South Middlesex Opportunity Council Inc

“There is no committee that has the authority to act on behalf of the governing body.”

“Both the cfo and the executive director review, in detail, the form 990 prepared by the organizations external accountants, once all comments have been addressed, a copy of the form 990 is posted online to a secure site for the board to review and comment. The form 990 is then reviewed by the audit/finance committee, once approved by the audit/finance committee, the full board votes to approve the form 990, prior to its filing with the irs.”

“Any and all conflicts of interests are required to be disclosed throughout the year on a real-time basis. On-going discussions are held with applicable parties to disclose any conflicts of interest. The organization's governing documents, conflict of interest policy, form 990 and financial statements are available to the public upon request for the same period of disclosure as set forth in section 6104(d). In addition, the form 990 is available via guidestar.org and the massachusetts attorney general's website.”

“For determining the organization's executive director's compensation, compensation data is reviewed for comparable agencies to ensure the organization is compensating the executive director within the salary range for the position. The board of directors makes the final recommendation for the executive director's salary. In addition, the organization instituted a performance review for the executive director based on strategic goals which the executive director's salary increase would be based on. A compensation study is completed annually for the executive director. With regards to other key executives, their salaries would go through a regular review process which includes recommendation from their manager, a review by the human resource department, in some instances, recommendation by the cfo, and lastly, final approval by the executive director. If there is a conflict, the executive director would discuss it with key board members.”

“The organization's governing documents, conflict of interest policy, form 990 and financial statements are available to the public upon request for the same period of disclosure as set forth in section 6104(d). In addition, the form 990 is available via guidestar.org and the massachusetts attorney general's website.”