Houston Ballet Guild Inc

“The governing board delegates its authority to act to the executive committee, which has broad authority to act on behalf of the governing board. The executive committee consists of seven officers (president, president-elect, vice president for membership, treasurer, recording secretary, corresponding secretary and parliamentarian) of which only the president and treasurer are members of the governing board.”

“The following houston ballet guild, inc. Trustees or officers have a relationship with another trustee or officer of the houston ballet guild, inc. Brenda clem/richard clem-family relationship”

“The governing board delegates its authority to act to the executive committee, which has broad authority to act on behalf of the governing board. The executive committee consists of seven officers (president, president-elect, vice president for membership, treasurer, recording secretary, corresponding secretary and parliamentarian) of which only the president and treasurer are members of the governing board.”

“The houston ballet guild, inc. Is an organization with members.”

“The members are entitled to vote on matters submitted to a vote of the general membership, such as the election of the executive committee, two of whom (president and treasurer) sit on the governing board.”

“The governing board and the executive committee were provided electronic copies of the prepared form 990 prior to its filing. The executive committee reviewed the prepared form 990 during a monthly meeting.”

“The governing board, executive committee and committee chairman are required to complete a disclosure statement annually. The disclosure obligation is continuing, and the governing board, executive committee and committee chairman are required to update their respective disclosure if a conflict or the appearance of a conflict arises prior to the next reporting period. Disclosures (and subsequent disclosures) are reviewed and, if potential conflicts are present, the interested party shall leave the board or committee meeting while a determination of the conflict of interest is discussed and voted upon.”

“No compensation is made to any officer, director, trustee, or key employee, so no process for determining compensation for those persons is necessary.”

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

“Fundraising activities and programs to aid in the financial support of houston ballet foundation and to educate and generate interest in dance.”

“The houston ballet guild, inc's financial statements are audited as part of a combined annual audit with the houston ballet foundation. As a result, the houston ballet foundation has an audit committee that assumes the responsibility for oversight of the audit of the financial statements and selection of an independent accountant.”