemporaneous documentation and record keeping. 1. Review and approval. The compensation of the person is reviewed and approved by the board of directors or compensation committee of the les, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2. Use of data as to comparable compensation. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3. Contemporaneous documentation and record keeping. There is contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation arrangement.”

“UPON REQUEST.”

“The organization is dedicated to the advancement of the engineering profession by pursuing an active leadership role through: (1) providing avenues for members to evaluate their skills, competencies, and ethics. (2) communicating that engineering work must be performed or supervised by a professional engineer. (3) public awareness activities. (4) services to the public and profession. (5) advocating registration of all engineers. (6) recognition of engineering achievements.”