DI Rosa Preserve

“Two key changes were made to the bylaws: 1) the bylaws allow two co-presidents. 2) the term of office for a director is three years.”

“The executive or finance committee shall review and approve the irs form 990 prior to submission and the full board shall receive a copy of the irs form 990 within 30 days of its submission.”

“Each director, officer and employee shall be provided with and asked to review a copy of this policy and to acknowledge in writing that he or she has done so. Annually each director, officer and employee shall complete a disclosure form identifying any relationships, positions or circumstances in which s/he is involved that he or she believes could contribute to a conflict of interest.”

“The organization implemented the following compensation review policy on november 9, 2009. In compliance with internal revenue service guidelines for approval of senior management compensation, the board of directors of di rosa will follow the following review and approval guidelines. The executive committee of di rosa has general oversight of the organization's human resource plan. Specific duties include yearly evaluation of the executive director of the organization. A competent salary survey is used to benchmark compensation for the position utilizing the northern california wage and compensation survey for nonprofit organizations and/or other studies. The executive committee meets independently of the executive director to discuss his/her performance relative to the position description and goals set for the year. During these deliberations, the committee also considers input obtained from other board members, staff, professional advisors and other informed stakeholders from the community. Once a consensus is reached regarding performance, a similar discussion is held concerning compensation relative to annual performance, overall budget and objectives. The president of the board then meets with the executive director to discuss and document strengths, weaknesses and goals for the upcoming year. Compensation for the upcoming year is also discussed and documented, subject to approval by the full board as part of the annual budget.”

“Consistent with the requirements of section 6104(0) of the internal revenue code and the regulations there under, copies of the organization's form 990 shall be made available, upon request, in a timely manner, and subject to the charges permitted by law to any individual(s) who request it.”

“Exhibition and program fees: program service expenses 187,895. Management and general expenses 0. Fundraising expenses 5,933. Total expenses 193,828. Security service: program service expenses 125,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,089. Marketing consultants and support: program service expenses 91,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,548. Artist fees/stipends: program service expenses 34,710. Management and general expenses 0. Fundraising expenses 1,000. Total expenses 35,710.”

“The process has not changed since the prior year.”