Career Guidance Institute

“Form 990, part vi, line 2: career guidance institute (cgi) board of directors is comprised primarily of ceo's of various businesses in the greater albuquerque new mexico area. Due to the size of the cgi board of directors, there are board members who may have business transactions with other board members in the ordinary course of their own businesses. Cgi has a written conflict of interest policy that all board members receive. If a situation arises where there might be a conflict related to a cgi transaction, the affected board member recuses themselves from both the discussion and vote on that matter.”

“Current tax return is made available to the board electronically for their review. The executive commitee reviews in detail with cpa and approves for filing.”

“The career guidance institute (cgi) board of directors is comprised primarily of ceo's of various businesses in the greater albuquerque new mexico area. Due to the large size of the cgi board of directors, there are board members who may have business transactions with other board members in the ordinary course of their own businesses, or occasionally with cgi itself. To ensure conflicts of interest do not arise, cgi has a written conflict of interest policy that applies to all board members and officers. The process that cgi uses to regularly and consistently monitor and enforce compliance with this policy are as follows: the cgi written conflict of interest policy is provided to each board member upon accepting a position on the cgi board of directors at their initial board member orientation meeting. At the orientation meeting, the policy is reviewed in detail with each new board member. At the cgi annual board of directors meeting each year, the board reviews the conflict of interest policy, and each board member is again provided with a copy of the conflict of interest policy. For board members that did not attend the annual board meeting, a copy of the conflict of interest policy is provided to them with a copy of the annual board of director meeting minutes.”

“All compensation for organization's president, terri l. Cole, is paid for by the greater albuquerque chamber of commerce as disclosed in their form 990, tin 85-0018940. The hours spent by the organization's president is split. She spends 40 hours on activities for greater albuquerque chamber of commerce and 20 hours on activities for career guidance institute each week.”

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

“The process has not changed from prior year.”