Winona Family YMCA Support Corporation

“The organization does not have any committees that have authority to act on behalf of the governing body.”

“The 990 is presented prior to submission to board for approval.”

“Each member of the board of directors as well as the chief executive officer, the accounting coordinator/controller, and all full time staff are covered by the conflict of interest policy. A conflict of interest is present when, in the judgment of the board of directors, an insider's stake in the transaction is such that it reduces the likelihood an insider's influence can be exercised impartially. The minutes to any meeting of the board pursuant to this policy shall contain: the name of each insider who disclosed or was otherwise determined to have an interest in a transaction, the nature of the interest, whether it was determined to constitute a conflict, any alternative options considered, the members of the board present, those who voted, the extent to which interested persons were excluded from deliberations, supporting data considered by the board, the result of the determination by the board, and any terms defined as a component of the vote. To ensure the organization operates in a manner consistent with its status as a nonprofit, the board shall authorize and oversee an annual review of the administration of this conflict of interest policy. This review should be completed in line with other governance activities and be recorded in the minutes of regular meetings of the organization.”

“The executive board of the winona family ymca reviews and approves the ceo's compensation annually. The executive board reviews guidelines provided by the national ymca for comparable compensation of other ymca's directors by comparable organization size. The process described here was last completed in 2024.”

“The governing documents of the organization are available for viewing upon request at the organizations business office during normal business hours.”