The Arc of Opportunity in North Central Massachusetts Inc

“As of fiscal year 2023, incompass human services, inc. Is the sole member of the organization.”

“Upon completion, a draft of the 990 is provided to the members of the finance/audit committee to review prior to meeting as a group to review it in detail. The committee will then recommend acceptance of the report for filing, with or without changes. A copy of the draft will be made available to board members at least one week prior to filing. Board members with questions or comments will direct them to the audit committee chair (treasurer). Unless there are objections from board members, the 990 will be filed after the one week review period has ended.”

“As stated in the policy all board and staff members are required to annually complete a conflict of interest form listing any potential conflicts or stating that they have none. New board and staff members complete one upon hire and annually thereafter. Declaration of any new conflicts of interest is a standing item on the agenda for all board meetings.”

“The ceo's compensation is determined by a sub-committee of the board of directors. This committee considers comparable data from several sources including the bureau of labor statistics and a non-profit salary survey last updated in 2016. Salary data is aged as recommended in the survey. The committee gathers input from all board members, as well as performance data and determines the ceo's compensation. No changes are made to the ceo's salary without written communication from the board chair. The committee maintains documentation of their deliberations. All other compensation including other officers of the corporation and key employees, is determined by the ceo using data from the sources mentioned above and is based in part on available resources. Suggested salary increases are presented as part of the proposed budget each year which is reviewed by both the finance committee and the board of directors as documented in the minutes of those meetings. In addition, periodically the organization engages our attorneys to perform a salary equity assessment.”

“All governing documents, conflict of interest policy and financial statements are available either in electronic or paper form upon request. A copy of our most recently filed 990 is available on our website.”

“This process has not changed from the prior year.”