adr-nb.org

Corporate Information

Annual Meeting:  An annual meeting of the voting members of the organization shall be held once each calendar year for the purpose of electing members to The Board of Governors.  The annual meeting shall be held around the middle of May, at a time and place designated by the Board.  After the election, the Board will elect the Executive Officers of the National Organization (President, Vice President, Chief Financial Officer and Corporate Secretary) and then conduct such other business as may properly come before the Board.  

The Board of Governors:  The Governors of an incorporated, non-profit organization is legally responsible for the governance of the organization.  Within that mandate is the expectation that the board will develop, implement, and monitor policies that will allow the organization to accomplish its goals.  Members of the Board play an active role in strategic planning, resource development and assessment of performance in relation to the Organization objectives.  

The Board will meet quarterly, as determined by the Chairperson of the Board, with the first meeting to take place during the month of January, but may be altered if decided by the Chairperson.  Meetings will generally follow Robert’s Rules of Order, and will transact such business as may properly come before the board.

Corporate Officers (summary)

The President is responsible for providing strong leadership, working closely with The Board of Governors to establish short and long-term goals, plans and strategies. 

  • Providing strong leadership to the organization
  • Developing and managing budgets
  • Oversight of all legal and financial activities
  • Make sure the organization follows the Mission of the organization

The Vice President is the second or third in command and supports the President by overseeing the Branch Locations, and the internal operations of the National Organization.  On occasion the VP will step in when the president is unavailable. The VP participates in all budgetary planning and operational strategies.

The Corporate Secretary is responsible for making sure Board members and organization officers are informed about all significant matters that may affect the organization.  Recording the minutes from each Board meeting.

  • Participate in all strategic planning
  • Maintain key corporate records
  • Responsible for maintaining compliance with all state and local laws
  • Managing the process of Board meetings

The Chief Financial Officer is responsible for financial planning and establishing the financial goals and budgets of the organization.  The CFO is the top financial person and oversees all monetary aspects of the organization.

  • Prepare and analyze monthly financial statements
  • Responsible for all tax and other financial reporting requirements
  • Maintaining banking records and relationships
  • Attend each Board meeting and report the current financial position of the organization.
  • Prepare and file all tax returns and other financial reporting obligations.

Corporate Financial Reporting

We will be reporting on this page our Federal Tax Return, Form 990, when we file it for the first time.  We will also report financial and operational actions that affect significantly affect the organization.

Incorporated November 23, 2020 under Federal Tax ID number: 85-4044415

Incorporated in the State of Connecticut December 4, 2020 under number: 82255928000   

Non-Profit status, 501(C)(3), with IRS on April 1, 2021