Sacramento Zoological Society

“The executive committee of the board consist of the first vice president, second vice president, treasurer, secretary and past president, plus the board president and any additional members added by the board by majority vote. The board president shall be chair of the executive committee. The executive committee, unless limited by resolution of the board, and with the exception of certain limitations provided by the corporate bylaws, shall have and may exercise all authority of the board in the management of the business affairs of the society between meetings of the board. All actions of the executive committee except for personnel and legal matters allowed by law shall be reported to and ratified by the board at the next duly scheduled board meeting.”

“Prior to submission to the irs, the 990 is circulated for review by the finance committee and the executive committee of the board of trustees.”

“Each member of the board of directors has the following responsibilities and obligations: 1. Upon election to the board, read and sign a copy of the szs's conflict of interest and ethics policy. 2. Disclose to the board the existence of any conflict of interest. 3. Excuse himself (or herself) from board or committee discussions on any project or transaction with which the board member has a conflict of interest, unless requested by the board or committee to provide information on the issue. 4. Abstain from voting on any project or transaction with which the board member has a conflict of interest. 5. Respect and preserve confidential or proprietary szs information. 6. If requested by the board, take a temporary leave of absence from the board of directors until such time as the project or transaction in which the board member has a conflict of interest has been completed. A conflict of interest exists when: 1. Any director or close relative of a director (spouse, sibling, parent or child) has an interest in an issue, matter or transaction in which szs has an interest other than an interest arising solely out of passive investment provided that his or her interest does not exceed 5% of the equity or control of a business entity having an interest in the issue, matter or transaction; 2. When any director or close relative of a director acts as an agent, representative or spokesperson for any person, business, group or organization in order to influence szs on any issue, matter or transaction. A director has an interest for purposes of this policy if he or she: (a) is an agent for, employee of or partner with a person or organization with a goal of influencing a decision by szs or entering into a transaction to receive payment for services to szs; or (b) would experience a material economic gain or loss from a decision by szs on an issue, matter or transaction identifiably different from the economic gain or loss that would be experienced by a member of the general public or the holder of less than 5% of the equity in any business entity.”

“The ceo's compensation was set by the board, upon recommendation by the executive committee. The executive committee utilized a salary survey, prior director compensation and other comparative data to determine director compensation. Ceo performance and salary are evaluated annually. Last evaluated in 2021.”

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

“New zoo master plan & other professional fees: program service expenses 252,296. Management and general expenses 1,673,318. Fundraising expenses 90,642. Total expenses 2,016,256.”

“Change in value of charitable remainder trust assets 74,108. Refund/adjustment of prior year contributions -378,125.”

“Neither the process for oversight of the financial statement audit or the process for selection of an independent accountant has changed from the prior year.”