WCEA Conflict of Interest Policy
Board Document · Adopted by Board of Directors: July 15, 2026
This policy — required by the IRS as part of WCEA's Form 1023-EZ application — protects the organization whenever it considers a transaction that might benefit a director, officer, or key employee personally. It defines what counts as a financial interest, requires any "interested person" to disclose it before any related board discussion, answer questions about it, and leave the room while the board votes, and requires a disinterested majority to determine whether to proceed. Every director, officer, and key employee signs an annual disclosure statement, and the policy outlines disciplinary steps — up to removal from office — for anyone who fails to disclose a real conflict.