Stanley M Isaacs Neighborhood Center

“Goddard riverside community center is the sole member of the organization.”

“Goddard riverside community center, a new york not-for-profit corporation,is the sole member of stanley m. Isaacs neighborhood center, inc. As a sole member, goddard riverside community center has the right to elect or appoint members of the organization's governing body.”

“Select governance actions may not be taken without approval of the sole member, goddard riverside community center. These actions include any amendments to the certificate of incorporation of the corporation, a petition for judicial dissolution, disposition of all or substantially all of the assets of the corporation, approval of a plan of merger, authorization of a plan of non-judicial dissolution, and revocation of voluntary dissolution.”

“By agreement and resolution, a member of the board of directors will review theagency 990 annually before it is filed. A copy of the 990 is to be distributed toall board members after filing.”

“The organization currently has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is kept on file and board members may not vote on an issue on which they have a conflict.an "interested person" is any person serving as a director, officer, memberof the board, senior employee, or member of a committee with board-delegated powers of isaacs. Senior employees affected by this policy include the executive director, chief financial and administrative officer, controller, director of senior services, director of youth and family services, development director, and human resources manager. A "family member" is a spouse, ancestor, child, grandchild, great grandchild, brother, sister, or spouse of a grandchild, great grandchild, brother or sister, of an interested person. A "financial interest" in an entity is a financial interest of any kind, which, in view of all the circumstances, would, or reasonably could, affect an interested person's or family member's judgment with respect to transactions to which the entity is a party.an interested person must disclose orally or in writing all material facts related to an actual or potential conflict of interest to the chairperson of the audit subcommittee, who will review the disclosure with the audit subcommittee and reach a determination. During this period, the interested person shall refrain from any personal action, or recuse himself or herself from any decision that might affect isaacs's participation from the affected contract or transaction.following the disclosure by the interested person, and the review and determination by the audit subcommittee, the chair of the audit subcommittee will report the subcommittee's determination to the executive committee and to the interested person. The determination must also include a statement as to whether isaacs should enter into the contract or transaction, given the existence of the reported conflict. This report is necessary whether it is determined that a conflict exists or does not exist.the minutes of the board or committee meeting shall reflect (a) that the conflict of interest was disclosed, (b) the board or committee's decision regarding the conflict of interest, including a statement that the interested person was not present during the final discussion and vote, and (c) that the interested person abstained from voting.each interested person shall, at the beginning of each fiscal year,complete and sign a statement, which affirms that the person has received a copy of the conflict of interest policy, and has agreed to comply to the policy.”

“The compensation of the president and executive director is established by the board of directors based upon the recommendation of the executive committee of the board and is periodically reviewed by a sub-committee of the executive committee focused on compensation. This subcommittee has reviewed appropriate and adequate data, including studies of compensation paid by comparable non-profit organizations, to determine the appropriate level of compensation to be paid to the president and executive director and other key employees. The executive committee's recommendations of changes in compensation levels, if any, are presented to the board for its approval and are documented in the board minutes. The executive committee completed the review in fy23.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting a copy on its website. The form 990 is also published on the internet at www.guidestar.org. In addition, forms 990 and 1023 as well as the financial statements, governing documents, and conflict of interest policy are available upon written request at 415 east 93rd street, new york, ny 10128 or by calling the organization directly at (212)360-7620.”