Third Sector New England Inc.

“The 990 was reviewed by the finance committee of the board prior to filing and was provided to all board members prior to filing.”

“All officers, directors, and employees are responsible for avoiding situations which place them in conflict or apparent conflict with their duties at tsne and are required to sign a conflict of interest disclosure form annually. The executive director reviews the forms and determines if a potential conflict exists. If a potential conflict is found to exist, that person is prohibited from participating in the deliberations and decisions on the conflicting matter. This policy statement covers some, but not all such situations. Employees should seek guidance in advance from the executive director whenever the potential for such conflict of interest arises. No employee of tsne shall serve on a governing board or committee of any organization contracting with, making grants to, or receiving grants from tsne, except with the express, written approval of tsne's executive director. The executive director's participation on a board or committee as described above shall require the written approval of the president. In no case shall a tsne officer, director or employee vote or take an active part in discussion of a grant or contract between tsne and an organization of which he or she is a member or director. Tsne recognizes that some staff may, on occasion, wish to contract with individuals or organizations to provide consultation or other professional services on an independent contractual basis. All such outside consulting and contractual arrangements must be approved by the executive director (or, in the case of the executive director, by the president). Decisions regarding approval or disapproval of such outside work are within the sole discretion of the executive director (or president). Approval will not be granted in cases in which tsne is offering or might reasonably consider offering similar services. Approval will also be denied in instances which in the judgment of the decision-maker constitute a conflict of interest or the appearance of such a conflict. Violation of this policy may result in disciplinary action up to and including termination of employment.”

“Tsne's executive director compensation is determined through review and approval of the compensation committee of board of directors. This committee makes use of comparable compensation data for similarly situated organizations, and maintains minutes of its deliberations. The last time this review was conducted was december 2016.”

“The financial statements, governing documents and the conflict of interest policy are made available upon request. The form 990 is available through the massachusetts attorney general's division of public charities website and national data sources such as guidestar.”

“Other professional fees: program service expenses 7,740,341. Management and general expenses 161,495. Fundraising expenses 60,899. Total expenses 7,962,735. Contract expense: program service expenses 1,095,721. Management and general expenses -116,624. Fundraising expenses 2,368. Total expenses 981,465.”