Community Catalyst Inc.

“The form 990 is to each board member before filling. Any questions and/or comments are sent to the audit committee for resolution with management. Once all question/issues are satisfactory resolved, each board member votes to accept the form 990.”

“All board members receive an annual statement declaring that they received a copy of the conflict of interest policy, have read and understood the policy, agree to comply with the policy, and understand that the policy applies to all committees and subcommittees. If the board determines that a conflict of interest does exist, it may appoint an independent person or committee to investigate alternatives after exercising due diligences, the board must determine, by a majority vote, whether the transaction or some alternative 1.) is in the organization's best interests and for its own benefit, 2.) is fair and reasonable to the organization, and 3.) is the most advantageous transaction the organization can obtain under the circumstances the interested person must recuse himself from the determination of whether or not the financial interest may result in a conflict of interest nor in the resolution of such a conflict if it is determined that an officers or a director violated the policy, the board may take appropriate disciplinary action against the interested person including but not limited to removal from the board of directors.”

“The board of directors established the compensation for the executive director. They review salary information from comparable organizations contained in recent salary surveys. Management compensation is reviewed annually and compared to organizations of similar size, mission and geographical location using comparability date. The organization has an independent compensation committee which collects and evaluates annually outside data for compensation. That committee votes on the executive compensation of key employees on an annual basis.”

“The organization governing documents, conflict of interest policy and financial statements are available for inspection upon request and also on the website of the massachusetts division of public charities.”

“The organization makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code upon request; guidestar.org; mass. Attorney general website -http://www.charities.ago.state.ma.us/charities/ and other similar types of websites.”

“Professional fees: program service expenses 982. Management and general expenses 33,626. Fundraising expenses 286. Total expenses 34,894. Program consulting: program service expenses 3,688,343. Management and general expenses 927,870. Fundraising expenses 100,778. Total expenses 4,716,991. Temporary services: program service expenses 0. Management and general expenses 29,687. Fundraising expenses 0. Total expenses 29,687.”

“The organization did not change either its oversight process or selection process during the tax year of its financial statements and selection of an independent accountant.”