Jewish Vocational Service Inc

“All directors are entitled to vote for the board of directors, which is the governing board of jvs.”

“The 990 is first reviewed by management. Once reviewed, the 990 is distributed to the budget & finance committee of the board. Any questions are collected and answered and approval of committee is obtained prior to filing. After committee review, the full board is provided a copy of the form 990 prior to filing.”

“All directors and employees are subject to the conflict of interest policy. New board members are given the written policy regarding conflict of interest at the time of orientation to the board. Once per year, at a full board meeting, the policy is reviewed and all board members are asked to contact the ceo if they have any activities that might constitute conflict, and to make sure appropriate disclosures are made. The ceo will discuss potential conflicts with the board chair and the affected individual. If the ceo, the chair and the individual involved are unable to satisfactorily manage or eliminate an actual or potential conflict of interest, the executive committee of the board of directors will be immediately informed in order to take that action which it deems appropriate. Actions taken by the executive committee may include disqualification of the affected individual from participating in decisions relating to the actual or potential conflict.”

“The president & ceo's compensation is approved by the executive committee of the board of directors based on an evaluation process conducted by appointed board member(s), who then report to the executive committee and the full board. Jvs's policy is that periodic re-assessment of salary will occur based both on analysis of job market/comparable salaries and job performance. Other key employees' salaries are set by the president & ceo and included within the overall board budget approval process. In this regard, jvs performs periodic salary reviews and surveys (approximately every three years) to confirm salaries for all agency positions, including key management staff, are competitive. In interim years, salaries are generally adjusted based on cost of living indices for boston.”

“Jvs makes its full audited financial statements, as well as 990, conflict of interest policy and governing documents available upon request. Our annual report includes summary financial information on operating revenue and expenses, and is distributed to jvs mailing lists, as well as through our website. Additionally, the form 990 and audited financial statements are available through the massachusetts attorney general's website.”

“The budget & finance committee assumes responsibility for oversight of the audit of its financial statements.”