Western Rivers Conservancy

“On january 27, 2023, the board of directors voted and approved to amended the bylaws of the corporation by replacing the existing section 3.2 with the following: 3.2 number, tenure and qualification. The board shall consist of no less than three (3) and no more than twenty-five (25) directors with the specific number of directors set by resolution of the board from time to time. The number of directors may be changed from time to time by amendment to these bylaws, but no decrease in the number of directors shall shorten the term of any incumbent director, nor shall the number of directors be changed to a number less than three. All directors shall serve for a term of three years. Except as specifically provided in these bylaws, no director may serve more than three (3) consecutive terms and then shall be ineligible to serve as a director for one (1) year following, with this exception: the requirement of a one-year break after three consecutive terms is waived for all current board members as of january 27, 2023 and may be waived at any time for any future board members by a majority vote of the board at the time of such waiver consideration. Provided, however, that the president of the corporation shall serve as a non-voting member of the board of directors ex-officio without regard to limits on terms set forth herein.”

“The form 990 is prepared by an independent cpa firm and reviewed by management. A copy is provided to the board of directors electronically for their review prior to its filing.”

“Board members and staff are required to disclose potential conflicts of interest on an annual basis. Each board and staff member is made aware of the policy and his or her duty to disclose potential conflicts of interest that might arise to ensure that they are addressed in a timely manner.”

“Wrc's board formed a compensation committee to consider the president's compensation and make a recommendation to the full board. The committee's deliberation included comparability data provided by an outside hr firm. The committee voted on a compensation range to recommend to the full board, which in turn voted to approve a specific amount.”

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

“Change in equity of beneficial interest in western rivers forestry -2,053,218. Cumulative effect from the adoption of fasb asu 2016-02 -14,465.”