The Home for Little Wanderers Inc.

“Tthe annual federal form 990 is first reviewed by senior members of finance management. Once this internal review is complete, the return is distributed to and reviewed by a subcommittee of the board of directors. This subcommittee consists of chairs of the governance, audit, and finance committees. A review/input is provided by this subcommittee, and then the full board is provided the opportunity to review the federal form 990 prior to it being filed.”

“On an annual basis, trustees, board members, and staff with the organization are required to file with the board a statement disclosing his or her personal, business, or organizational interests and affiliations. When any such affiliation becomes relevant in the making of any board decision, the director having the conflict of interest shall call it to the attention of the board and that director shall not vote on the matter and shall not use personal influence. This does not exclude any director who is excluded from voting because of a conflict of interest from briefly stating his or her position and answering pertinent questions in order to assist the home for little wanderers, inc. 04-2104764 the board in its decision making.”

“The home participates in salary surveys for the not-for-profit sector on a regular basis (for all positions). The results of the survey are shared with all the organizations who participated in the survey. The home's recruiting function is also benching salaries against positions posted at other employers in the area. The home has a salary structure which is adjusted annually based on the market data described above. The salary ranges for all positions are adjusted according to the cpi and other market factors. Furthermore, salary grades for specific positions may also be adjusted (to different salary grades) based on market conditions. This study (provided by association of behavioral health) included review of: 1) president & ceo 2) top finance & administration executive 3) top development executive 4) top program executive 5) top human resources executive 6) top quality executive the following steps with respect to compensation review of the top home for little wanderers executives were outlined by the governance & risk management committee on june 2010: - the ceo completes a self-evaluation as well as evaluations for the rest of the executive management team. The ceo's self-evaluation is sent to the chair of the compensation committee for distribution to committee members. - human resources will provide the committee with salary benchmark data. - committee will meet to discuss performance and recommended salary adjustments and bonuses (if any) for the group. - minutes will be kept of the committee meetings/discussions - information about any compensation adjustments (except for ceo's) sent to hr for processing - the committee meets with the full board in executive session to provide a recommendation for the ceo's compensation adjustment and bonus (if any) - any board approved changes are communicated to human resources for processing.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of disclosure as set forth in section 6104(d). The organization's form 990 without schedule b is available via guidestar and the massachusetts attorney general's website.”

“The organization did not change either its oversight process or selection process during the tax year.”