Austin Ymbl Sunshine Camps

“During the tax year, the organization amended its bylaws by: -clarifying that the board of directors, instead of young men's business league of austin (ymbl), shall determine the number of directors, and requiring a three-quarters vote of all directors for this process; -changing the term of services for each director from one year to two years; -clarifying that the nomination process for directors includes prior approval of the candidates from ymbl, require that at least 60% of the number of directors be members of ymbl, and require a three-quarters vote of all directors to approve nominations; -clarifying that vacancies shall be filled by three-quarters vote of the directors; -clarifying that the officers of the organization shall be the president, secretary, and treasurer, shall be elected by the board of directors, shall serve two year terms, and can be removed by three-quarters vote of all directors; -removing the immediate past president and president-elect positions from the executive committee; -clarifying that the president shall have the sole hiring decisions regarding the ceo, however, the executive committee excluding the president shall have veto authority regarding a ceo hiring decision; -modifying the bylaw amendment approval process from a majority of the officers present at the meeting to a three quarters vote of all directors.”

“The nomination process for directors require prior approval of the candidates from young men's business league and that at least 60% of the number of directors be members of young men's business league, and require a three-quarters vote of all directors to approve nominations.”

“A draft tax return is reviewed by the director of finance & operations, treasurer, and two members of the finance committee with the preparing cpa. The final tax return is given to the board prior to filing with the irs.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: - whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining - whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissable private benefit or in an excess benefit transaction.”

“Compensation of the chief executive officer is reviewed annually by the executive committee, as well as a self evaluation by the chief executive officer. The president makes a recommendation to the board for any salary increase, if applicable.”

“Governing documents and financial statements are made available to the public upon written request to the organization.”

“To engage & empower youth through overnight summer camp & leadership programs to youth in central texas, focusing on building an intentional community, rooted in compassion, that inspires campers to be wildly creative & enjoy nature.”