Part VI Line 11b |
The form 990 is prepared by the Vice President of Finance. It is reviewed |
Part VI Line 11b |
by the Chief Financial Officer, and is then presented to the Executive |
Part VI Line 19 |
This is noted currently on Schedule O |
Part IX Line 11g |
OTHER PROFESSIONAL SERVIC Total expenses - $88197.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
PART VI, SECTION A, #6, 7a, & 7b |
Each person who has purchased a $1 share and opened an account with the |
PART VI, SECTION A, #6, 7a, & 7b |
organization is a member. Each member of the organization can vote for the |
PART VI, SECTION A, #6, 7a, & 7b |
members of the board of directors as well as other issues that are brought |
PART VI, SECTION A, #6, 7a, & 7b |
before the membership to be voted on. |
PART VI, SECTION B, #11b |
The form 990 is prepared by the Vice President of Finance. It is reviewed |
PART VI, SECTION B, #11b |
by the Chief Financial Officer, and is then presented to the Executive |
PART VI, SECTION B, #11b |
Committee for review. |
PART VI, SECTION B, #12c |
The Credit Union has and maintains a conflict of interest policy. The |
PART VI, SECTION B, #12c |
policy includes members of senior and executive management as well as |
PART VI, SECTION B, #12c |
board members. If a conflict of interest were to arise, it would be |
PART VI, SECTION B, #12c |
reported at the next scheduled board meeting. Various controls are in |
PART VI, SECTION B, #12c |
place to help deter these types of relationships or transactions and is |
PART VI, SECTION B, #12c |
monitored by management. The policy is reviewed annually for any |
PART VI, SECTION B, #12c |
necessary changes or updates. |
PART VI, SECTION B, 15a & 15b |
Annual reviews are performed by the Board for the CEO at the beginning |
PART VI, SECTION B, 15a & 15b |
of each year, using salary survey data. The performance for the last year |
PART VI, SECTION B, 15a & 15b |
is analyzed and pay increases are administered as deemed necessary. The |
PART VI, SECTION B, 15a & 15b |
CEO does the same annual review process with the other officers of the |
PART VI, SECTION B, 15a & 15b |
organization, and also administers any Board approved salary increases |
PART VI, SECTION B, 15a & 15b |
as warranted. |
PART VI, SECTION C, #19 |
Governing documents of the organization are available upon request, as well |
PART VI, SECTION C, #19 |
as the monthly financial statements. The financial statements are also |
PART VI, SECTION C, #19 |
posted in the branches for review by the public. |