Hawaii Interscholastic Athletic Directors Association

“The organization provides a copy of the form 990 to the board of directors for approval before filing the return with the irs.”

“An interested person must disclose the existence of any actual, potential, or perceived conflict of interest to the board of directors or manager, if an employee or volunteer. After disclosure, the board of directors determines whether a conflict of interest exists by vote and the discussion and determination is documented. If a conflict of interest exists, the board will meet to discuss whether the transaction or arrangement is in the association's best interest; for its own benefit; and fair and reasonable. Based on their discussion, the board will decide whether to enter into the transaction or arrangement. Each director, officer, employee, and volunteer shall annually disclose all conflicts of interest in writing on the association's dislosure form in accordance with the policy and sign a statement that affirms that such person has received a copy of the policy, has read and understands the policy, has agreed to comply with the policy, has no conflict of interest to report or is reporting current conflicts of interest, and understands that the association is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.”

“The compensation for the executive director is determined by the board of directors. A periodic review is performed to determine that compensation arrangements and benefits are reasonable; based on competent survey information; and the result of arm's length bargaining. The organization does not have any officers or key employees that are compensated.”

“The organization makes its documents available for public inspection upon request.”

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