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Corporate Policies
This page contains a list of current policies of the
South Bay Community Network (sbay.org).
| Title |
Description |
Download |
Approved |
Last updated |
| Policies required for 501(c)3 tax-exemption status |
| Compensation Policy |
A small part of this policy regards reimbursement for personal
expenses incurred on behalf of the corporation.
The rest regards IRS 501(c)3 issues with employment by charities.
Our By-Laws don't allow compensation of officers or directors
for their services.
While the By-Laws don't restrict us from hiring employees,
we don't currently allow hiring employees by this policy.
If/when this policy is amended to allow hiring employees,
it already has the employment-related conditions
to keep us in compliance for our 501(c)3 status.
|
12K OpenOffice
499K PDF
|
Dec 5, 2006
|
Dec 5, 2006
|
| Conflict of Interest Policy |
This policy is almost verbatim from the IRS's sample
Conflict of Interest Policy, except for a modification to allow
our officers and directors to electronically acknowledge reciept
of copies of it.
|
13K OpenOffice
612K PDF
|
Dec 5, 2006
|
Dec 5, 2006
|
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