Better Business Bureau of Alaska Oregon and Western Washington

“An executive committee, comprised of members of the board, advises the President/CEO on organizational matters.”

“New by-laws were adopted on september 17th, 2015. Notable chages are as follows: 1) eliminate the maximum number of terms a member of the board of directors can serve 2) alter the format of the elections for board members”

“Membership is comprised of businesses that meet BBB standards for trust. Members are referred to as Accredited Businesses.”

“Certain members have the right to elect the Board.”

“A copy of the proposed filing along with our annual audit will be e-mailed to the board for their review, and discussion will be had if necessary.”

“Annual disclosures are signed and reviewed at the fourth quarter board meeting. When disclosure of a conflict is made by an employee or officer, the board reviews the conflict to determine if the association/relationship is incompatible with the mission of the organization or if it adversely affects the organization. If so, it is determined whether the conflict can be avoided by restricting the duties of said employee or officer such as non-participation in any reports, reviews or actions pertaining to the disclosed conflict.”

“The ceo's compensation is determined and reviewed annually by a compensation committee comprised of members of the board of directors. The committee reviews performance relative to current comparability data. The current compensation was set in 2013 and is reviewed yearly. Members of the executive team (vice presidents and directors) receive annual performance reviews by the ceo/president at the end of each calendar year. Most recent reviews took place in december 2015.”

“We do not currently have these available.”

“The financial statements have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States. This basis differs from accounting principles generally accepted in the United States primarily in that the Bureau recognizes revenue when cash is received and expenses are recognized when cash is paid, with the following exceptions: -Property and equipment are capitalized when acquired, and -Investment activity is recognized when investments are purchased and sold. Also, investments are reported at fair value.”