Connect Inc.

“The 990 is prepared by an outside accounting firm and reviewed by the director of finance and the executive director. It is then presented to the organization's executive committee. A complete copy of the form 990 is provided electronically to all members of the board of directors for review, and any comments are addressed prior to filing.”

“Connect, inc. Has a conflict of interest policy covering directors, officers, committee members, key staff members, substantial contributors, and their family members. This policy requires any potential conflicts of interest to be disclosed to the executive committee of the board as they arise. Additionally, all directors, officers, and key staff members are required to annually sign a statement affirming they received a copy of the conflict of interest policy, and to disclose any potential conflicts. It is the responsibility of the executive committee of the board to determine if a conflict of interest exists and to take action as deemed appropriate. Any persons with a conflict of interest must recuse him or herself from discussion and any vote on the transaction.”

“The compensation of the executive director is determined using 990's of comparable organizations, salary surveys, and approval of the board of directors. This process is done on an annual basis and the discussion and decision are recorded in the minutes of the board. The process was last conducted in fiscal year 2023.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request, or by calling the organization directly.”

“The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.”

“The organization has an executive committee which is responsible for the oversight of the audit of the organization's financial statements and the selection of an independent accountant. The process has not changed from the prior year.”