Nysarc Inc Rockland County Chapter

“Nysarc, inc. Is a unitary corporation consisting of its 45 chapters. Nysarc, inc. Rockland county chapter is one division of the corporation. The corporation and chapter's governing body is the board of governors representing the individual membership in each chapter's jurisdiction. Each chapter has one primary and one alternate governor with a weighted vote based on membership. The corporation through its bylaws delegates day-to-day operating authority to the chapter's board of directors. The executive committee of the board of governors (see part vi, line 7a below) comprises the corporation's elected officers and exercises all powers of the board of governors between plenary meetings of the governors.”

“The organization's members elect the officers and directors of the chapter annually. In turn, those chapter board members nominate the officers and directors of the corporation.”

“Form 990 was prepared by a national renowned accounting firm in conjunction with the organization's financial department. Draft of 990 was reviewed by the c.f.o., c.e.o. And controller and then to all members of the board of directors in draft in our board meeting via electronic mail, with the opportunity for them to comment or make inquiry before it was filed with the internal revenue service.”

“Each member of the board of directors and key employees, prior to assuming their responsibilities for the corporation, an annually thereafter, shall sign and submit to the secretary of the corporation, a statement or statements which affirm such person has read and understand the conflict of interest policy, agrees to comply with the policy, and understand that the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. A conflict of interest committee will review any potential conflict of interest referred by the human resource department.”

“During the first quarter of each year an independent outsource firm, delark hr solutions performs a compensation study for all executive level staff (i.e., including executive director and other officers and key employees of the organization). The results for 2014 and 2015 determined that compensation for all executives were below the 75th percentile for both base and total compensation. After consideration of the compensation studies, the compensation of these individuals was approved by all independent board members and the board minutes reflect the approval, comparability data, and contemporaneous substantiation of their deliberation and decision.”

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

“compensation reported on part vii for JANE ZEMON is for her position as CHIEF PROGRAM OFFICER for 1/1/2021 thru 10/10/21 and Chief Executive Officer effective 10/11/21. compensation reported on part vii for JESSICA PIZZUTELLO is for her position as MANAGING DIRECTOR, RESIDENTIAL SERVICES for 1/1/2021 thru 10/10/21 and CHIEF PROGRAM OFFICER effective 10/11/21.”

“The organization ceased conducting Respite/Recreation program Services.”

“Impairment of programmatic investment..$(4,071,152) allowance on related party receivable....$(100,000) total..................................$(4,171,152)”