Compensation Procedure

Posted by on Jan 3, 2014 in Policies |

Adopted:8/22/17

Resolved by Mountain View Academy, That all compensation arrangement decisions will be approved by the board in advance of payment.

  1. That our conflict of interest policy will be followed when making compensation arrangement decisions.
  2. That the compensation arrangement date and terms will be documented in board minutes.
  3. That compensation arrangement decisions made by each individual board member will be documented in board minutes.
  4. That compensation arrangement approval will be based on information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services.
  5. That a minimum of two examples of compensation paid will be used for each compensation arrangement decision.
  6. That these examples and their source will be documented in our board minutes.
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