Bo'S Place

“Effective July 1, 2015, the make-up of the Executive Committee will include: President, President-Elect, Treasurer, Secretary, Chairs of the Development, Outreach and Program Committees.”

“Bo's Place updated and amended its Bylaws in June 2014. There was a general language cleanup for consistency and compliance with the Texas Business Organization's Code. A Membership Emeritus Class was added to the Board of Directors. Board vacancies are to be filled by a majority of those remaining on the board. The Vice President position was eliminated. Officers elected to fill a vacancy will serve for the remainder of an unexpired term. Committees shall operate until the earlier of the conclusion of their business or the end of the fiscal year. The make-up of the Executive Committee was changed to include: President, President-Elect, Treasurer, Secretary, Chairs of the Development, Outreach and Program Committees, effective July 1, 2015. Eliminated the Audit, Building, Personnel and Investment Committees. The Audit Committee and Investment Committee responsibilities were added to the responsibilities of the Finance Committee. The Building Committee and Personnel Committee duties were added to the responsibilities of the Executive Committee. Added the responsibility of bringing a formal recommendation for Membership Emeritus candidate to the responsibilities of the Board. Chairs of Committees are selected by the President of the Board. Added Program and Outreach Committees to the Standing Committees. Modified check signing authority. Added that Advisory Board Members and Emeritus Members are prohibited from obtaining loans. The non-discrimination language was also updated.”

“The organization's Finance Committee reviews the Form 990 after the paid preparer completes the initial draft of the return. After review of the return, the Finance Committee presents the Form 990 to the board of directors for approval prior to filing with the IRS.”

“Each year, each board member is given the conflict of interest policy and asked to read and sign it. Any conflicts are noted on the same form. If any conflicts are noted, then the conflict would be brought up to the board officers to resolve.”

“The Executive Committee is responsible for compensation of the Executive Director. Recommended salary adjustments are approved by the Finance Committee as part of the budget process and reviewed prior to consideration by the board of directors to ensure adequate funding. Salary adjustments are based upon comparable salaries of Executive Directors of similarly sized organizations in a large metropolitan area. This process is used on an annual basis, the last time being May/June 2014.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”