Southeast Effective Development

“The executive committee consists of the elected officers of seed and the executive director as ex-officio member. The executive committee is the operations committee of the organization. The committee meets on a regular basis at an established time and place to: a) discuss policy issues and make recommendations to the board of directors as appropriate. B) prepare a written evaluation of the executive director in october of each year. C) submit policy recommendations in writing to the board, at least one week prior to the next scheduled board of directors meeting. D) conduct business in accordance with the policies of the board of directors. The executive committee has the authority to manage the organization in those matters that the board of directors has designated by resolution adopted by a majority of the directors then in office, except that the executive committee may not: 1. Amend, alter, or repeal the bylaws; 2. Elect, appoint or remove any committee member or board member; 3. Amend the articles of incorporation; 4. Adopt a plan of merger or a plan of consolidation; 5. Authorize the sale, lease or exchange of all or substantially all of the organization's property and assets other than in the ordinary course of business; 6. Authorize the voluntary dissolution of the organization; 7. Adopt a plan for the distribution of the organization's assets; or 8. Amend, alter or repeal any resolution of the board that by its terms provides that it cannot be amended, altered or repealed by a committee.”

“While committees have written agendas, they may not regularly keep meeting minutes. Committees make regular reports to the board through the board meeting packet and verbal discussions.”

“The form 990 was prepared by the organization's independent cpa with information provided by management. The executive director and director of finance review form 990 before it is filed with the irs.”

“Seed has a conflict of interest policy which applies to all employees, directors and officers. Employees are persons are required to review the policy in the employee handbook and self identify any conflicts as they emerge. Directors and officers are given the policy upon joining the board and self identify any conflicts as they emerge.”

“The executive committee prepares a written evaluation using market data as basis for comparison for the executive director and other directors during october every year and the evaluation is recorded in board minutes. The last year this process occurred was 2022.”

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

“Loss on acquisition of rainier court assoc. (courtland) ownership interests -639,013.”

“The process for oversight and selection of the independent accountant has not change from the prior year.”