Board Development Systems Inc

“During 2021, the organization updated their by-laws with the following significant changes: 1. The officers of the organization were changed to included the chair of the governance committee and the president & chief executive officer. 2. The new bylaws added the following duties to the chair of the governance committee position. A) advise the board about operational strategies including relevant amendments to the organizations bylaws to strengthen the organization and empower the board in meeting its obligations related to good governance principles and abide by the organizations mission. B) lead and facilitate periodic board self-assessments to ensure superior board performance and overall trust in effectiveness. C) evaluate the boards current composition and identify the current and future needs of the organization to ensure that the board has the necessary diversity, perspectives, experience, skills, maturity and judgment to effectively pursue their duties in planning and oversight. D) recruit, identify and interview candidates for potential board directors that meet the identified criteria for election to the board. E) make nominations to the board for qualified individuals as board directors. F) develop and conduct an orientation process for newly appointed board directors and provide ongoing board training and development. 3. The new bylaws added the following duties to the president & chief executive officer position. A) support, promote and strengthen the mission and vision of board development systems. B) execute and administer the policies, programs and plans approved by board development systems board of directors. C) provide staff leadership and personnel management. D) ensure sound fiscal management. E) lead strategic business development and revenue generation. F) ensure full grant and legal compliance with all applicable regulations and laws.”

“The form 990 is prepared by an outside cpa firm. The president & ceo review the return then provide the return to the finance committee for their review. Once the finance committee has reviewed the return, it is provided to the entire board for their review. Upon their approval, the return is prepared for signature and signed by the president of the organization prior to being filed with the irs.”

“The conflict of interest policy covers the board of directors. A compliance officer has been appointed by the board of directors to help monitor the conflict of interest policy. The directors are obligated to disclose any potential conflicts of interest and recuse themselves from decisions in which they may have a vested interest.”

“The compensation for the president is determined using outside data. It is voted on by the independent board members and documented in writing in the minutes.”

“No other officers are compensated by the filing organization.”

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

“Organization development 21,500 0 0 marketing & recruiting 5,940 0 0 referrals 3,375 0 0 content development 37,082 0 0 consulting 68,200 0 0 total 136,097 0 0”