Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990, Part VI, Section A, line 1 | All Board of Trustee members have the same voting rights except for the representative of Generation Dayton, who is a non-voting ad hoc member of the Board. The Board of Trustees delegates authority to the Executive Committee which is made up of the officers plus up to 8 additional board of trustee members who serve by appointment of the Chair. | |
| Form 990, Part VI, Section A, line 2 | The Chamber's Board of Trustees is made up of executives from 50 different organizations in the greater Dayton, Ohio area. Many of the Board members companies may do business with each other. The following individuals have a business relationship in that they serve on the Board of directors of the Dayton Area Chamber of Commerce Education and Public Improvement Foundation: Richard C Stover, Constance Woods, Dave Foubert, Phil Parker, Steve Reeves, William Deas, Mark Thompson, and Tim Hull. | |
| Form 990, Part VI, Section A, line 4 | Amendments were made to the Chamber bylaws in 2010 in order to strengthen its governance process. Sections were added that address board member conduct, dispute resolution, and board member termination. | |
| Form 990, Part VI, Section A, line 6 | The Chamber nominating committee compiles a slate of new Board members each year. This slate of candidates goes before the entire membership for approval. If an individual or group wants to add additional candidates to this slate, they need a petition signed by 10% of the membership to have the candidate considered. The added candidate goes before the sitting Board of Trustees for approval. | |
| Form 990, Part VI, Section A, line 7a | The Chamber nominating committee compiles a slate of new Board members each year. This slate of candidates goes before the entire membership for approval. If an individual or group wants to add additional candidates to this slate, they need a petition signed by 10% of the membership to have the candidate considered. The added candidate goes before the sitting Board of Trustees for approval. | |
| Form 990, Part VI, Section B, line 11 | An electronic copy of the form was made available to all members of the Executive Committee. The full Board of Trustees was provided a link to the document via the Chamber's website. | |
| Form 990, Part VI, Section B, line 12c | Annually, the Board of Trustees is requested to complete Conflict of Interest forms. In addition, on an annual basis a review of vendor transactions is completed by staff to determine if any material transactions were made with member companies who employed potential individuals of conflict. | |
| Form 990, Part VI, Section B, line 15 | A management compensation and review committee comprised of officers and other Board of Trustee members is responsible for evaluating the President & CEO's performance and recommending compensation. This committee utilizes national salary surveys from Chambers of Commerce and other sources to determine salary. The final decision on the President & CEO's compensation package is made by the Chair of the Board of Trustees. Regarding other officers and key employees, an annual job performance evaluation is performed and industry salary data is consulted by the President & CEO in his or her deliberations. This person then makes the compensation package decisions. | |
| Form 990, Part VI, Section C, line 19 | The Organization will provide any documents open to public inspection upon request. In addition, the organization's bylaws are available for view on our website. | |
| Avg hours devoted to related org(s) when related comp is reported: | Form 990, Part VII: | Approximately 15% of time is spent on the related organization, EPI Foundation |
| Software ID: | |
| Software Version: |