Form 1023 Draft
From HacDC Wiki
4a. Do you or will the individuals that approve compensation arrangements follow a conflict of interest policy? No 4b. Do you or will you approve compensation arrangements in advance of paying compensation? No 4c. Do you or will you document in writing the date and terms of approved compensation arrangements? No
-Dan Barlow comments
I think we need to be able to answer yes to these. 4a. Conflict of interest should be avoided. What do we consider a conflict of interest? Is there a legal definition we can point to and say "we use that"? 4b. Should always be Yes. Currently we can spend up to $500 without approval. I suggest that should be limited to supplies, and any compensation should have to be approved in advance at a voting meeting of the membership. 4c. Following 4b. the documentation would be the approved minutes of the meeting where the compensation was approved.