Federation of Multicultural Programs Inc

“A board member shall be elected to serve on the board of directors by a two thirds vote of the entire board. Upon a vote, each member of the board of directors, with the exception of the chairperson, is entitled to cast one vote which may not be entered via proxy. The chairperson shall have no vote except to create a tie vote or break a tie vote.”

“The board of directors is consulted on all matters that impact the agencys daily or future operations, whether financially or operationally. All decisions of the governing body that mandates the expenditure of five thousand dollars or more is required to be explicitly approved by the board of directors prior to its implementation.”

“Once the fiscal director reviews a final draft of the form 990 a copy is made and emailed to the president/CEO. The president/CEO presents copies to each member of the governing body at the monthly, or if necessary, at a special meeting. At the meeting, the information is reviewed and approved by the governing body. At this point, the president/CEO gives clearance for the submission of the return.”

“The federation of multicultural programs, inc., requires that all employees, volunteers, board members, and consultants disclose any personal, family or business relationships that could potentially be considered a conflict of interest. The disclosure must be made before beginning a relationship with the organization and must be updated annually and/or when applicable changes in status occur. If there is such a conflict, that board member must abstain from voting on an issue when it would inure financial benefit to the party with which he/she has a relationship. Additionally, such conflicts of interest must be reported to the board chairperson.”

“Compensation of the CEO is determined at the discretion of the board of directors and is based upon their evaluation of the particular individuals credentials, experience and historical market data.”

“Employee compensation is determined based on the particular individuals credentials, experience and historical market data. Market data that is revised includes a compensation survey as well as a comparison of salaries on other similar organizations form 990S. The last review was conducted in the FY 2012.”

“The organization makes its governing documents, conflict of interest policy and financial statement available to the public upon request.”

“OTHER PROGRAM SERVICES 4: Case management - provides and coordinates services to developmentally disabled clients to assist them with basic daily living skills to a maximum of 39 clients.”

“depreciation = -$64772”

“PENALTIES = -$129485”

“The organization has a committee that assumes responsibilities for oversight of the audit, financial statement and selection of independent accountant. The process has not change from prior years.”