Tahoe Fund

“Staff is responsible for preparing the 990 with the aid of a professional accounting firm. The 990 is reviewed by the audit committee before being distributed to the full board for review after which it is submitted to the irs.”

“Board members are required to re-sign the policy annually and fill out an annual disclosure form at the annual meeting. Board chair reviews all policies and makes the executive committee aware of any conflicts. The board members are required to disclose any new conflicts as soon as they arise.”

“The CEO's initial salary was set by the board in consultation with an outside hiring agency. The hiring agency did a comparability study of similar organizations in the area. The CEO is reviewed annually by the compensation committee with input from the full board at which time the compensation is reviewed and then subsequently approved by the board as part of the annual budget approval process.”

“Board members are not compensated and there are no key employees”

“THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. All documents are available in pdf and can be emailed or printed and sent via us mail per the preference of the requester. Requests can be made via phone, email, or snail mail.”

“Other program services 4: recreation: the tahoe fund provides grants to critical environment improvement projects in lake tahoe that will enhance outdoor recreation. In 2015, the tahoe fund worked closely with public agencies to plan a new bike path from incline village to sand harbor, and to ensure construction could begin in 2016. Tahoe fund also supported efforts on the incline flume, angora creek bridge replacement and west shore bike path.”

“Change in Beneficial Interest = -$41888”

“Unfulfilled Pledges = -$20500”

“The fundraising expenses of the organization are much higher on a percentage basis of total expenses than most non-profit organizations because the mission of organization is to raise funds for projects that restore and enhance Lake Tahoe. Additionally, expenses were incurred to raise funds for a very large project which has not yet been paid out and recorded as program expenses.”