Heartshare Human Services of New York

“The board's audit and finance committee reviewed heartshare's form 990 prior to filing. Any comments arising from the review were discussed and if required, changes were made. After the committee's review, the form 990 was presented to the full board for review and approval.”

“Heartshare human services of new york's conflict of interest policy requires directors, corporate officers, key employees of the corporation and independent contractors who provide substantial services and/or materials to complete an annual conflict of interst disclosure statement and file it with the chairperson of the board of directors. The audit and finance committee of the board reviews each reported potential conflict of interest and reports its recommendations to the full board for approval. If a conflict of interest arises, the matter may be remedied via recusal or disqualification,meaning that the , director, corporate officer, key employee, or independent contractor does not participate in the matter (abstain from making motions, voting, executing agreements, etc.) that poses the conflict of interest. In the event of a violation of the conflict of interest policy, the board of directors reserves the right to enforce appropriate disciplinary or corrective action.”

“THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION OF THE President & CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION AND ITS AFFILIATED ORGANIZATIONS. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS AND CONTEMPORANEOUSLY DOCUMENTS THE EXECUTIVES' PERFORMANCE AND COMPENSATION USING INDEPENDENT COMPENSATION SOURCES, INCLUDING SALARY SURVEYS, FORM 990'S OF COMPARABLE ORGANIZATIONS, AND INFORMATION PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE COMPENSATION CONSULTANT CONFIRMS THAT TOTAL COMPENSATION IS REASONABLE AND WITHIN MARKET NORMS. COUNSEL CONFIRMS THAT ALL COMPENSATION PROCEDURES AND ARRANGEMENTS SATISFY THE IRS SAFE HARBOR REGARDING REASONABLE COMPENSATION. THE PROCESS LAST OCCURRED IN FYE 2024.”

“The organization has a compensation committee that determines the compensation of other senior executives of the organization and its affiliated organizations. On an annual basis, the committee reviews and contemporaneously documents the executives' performance and compensation using independent compensation sources, including salary surveys, form 990's of comparable organizations, and information provided by an independent compensation consultant. The compensation consultant confirms that total compensation is reasonable and within market norms. Counsel confirms that all compensation procedures and arrangements satisfy the irs safe harbor regarding reasonable compensation. The process last occurred in fye 2024.”

“Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.”

“Family support services helped over 300 people with intellectual and developmental disabilities (i/dd) and their families. The services include psychosocial and psychological evaluations for children with i/dd and financial grants supporting families in caring for and improving quality of life for children and adults with i/dd living at home. Expenses $489,423 grants $0 revenue $568,519 energy assistance & community development programs offered utility assistance grant over 36,000 low and moderate income new yorkers in partnership with con edison, national grid, nyseg and rg&e. Expenses $388,068 grants $0 revenue $452,108”

“Total management and general expenses includes administrative expenses totaling $7,338,300 which was incurred on behalf of the organizations' affiliates and recognized in management fee income in the statement of revenue, part viii, line 11a, in accordance with organization's administrative services agreements.”

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