Cglr Foundation

“Council of the Great Lakes Region, an Ohio-based, 501c6 trade association.”

“Council of the Great Lakes Region, an Ohio-based, 501c6 trade association.”

“The initial member of the Foundation may designate one or more individuals, nonprofit corporations, business corporations, limited liability companies or partnerships as additional members. If the initial member ceases to be a member, a majority of the members may designate one or more individuals, nonprofit corporations, business corporations, limited liability companies or partnerships as additional members. Special meetings of members shall be called upon the written request of the chair, any vice chair, any two directors, or by twenty-five person of the members of the Corporation, and shall be held at such times and places as may be specified in such call. Calls for such meetings shall specify the purpose thereof. No business other than that specified in the call shall be considered at any special meeting.”

“The governing body has not established committees of the board of directors.”

“The document was reviewed by the board of directors, and the sole member of the organization, the Council of the Great Lakes Region, prior to its submission.”

“Conflicts of interest are to be declared at the start of each board meeting and/or before Written Actions are completed.”

“Pay and benefits were determined by an independent human resources contractor, Your Other Half LLP, and approved by the organization.”

“Documents are made available upon written request to the President and CEO of the organization.”

“Miscellaneous Revenue: Reimbursement from payroll provider due to overpayment”

“The sustainability of the region's economic systems and sectors has never been in sharper focus for consumers, government decision-makers, and environmental NGOs. The CGLR Foundation's Business and Sustainability Program is convening industry stakeholders and building business support for a healthy Great Lakes ecosystem and regional economy by providing a platform that enables trusting relationships to be formed, knowledge and experience to be shared, and collaborative solutions and actions to be fostered. Under the program umbrella, the CGLR Foundation develops and implements issue-specific dialogues and programs to inform the socioeconomic and environmental strategies, policies, and solutions that will strengthen the region's sustainability and competitiveness, from creating a creating a circular economy and water stewardship, to decarbonizing the regional economy.”

“Contractor expense relates to third party providing services to the CGLR Foundation for the Circular Great Lakes initiative.”

“1. Reduced payroll liability (employee tax portion) to match actual owing and paid by $2,272.62 for 2020-21; increased retained earnings. 2. Recategorized $22,040.41 to account for change in bookkeeping Chart of Accounts (separate COA made for net wages, health plan deductions, and employee payroll wages); required reduction in retained earnings to accomplish reallocation.”

“As a relatively new and growing organization, changing to accrual accounting helps the organization better align its activities to the fiscal year in which the activities occur which helps in decision making, planning and budgeting purposes. It also provides better tracking of the income and expenses for specific projects.”