H T Dance Company-Chen Dance Center

“Process the organization uses to review the form 990: finance committee reviews form 990. A final review and approval is done by the board of directors at which time the 990 is filed with the irs.”

“Process the organization uses to monitor and enforce compliance with the conflict of interest policy: conflict of interest policy governs the activities of the board and staff of h.t. Dance company, inc. / chen dance center. It is the duty of all board members and staff to be aware of this policy, and to identify conflicts of interest and situations that may result in the appearance of a conflict and to disclose those situations/conflicts/or potential conflicts to (i) the employee's supervisor (ii) the artistic director, (iii) the chair of the board or (iv) the compliance officer, or other designated person, as appropriate. Board members and senior staff will annually disclose and promptly update any disclosures previously made on an annual conflict disclosure questionnaire form provided by the organization that requests them to identify their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members as well as other nonprofit organizations. Board and staff are also urged to disclose conflicts as they arise as well as to disclose those situations that are evolving that may result in a conflict of interest. Advance disclosure must occur so that a determination may be made as to the appropriate plan of action to manage the conflict. Staff should disclose to their supervisor/artistic director and board members should disclose to the board/chairperson of the board as soon as the person with the conflict is aware of the conflict/potential conflict or appearance of a conflict exists. For each interest disclosed, the full board, or the executive director or the chairperson of the board, as appropriate, will determine whether the organization should: (a) take no action or (b) disclose the situation more broadly and invite discussion/resolution by the full board of what action to take, or (c) refrain from taking action and otherwise avoid the conflict. The chairperson of the board/executive director will monitor proposed or ongoing transactions of the organization (e.g., contracts with vendors and collaborations with third parties) for conflicts of interest and disclose them to the board and staff, as appropriate, whether discovered before or after the transaction has occurred.”

“Process organization uses to deternime compensation: all salaries will be consistent with salaries of new york city nonprofit organizations of similar size and scope of work. The board of directors is consulted and informed of any salary adjustments. The executive director/artistic director and the associate director/education director salaries have not been increased for the past several years”

“Process organization uses to make form 990 available for public inspection: form 990 is available to the public in organization's office upon request.”

“Process organization uses to make documents available for public inspection: organization's governing documents, conflict of interest policy and financial statements are available for public inspection in organization's office upon request.”

“Professional fees: program service expenses 57,205. Management and general expenses 6,120. Fundraising expenses 0. Total expenses 63,325.”

“Board review and approve before the return is filed.”