Cangress

“Form 990 is prepared by our outside auditor. Following the completion of a draft of the audited financial statements and a draft of form 990, the outside auditor meets with the full board of directors to review the finanical statements and form 990 to assure that all representations and answers to issues, comments and questions are accurate.”

“At each board and committee meeting prior to voting on any issue, board/committee members are asked to identify any conflict of interest in existence with regard to the item being voted on and to abstain from voting where a conflict of interest exists.”

“The organization's board of directors (board) sets compensation for the co-executive directors. The board performs an annual review of the performance of the co-executive directors. The board also gathers input for setting the co-executive directors' compensation from local nonprofit compensation surveys, from form 990s of similar organizations in their service area, and from compensation information received from member industry associations. The deliberation and decision regarding the co-executive directors' compensation is contemporaneously documented in the minutes of the board. The co-executive directors are responsible for setting the compensation of other employees through salary information received from similar sources as used in setting the co-executive directors' compensation. The employee compensation decision is documented in the applicable employee's payroll file.”

“The organization's governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“The board of directors is responsible for the selection of an independent auditor and for oversight of the audit process. This responsibility and process is unchanged from the prior year.”