Phi Kappa Sigma Berkeley

“At the annual meeting in december of dues paying alumni members, all members in good standing can volunteer or be nominated to the board of directors. If they are voted in, they attend the next board meeting as a director.”

“Governance decisions of the board are presented to the general members at the december annual meeting verbally and via the minutes of the prior board meetings. In addition, all members can bring up and vote on other new issues under "new business" on the agenda. The decisions on major items are made by the board.”

“The treasurer and vice president will review form 990 before it is filed. A copy of the filed return will be provided to executive committee. In december the board of directors meets to review the insurance and financial documents. Proforma financials based upon actual january through november transactions, plus a one month forecast of december are reviewed in detail and compared to previous years form 990.”

“At the annual december meeting directors are asked to disclose any facts or interests that could give rise to a conflict of interest.”

“Governance documents, financial statements and tax returns are made available upon written request to the corporate secretary, or in case of corporate by-laws to the california secretary of state.”

“Barrows house, the corporation's student dormitory, provides furnished rooms and cooking facilities to approximately 35-45 student members at rents intentionally kept below market located one block from the uc berkeley campus. It has been privately owned and operated at its present location since 1957 and at other campus locations since 1905.”