Naturebridge

“The bylaws were amended to reflect the following changes: - set the number of directors to 19 as a minimum - elections - raise the number of votes from two thirds (2/3), to three fourths (3/4) of all directors, for: 1. Election of officers requires an affirmative vote of no fewer than two thirds (2/3) of all directors 2. Election of directors requires an affirmative vote of no fewer than three fourths (3/4) of all directors 3. Removal of directors 4. Acts of the board-in cases where a quorum has been established, but where one or more directors leave the meeting, the same number of votes is required as was established at the outset, that is 3/4 of those originally present”

“The audit committee reviewed the federal form 990 when drafted and the final version was provided to all board members for their review prior to filing.”

“Naturebridge has a written conflict of interest policy that all board members and employees must read when they join the organization. The policy is reviewed by the board and management on a regular basis. When management gains knowledge about a potential conflict of interest, the issue is investigated and addressed at the appropriate level. If there is a potential conflict of interest at the board level, the affected member or members excuse themselves from voting or otherwise influencing the decision.”

“The board performs an annual assessment of the ceo's performance and the ceo performs an annual assessment of the cfo. Input for the performance reviews includes feedback from the both the board and staff of the organization. Once the review are completed, the board reviews comparable salary data for both positions and documents their decision for salary increases. Salary increases for both the ceo and cfo are memorialized through a change status form signed by the board chair (for the ceo), ceo (for the cfo) and the human resources director. All other salaries are approved by the board through its approval of the annual budget.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of time set forth in sec. 6104(d).”

“Naturebridge maintains a volunteer tracking spreadsheet. Volunteers primarily include members of the national board and each local board. Other individuals who participate in the organization's fundraising events are also included in the list of volunteers.”

“Loss on uncollectible pledge -46,883.”