Identifier | Return Reference | Explanation |
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FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND PRESENT IT TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE IT IS FILED. | |
FORM 990, PART VI, SECTION B, LINE 12C | A CONTRACT OR OTHER TRANSACTION BETWEEN THIS CORPORATION AND ONE OR MORE OF ITS MEMBERS, OR BETWEEN THIS CORPORATION AND ANY OTHER CORPORATION, FIRM OR ASSOCIATION IN WHICH ONE OR MORE OF ITS MEMBERS ARE STOCKHOLDERS OR INTERESTED PARTIES SHALL NOT BE VOID OR VOIDABLE IF THERE IS FULL DISCLOSURE OF THE INTEREST OF THE MEMBER AND THE MEMBER GAINS NO UNFAIR ADVANTAGE BECAUSE OF THEIR MEMBER STATUS AND ONE OF THE FOLLOWING OCCUR: 1) AT A MEETING OF THE BOARD OF DIRECTORS AUTHORIZING OR RATIFYING A CONTRACT OR TRANSACTION, THERE IS A QUORUM OF DIRECTORS NOT SO INTERESTED, AND THE CONTRACT OR OTHER TRANSACTION IS APPROVED BY A MAJORITY OF SUCH QUORUM; OR, 2) THE CONTRACT OR OTHER TRANSACTION IS RATIFIED AT AN ANNUAL OR SPECIAL MEETING OF MEMBERS. THIS CORPORATION SHALL NOT LEND ANY OF ITS ASSETS TO ANY MEMBER OR GUARANTEE TO ANY PERSON THE PAYMENT OF A LOAN BY ANY MEMBER OF THIS CORPORATION. BOARD MEMBERS SIGN A FORM ACKNOWLEDGING AGREEMENT WITH GOODWILL'S CONFLICT OF INTEREST POLICY AND IDENTIFIES ANY POSSIBLE AREAS OF CONFLICT. | |
FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS DO NOT RECEIVE ANY COMPENSATION. THE BOARD/BOARD PERSONNEL COMMITTEE SETS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THEY REVIEW DATA OF COMPENSATION PACKAGES FOR THE CEO POSITION OF ALL OTHER GOODWILLS OF SIMILAR SIZE (AVAILABLE ANNUALLY FROM THE NATIONAL GOODWILL OFFICE). THEY REVIEW PERFORMANCE AS RELATED TO THE JOB DESCRIPTION AND PROGRESS ON GOALS SET FOR THE YEAR. THE PERSONS MAKING THE COMPENSATION DECISION ARE INDEPENDENT FROM THE COMPENSATION BEING SET. THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION CHANGES FOR ALL DEPARTMENT MANAGERS. SHE HAS ACCESS TO SIMILAR DATA FROM NATIONAL GOODWILL AND THE MN COUNCIL OF NONPROFITS. | |
FORM 990, PART VI, SECTION C, LINE 18 | FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. | |
FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL INFORMATION IS ALSO MADE AVAILABLE IN THE AGENCY'S ANNUAL REPORT. |
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