Berkeley Student Cooperative (Fka Univ Students Cooperative Assn)

“Membership is open to students and University staff regardless of race, religion or political affiliation, upon payment of a life membership fee. There is only one class of membership. All members enjoy the same rights and privileges.”

“The Executive Director, Finance & Accounting Manager, and Vice President of Capital & Finance review the Form 990. The Form 990 then goes to the Capital & Finance Committee for further review and approval. Then the Board of Directors reviews the final tax return”

“The organization has a written Conflict of Interest policy which requires it to monitor conflicts of interest through a written disclosure questionnaire implemented annually in the spring. The questionnaire is completed by all employees, all Executive Officers, and all Board Members. The organization also trains staff, Board Members and Executives on the duty to disclose conflicts of interest as they arise throughout the year. The Executive Director in the first instance examines any disclosures by staff of potential conflicts of interest to determine whether an actual conflict exists. The cabinet examines any disclosures by the Board Members, Executives, and Senior Management. The Audit Committee is charged with making decisions concerning resolution of conflicts of interest involving Directors, Executive Officers, and Senior Management. The President is responsible for reviewing disclosures and resolving conflicts by the Chair of the Audit Committee. The Executive Director is responsible for resolving all conflicts of interests by the staff, subject to approval by the cabinet. Depending on who is responsible for the conflict of interest, an actual conflict of interest, and the restrictions it requires, may be resolved by the cabinet of Executive Officers or by the Audit Committee. The restrictions that may be imposed range from a change in scope of authority to termination, depending on the facts of the case.”

“The BSC annually compares salaries and benefits, including the Executive Director's, to those of comparable nonprofits in the bay area, using a nonprofit wage and benefits survey, called Fair Pay.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Many of the documents are available online at www.bsc.coop”

“The oversight process is performed by the Audit Committee which is responsible for the compilation of the financial statements review of the audited financial statements as well as the selection of an independent auditing firm.”