Virgin River Land Preservation

“The organization has members. Membership is granted for one year following a membership contribution.”

“Per the organization's bylaws, at the annual meeting of members, the members shall elect persons to fill one-half of the vacancies on the board of trustees which come up for election in any year.”

“The projects director assists the accountant in the preparation of form 990. The board of trustees reviews drafts of the form as it is being prepared, including at least one review in a regular board meeting. The board reviews and votes to approve the final draft of form 990 before it is submitted.”

“Each trustee and officer is required annually to read the conflict of interest policy and sign acknowledgment. Though the policy requires covered persons to declare conflicts, the agenda of meetings includes an agenda item for trustees and officers to declare any foreseen conflicts of interest at the start of the meeting.”

“Currently, the organization does not have paid management and none of the officers or trustees are compensated. If the board decides to compensate the project director or any other officers, the board will review recent reports prepared by the land trust alliance on management compensation to ensure that compensation is comparable to similar-sized organizations and positions with similar responsibilities.”

“The organization provides links to its governing documents, conflict of interest policy, annual report, and annual financial statements-including form 990-on its website. A copy of form 990 is also provided to the better business bureau of utah and to guidestar for review and publication. Year end financial information is provided in the annual report which is handed out to members at the annual member's meeting. Governing documents, policies, and financial statements are also available upon request.”