Carmel Christkindlmarkt Inc

“Carmel christkindlmarkt is a supporting organization of the city of carmel, whereby board of directors are appointed at the sole discretion of the mayor of carmel and operates soley for the benefit and to carry out functions of the city of carmel.”

“Before filing, the form 990 was reviewed by the board chairman, executive director, and accounting team. A copy of the 990 was provided to all board members prior to filing”

“The board of directors are required to disclose any potential conflicts of interest. Additionally, a subcommittee, which may include directors or other individuals free of conflict of interest may be formed to review transactions that may raise the risk of "excess benefit". The procedure in place requires that: 1. Transactions are approved in advance by a decision-making body composed entirely of individuals who do not have conflicts of interest. 2. The decision-making body obtains and relies on appropriate data with which it may compare the transaction to ensure reasonable and fair market value. Relevant information with respect to compensation transactions include compensation paid by other organizations for functionally comparable positions, the availability of similar services within the geographical area, current compensation surveys performed by independent firms, and written offers from competing entities for similar services. 3. The decision making body will adequately document the basis for its determination. Adequate documentation must include the terms of the transaction approved, the date the transaction is approved, the members of the decision making body present during debate and who participated in voting, the comparability data obtained and relied upon and how it was obtained, and any action taken by anyone on the decision-making body who had a conflict of interest with respect to the transaction.”

“Carmel christkindlmarkt engaged in an independent analysis of compensation to determine the appropriate compensation packages to the executive team and all full time staff. The board reviewed the recommendations and provided the compensation based on thoes recommendations. Bonus were provided based on hitting specific organizational goals.”

“No documents available to the public”

“Carmel christkindlmarkt inc's mission is to benefit the community by conducting educational and cultural activities of germanic culture through lectures, storytelling, discussions, musical performances, cultural presentations and an annual christkindlmarkt festival.”

“Alchol support 26,500 0 0 management support 8,300 0 0 program support staff 573,123 0 0 it consulting 0 59,000 0 total 607,923 59,000 0”