Community Partners Inc

“The 990 is prepared annually by the outside public accounting firm following the completion of the annual financial statement audit. A draft of the 990 is reviewed by the CFO. The final version of the 990 is signed and filed by the CFO. The CFO notifies the other members of executive management that the 990 has been filed. Any member of executive management may review the 990 at any time. The board is provided a copy of Form 990 prior to filing.”

“This policy is enforced on an on-going basis as part of the daily operations of CPI. The Organization has a strong culture of awareness regarding potential conflicts of interest. All new employees are required to read the CPI Conflict of Interest Policy. Employees are encouraged to help the Organization identify any and all transactions or relationships that may result in an actual or perceived conflict. All new business relationships are examined by multiple employees, from program (on site) management through the accounts payable review function and finally executive management. At any point in this process concerns regarding potential conflicts may be raised and they are addressed immediately as they arise.”

“The Board obtains market data, collected by the HR Director, and compares executive compensation to organizations of similar size and type, utilizing both title and job content comparisons. A state-wide salary survey completed by the Maine Association of Nonprofits is used and, as needed, data from individual agencies is obtained from the appropriate Form 990s for agencies of similar size. The Board reviews the market analysis by size, region, and mission and approves any salary adjustments for the Executive. All discussions and decisions are documented contemporaneously in meeting minutes.”

“The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”