Center for Creative Land Recycling

“Tax returns are prepared by the outside cpa,reviewed by the finance director and then presented to the executive director and audit committee for review and presentation to the board of directors. The executive director then approves the tax returns for signature and submission.”

“Procedures for addressing possible conflicts of interest - a) an interested person may make a presentation at the governing board or committee meeting, but after the presentation, leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the possible conflict of interest. B) the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C) after exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D) if a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“Executive director's compensation subject to review and approval of organization's independent board of directors. Board takes into account the following factors when determining the appropriate compensation level: 1)comparison of proposed compensation level to level of executive directors (or comparable position) of comparable organizations within the geographic region of the organization's main office. 2)review of the executive director's recent job performance. The board designates a compensation committee, composed of one or more board members, to conduct the above review and forward findings and recommendations to the full board for deliberation and decision.”

“Applicable documents are available for review at the organization's office during normal business hours.”