Revised On |
Revision |
10/20/01 |
Revised strategic plan. |
2/2/02 |
Revised table and changed some wordings, moved ET composition back here from Limitations |
1/27/03 |
Fixed Formatting: consistent font, fix section numbering. |
The Board will hold the Executive Team accountable for the operational organization, its achievements and conduct, and for operating under an annual strategic plan approved by the Board.
The Board will acquire monitoring data by one or more of three methods:
In every case, the standard for compliance shall be any reasonable Executive Team interpretation of the Policy being monitored.
EXECUTIVE TEAM SCHEDULE OF REPORTS
Item |
Method |
Frequency |
Treatment of Congregants |
Internal |
Annually |
Treatment of Staff |
Internal |
6 months |
Program Review |
Internal |
Annually |
Financial Planning and Budgeting |
Internal |
Quarterly |
Financial Condition and Activities |
Internal |
at least Quarterly |
External |
None |
|
Grant Activities |
Internal |
at least Quarterly |
External |
None |
|
Contract Activities |
Internal |
At least Quarterly |
External |
None |
|
Asset Management |
Internal |
Quarterly |
External |
None |
|
Emergency Executive Team Succession |
Internal |
?? To Do |
Compensation and Benefits |
Internal |
Annually |
Communication and Support to the Board |
Direct Inspection |
Annually |
Executive Teamwork |
Internal |
6 months |
Ends |
Internal |
Annually |
Annual Plan Progress |
Internal |
Quarterly |
Reconstruction and Renovation |
Internal |
Quarterly |
TABLE OF LIMITS SET ANNUALLY BY THE BOARD (TO BE UPDATED FEB. 8, 2003)
Type |
Limit |
Date of Board Vote |
"Grant Award Limit" referenced in Policy II.H.1 |
$0 (any award requires Board approval) |
February 26, 2002 |
"Contract Limit" referenced in Policy II.J.1 |
$2,000 |
February 26, 2002 |
The limit above which a single purchase or commitment requires a competitive bid, as outlined in Policy II.J.2. |
$10,000 |
February 26, 2002 |
The asset allocation ranges for Church funds. The asset allocation will be designed to balance risk and return, as outlined in Policy II. L. 6. |
To Do – this entire section 25%-35% of the total funds in cash, bonds, or the equivalent 15%-25% of the total funds in a broad market index mutual fund 15%-25% of the total funds in growth mutual funds 25%-35% of the total funds in individual stocks. |
February 26, 2002 |
Date the Executive Team shall not fail to provide to the Board a balanced budget proposal, as outlined in Policy II. F. 1. |
December 15, 2002 |
February 26, 2002 |
Date the Executive Team shall not fail to provide the Board a review of the programs of the church as outlined in Policy II. F. 4. |
June 1, 2002 (Board to finalize Annual Plan for 2003 year by October 1, 2002 to drive canvass) |
February 26, 2002 |
Date the Executive Team shall not fail to provide the Board a balanced budget proposal. |
December 10, 2002 |
February 26, 2002 |