Brownsville Community Development

“The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared it is reviewed by the controller, cfo and ceo. After their review, a copy is provided to the board for review before it is filed with the internal revenue service.”

“All directors, officers and key persons, at least annually, file a written conflict of interest disclosure statement with the compliance officer. The compliance officer collects the statements and may also collect other relevant documents or information relating to the statements. For directors, the conflict of interest disclosure statement will specifically include, among other disclosable conflicts of interest, a statement identifying, to the best of the director's knowledge, any entity of which he or she is an officer, director, trustee, member, owner (either as a sole proprietor or a partner), or employee and with which the health center has a relationship, and any transaction in which the health center is a participant and in which the director might have a disclosable conflict of interest. The compliance officer will conduct a full review of all matters that raise an actual or potential conflict of interest, or that create the appearance of an actual or potential conflict of interest. The affected individual(s) will be permitted, to present information as background or answer questions concerning the matter at a board meeting prior to commencement of deliberations or voting on the matter. The affected individual(s) will be excluded from being present at or participating in the deliberations or voting on the matter.”

“Every 2-3 years, the organization seeks to evaluate the key employees and c-suite employees to ensure that salary is comparable to that of the market (utilizing similar size, revenue, direct reports, etc.). Hr director reaches out to the third-party consultant (compensation resources) to initiate the process via the order of the ceo. Compensation resources provides the service and final recommendation. Hr director shares the information with ceo but reviews with cfo. Ceo and cfo recommends date adjustments are to be made. The process was done in 2024.”

“The organization makes its governing documents, conflict of interest policy, form 990, and financial statements available to the public upon request.”

“The organization has a committee that is charged with oversight of the audit and selection of the independent accountant. This process is unchanged from last year.”