Form 990, Part VI, Section A, line 1 |
The governing body contains two individuals serving as Gaming Chair. The position has only one voting right. If both of the Gaming Co-Chairs attend a meeting, they only have one voting right. The governing body also contains two individuals serving as Investment Chair. The position has only one voting right. If both of the Investment Co-Chairs attend a meeting, they only have one voting right. Therefore, there are only 11 voting members of the governing body at all times. The Executive Committee of the corporation shall consist of the President, who shall serve as Chair of the committee, the other officers, the Immediate Past President of the corporation, the Athletic Director, and the Alumni Director of NDSU. The Executive Committee is permitted to make any decision between board meetings on behalf of the governing board. |
Form 990, Part VI, Section A, line 6 |
The classes of members are as follows: Circle of Champions, Thundering Herd, Bison Club, Gold, Silver, Bronze, Captain, Green & Gold and Booster. Each class represents the level at which they contributed, with Circle of Champions being the highest level. Each member must make a minimal annual investment as established by the Board of Directors. |
Form 990, Part VI, Section A, line 7a |
A Nomination Committee consists of the immediate Past President of the Corporation and two Members at Large presented by the President of the Board of Directors. This Nomination Committee recommends nominees to replace those directors whose terms are expiring, as well as nominees for the various offices of the Organization. Each Team Maker member has one vote to elect on the nominees. |
Form 990, Part VI, Section B, line 11b |
The Board is provided a copy of the Form 990 electronically. The board members confirm receipt and review of the return. The Secretary/Treasurer does a final review, approval, and filing of the Form 990. |
Form 990, Part VI, Section B, line 12c |
The conflict of interest policy covers any director, principal officer or member of a committee with governing board powers. Upon disclosure of a potential conflict, the individual leaves the governing board or committee meeting while the remaining board members determine if a conflict exists. The individual with the conflict must abstain from voting on any issues that pertain to the conflict, as well as remove himself/herself from the room. |
Form 990, Part VI, Section B, line 15 |
The Executive Director, as the top management official, is compensated by an unrelated organization. Therefore, the filing organization does not determine the compensation for this position. |
Form 990, Part VI, Section C, line 19 |
The governing documents and financial statements are available upon request. |