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Finance and Operations Committee
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Committee Purpose: The purpose of the Finance Committee of the Board of Directors of Organic Exchange is to oversee the financial policies and activities of the Organic Exchange that may have a material impact on the results of our operations or financial position.

Committee Responsibilities:
1. Review the annual budget and recommend approval by the Board.
2. Report to the Board any financial irregularities, concerns or opportunities.
3. Recommend financial guidelines to the Board.
4. Assist the Executive Director with the design and accuracy of financial reports.
5. Review proposed capital expenditures, personnel and/or external consultant commitments and within limits as established by Committee resolution, and recommend approval by the Board.
6. Review and approve policies and procedures for managing the Company's financial (i.e. interest rate and foreign exchange), casualty and liability risks.
7. Recommend selection of third party auditor(s) and work directly or indirectly with said auditor(s).
8. Advise Executive Director, and other OE staff as appropriate, on financial priorities and information management systems.
9. Establish a fundraising plan that incorporates a suite of fundraising vehicles including member services, product sales, trainings and other events.
10. Monitor fundraising efforts to ensure that ethical screens are developed and actively in place and approved donors are acknowledged appropriately.
11. Perform such other duties and functions as may, from time to time, be assigned to the Committee by the Board.


Task Forces

Executive Review
For more information, contact Terri Small
The Executive Review Task Force is responsible for developing and revising personnel policies including salary structure, annual reviews, benefits packages and staff salary increases. The Committee also reviews personnel documents such as job descriptions for both existing and incumbent positions. The Committee also acts as a grievance board for employee complaints against the Executive Director and/or Senior Management, which are then submitted formally in writing. Formal appeals on decisions made by the Executive Director are also submitted in writing to this Committee.

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Board Development
For more information, contact LaRhea Pepper
The Board Development Task Force is responsible for overseeing the general affairs of the board. Specific tasks include but are not limited to: preparing and submitting recommendations for board member composition, interviewing prospective Board members and recommending appropriate candidates to the Board, conducting orientation sessions for new Board members, organizing ongoing training for Board members, and suggesting new, non-Board individuals for Committee membership.

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