Oelc at Kennedy Qalicb

“The board of directors shall have full power to constitute such committees as it deems necessary or desirable to advise or assist in the transaction of business of the corporation. Each committee shall have only the authority and responsibility which is expressly delegated to it by the board of directors at the time the committee is organized or from time to time thereafter.”

“The form 990 is prepared by the organization's public accounting firm. A draft of the form 990 is reviewed and presented to the board of directors prior to filing the return.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: 1) has received a copy of the conflict of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy, and 4) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing body delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“Documents, policies, and financial statements are available to the public upon request.”

“The board of directors for educare of omaha, inc., the supported organization, assumes responsiblity for choosing an independent accountant and is also responsible for the oversight of the audit. This process has not changed from the prior year.”