Cplc Action Fund

“The board of directors, from time to time, by resolution adopted by a majority of the entire board of directors, may designate from among its members an executive committee and such other committees, each consisting of two (2) or more directors, and vest such committees with such powers as the board of directors may include in its resolution; provided, however, that such committees shall serve at the pleasure of the board of directors and shall be restricted in their authority as follows. A committee shall not have the power or authority to: (a) amend, restate, alter or repeal the articles; (b) amend, alter or repeal these or any other bylaws of the corporation; (c) elect, appoint or remove any member of any such committee or any officer or director of the corporation; (d) adopt a plan of merger or consolidation with any other corporation or entity; (e) authorize the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the corporation; (f) authorize the voluntary dissolution of the corporation or revoke any proceedings for the voluntary dissolution of the corporation; (g) adopt any plan for the distribution of the assets of the corporation; (h) amend, alter or repeal any resolution of the board of directors which by its terms does not expressly provide that it may be amended, altered or repealed by such committee; or (i) take any other action prohibited by law. All committees of the board of directors shall keep regular minutes of their respective transactions and shall report their actions to the board of directors at the meeting of the board of directors next following such actions.”

“The board members have a business relationship through the employment of a related organization, chicanos por la causa inc.”

“The form 990 is prepared by accounting staff and cpa firm, then reviewed by the vp of finance, for accuracy and consistency. It is then given to the cfo for further review. Once the review is finished, the return will be presented to the board for approval prior to filing with the irs.”

“The conflict of interest requires an annual declaration by all board members and key staff. We adhere to the code of conduct guildlines in the omb a110 circular. All potential conflicts of interest are reviewed by the board of directors. Any board member who has a potential conflict of interest in a specific action of the board under consideration at a meeting is expected to excuse themselves from any influence on such action, request the minutes of the meeting, note their abstention and, where appropriate, leave the room during discusstion of the action. Since every situation and circumstance cannot be anticipanted or disclosed in advance, the organization relies upon the honesty and integrity of each individual to comply with this protocol.”

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

“Other professional fees: program service expenses 30,249. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,249. Consulting : program service expenses 99,990. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,990.”