The Quilt Inc

“Per organizational by-laws the board delegates the quilt executive committee to act on its behalf during the year. Composition of the executive committee is comprised of elected directors of the board. The president and ceo serves as an ex officio member of the executive committee.”

“The quilt's finance committee, chaired by the treasurer, is responsible for the review and approval of form 990. All members of the board receive a copy of the final version of the form 990 prior to it being filed.”

“Officers and directors are required to disclose any potential conflicts of interest. The quilt executive committee which consists of officers and elected directors monitors compliance with the conflict of interest policy.”

“Pursuant to the organization's executive compensation policy, compensation for the president & ceo was compared to and found to be consistent with similar positions in r&e networking organizations. The quilt executive committee, acting on behalf of the board per organizational bylaws, approved the current compensation and employment contract for the president & ceo. This process is reviewed annually by the executive committee per the executive compensation policy.”

“Governing documents, conflict of interest and financial information for the organization are available to members upon request, these documents may be made available to the public after organizational approval of the request.”

“Research, advocacy and other consulting fees: program service expenses 104,636. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,636.”

“The financial statements were reviewed on a separate basis. They were audited in the prior year.”