To ensure the Chamber operates in a manner consistent with its tax-exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm’s-length bargaining Whether partnerships, joint ventures, and arrangements with management organizations conform to the Chamber’s written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurnment, impermissible private benefit, or in an excess benefit transaction VIII. Outside Experts When conducting the periodic reviews as provided for in Article VII, the Chamber may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. Dayton Area Chamber of Commerce Conflict of Interest Policy Questionnaire For Trustees, Officers and Employees I have read and understand the Dayton Area Chamber of Commerce’s policy on conflict of interest. As part of the Dayton Area Chamber of Commerce, I understand that this policy on conflict of interest applies to me. I understand that I am expected to conduct business in accordance with the letter, spirit, and intent of all relevant laws and the conflict-of-interest policy and to refrain from any illegal, dishonest, or unethical conduct. I understand that if a situation arises where it is difficult to determine the proper course of action, the matter should be discussed openly with the Executive Committee and/or with the chair or his or her designee for advice and consultation. Furthermore, I understand that this document can be amended at any time. In compliance with the Chamber’s conflict-of-interest policy, the positions that I hold within the community are as follows: Business and professional activities in which I hold as an owner, officer, board member, partner, employee, or other beneficiary position as of ___________(date): Name of Business/Organization Position Held/By Whom Other not-for-profit organizations with which I am associated and which might reasonably expect to do business with the Chamber: Name of Organization Position Held/By Whom
To ensure the Chamber operates in a manner consistent with its tax-exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm’s-length bargaining Whether partnerships, joint ventures, and arrangements with management organizations conform to the Chamber’s written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurnment, impermissible private benefit, or in an excess benefit transaction VIII. Outside Experts When conducting the periodic reviews as provided for in Article VII, the Chamber may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. Dayton Area Chamber of Commerce Conflict of Interest Policy Questionnaire For Trustees, Officers and Employees I have read and understand the Dayton Area Chamber of Commerce’s policy on conflict of interest. As part of the Dayton Area Chamber of Commerce, I understand that this policy on conflict of interest applies to me. I understand that I am expected to conduct business in accordance with the letter, spirit, and intent of all relevant laws and the conflict-of-interest policy and to refrain from any illegal, dishonest, or unethical conduct. I understand that if a situation arises where it is difficult to determine the proper course of action, the matter should be discussed openly with the Executive Committee and/or with the chair or his or her designee for advice and consultation. Furthermore, I understand that this document can be amended at any time. In compliance with the Chamber’s conflict-of-interest policy, the positions that I hold within the community are as follows: Business and professional activities in which I hold as an owner, officer, board member, partner, employee, or other beneficiary position as of ___________(date): Name of Business/Organization Position Held/By Whom Other not-for-profit organizations with which I am associated and which might reasonably expect to do business with the Chamber: Name of Organization Position Held/By Whom