| Return Reference | Explanation |
|---|---|
| Part VI, Section B, Line 1 | FLIC VOTES Board of Directors meets regularly to provide ongoing support guidance and approval of organizational business as needed by the Executive Leadership. |
| Part VI, Line 11a | A copy of the Form 990 and the Audited Financial Statements are given to the Board of Directors to review and approve. |
| Part VI, Line 12c | The management of FLIC Votes and the Board of Directors review the conflict of interest policy and sign a confirmation indicating they understood the policy. The policy is also part of the Board Handbook which is reviewed with the new Board members during their orientation. Staff receives the disclosure from from the Board members and if a conflict is noted the staff share the statement with the Board Chair who brings the topic for discussion at the next Board meeting. The Board reviews the potential conflict and vote whether a restriction needs to be imposed. The person with the conflict is not allowed to be part of the vote and must excuse themselves from the discussion part of the meeting and is also not present during the vote. |
| Part VI, Line 15 | The Board of Directors reviews the Executive Directors compensation by conducting a market salary review from time to time. The information is made available at the time the Board is conducting annual performance and salary reviews. |
| Part VI, Line 19 | FLIC Votes will make its governing documents conflict of interests and financial statement available upon request. |
| Software ID: | |
| Software Version: |