Aberg Center for Literacy

“Irs form 990 is provided to governing board for review either via email prior to board meeting or via hard-copies distributed during board meeting.”

“Board directors complete and sign a written board contract acknowledging the center's conflict of interest policy and their their compliance with the policy.”

“Pt vi, line 15a: the executive director's salary is set by the board during its review and approval of the annual budget. This process includes a comparison of salaries at similarly sized nonprofit organizations. Pt vi, line 15b: other employees' wages are set by the board during its review and approval of the annual budget. Other employees' wages are proposed by the executive director within the framework of board approved policies and the annual budget, after giving consideration to wages for comparable positions at other local nonprofit organizations.”

“The center's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Pt vi, line 12c: board directors complete and sign a written board contract acknowledging the center's conflict of interest policy and their their compliance with the policy. Pt vi, line 15a: the executive director's salary is set by the board during its review and approval of the annual budget. This process includes a comparison of salaries at similarly sized nonprofit organizations. Pt vi, line 15b: other employees' wages are set by the board during its review and approval of the annual budget. Other employees' wages are proposed by the executive director within the framework of board approved policies and the annual budget, after giving consideration to wages for comparable positions at other local nonprofit organizations. Pt vi, line 19: the center's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Pt xii, line 2c: the center's governing board assumes responsibility for the oversight of the audit. Pt vi, line 4: the center amended its bylaws in november 2017. Significant provisions made to the restated bylaws are as follows: executive committee is comprised of board president, board vice-president, board treasurer and board secretary; executive committee is to perform an annual review of the performance of the executive director; the board of directors, in conjunction with the executive director, shall develop and maintain a strategic plan for the center; the finance committee shall prepare and present annual budgets to the board for its approval; and the center shall maintain insurance on its behalf and on behalf of any person that it has the power to indemnify by law.”

“Bank and credit card fees: program service expenses 0. Management and general expenses 5,318. Fundraising expenses 124. Total expenses 5,442. Donated professional services : program service expenses 70,000. Management and general expenses 26,346. Fundraising expenses 0. Total expenses 96,346. Volunteer appreciation fees: program service expenses 554. Management and general expenses 0. Fundraising expenses 0. Total expenses 554. Membership dues: program service expenses 325. Management and general expenses 100. Fundraising expenses 0. Total expenses 425.”

“Merger of assets into lift -240,239.”