Tfg Heartwood Inc

“Timber framers guild, inc. Is the sole member of tfg heartwood, inc.”

“Board members and officers may not be elected or removed without the approval of timber framers guild, inc.”

“Tfg heartwood, inc. Requires the approval of its sole member, timber framers guild, inc., for the following governance decisions: -election and removal of directors -election of the president -removal of officers -amendment of the articles of incorporation -amendment of the bylaws -merger, consolidation or dissolution of tfg heartwood, inc.”

“The form 990 is presented to the board of directors for review prior to filing.”

“Each board member, officer, key employee, highest compensated employee and any other person with substantial influence over the affairs of tfg heartwood, inc., shall annually sign a conflict of interest disclosure statement which affirms that such person: 1) has received a copy of the corporation's conflict of interest policy, 2) has read and understands the corporation's conflict of interest policy, 3) has agreed to comply with the corporation's conflict of interest policy, and 4) understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. If an interested person has a conflict of interest relating to any matter under consideration for a decision by the board, he or she shall abstain from any vote, discussion (except as the remaining board deems necessary for informational purposes), or any attempt to influence the decision of the board on that matter. The board may also require the interested person to be excused from a meeting while the matter is being deliberated and voted on. The disinterested members of the board or relevant board committee, as the case may be, shall review the conflicted transaction and determine whether the corporation can obtain, with reasonable efforts, a more advantageous transaction or arrangement that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement may not be obtained under circumstances that would not give rise to a conflict of interest, the disinterested members of the board or board committee, as the case may be, shall determine whether the conflicted transaction or arrangement is in the corporation's best interest and for its own benefit and whether the transaction is fair and reasonable to the corporation, and the disinterested members of the board or relevant board committee shall decide whether to enter into the transaction or arrangement in conformity with such determination.”

“Governing documents are made available to the public upon request.”

“Those board members who received compensation were paid such amounts for their services to the organization as educational instructors, rather than for their services as board members.”

“Instructor fees: program service expenses 104,649. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,649. Payroll processing fees: program service expenses 0. Management and general expenses 1,245. Fundraising expenses 0. Total expenses 1,245.”