Harbor Homes II Inc

“Dan Sallet, Sekondi Foster, and Lanna Martin share a business relationship.”

“Based on policy: The Form 990 is prepared by independent accountants yearly and is reviewed by the Chief Financial Officer and Controller. The Chief Financial Officer will then forward the document to the Chief Operational Officer and the Chief Executive Officer. After it has been successfully reviewed by these officers, the Form 990 is submitted to the members of the Board Finance Committee for their review and approval prior to filing.”

“The conflict of interest policy is reviewed yearly by the Board of Directors. Any changes required to the conflict of interest policy are reviewed by attorneys prior to their formal adoption. All members of the Board of Directors are required to sign the conflict of interest policy yearly, and new employees of the Organization must review and sign the policy at the time they are hired.”

“The Organization's process for determining the compensation of officers and key employees is ultimately decided by Harbor Homes, Inc., a related organization which shares an identical Board of Directors. The President and CEO is employed by contract, which is reviewed before it expires. The Board of Directors engages legal counsel and other qualified experts for assistance in reviewing the CEO employment contract and any compensation and/or benefit agreements. The base for CEO's compensation is compared with other nonprofit CEOs, reviewed by legal counsel, and approved by the Board of Directors prior to agreement to ensure reasonableness. The President and CEO is responsible for determining and reviewing the compensation of employees and officers that report directly back to the CEO. In cases where the CEO and any directly reporting employees also involves an individual who shares some conflict of interest with the CEO, the CEO will follow the procedures outlined above for determining the President and CEO's own compensation agreement.”

“The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request. Audited Financial Statements are also posted on the Organization's website: www.harborcarenh.org”

“Contracted Services: Program service expenses 44,778. Management and general expenses 3,885. Fundraising expenses 0. Total expenses 48,663.”

“The finance committee assumes responsibility for oversight of the audit. The auditor is selected by the audit committee.”