American Federation for Aging

“The following individuals have a family relationship richard besdine and terrie fox wetle and nir barzilai and laura barzilai.”

“Afar's finance committee performs the initial review of the draft 990 document. The finance committee requests changes as needed and approves the document. After committee approval has been obtained, the members of the afar board of directors are provided with a copy of the final version of the form 990. The executive director then provides approval for efiling with the appropriate agency.”

“At the beginning of each fiscal year, afar directors are sent a copy of the organization's conflict of interest policy for their review and signature. Directors return the executed copies to the organization. Directors are also asked to inform the board chair and executive director of any possible conflicts of interest that arise during the course of the year. Each case reported is evaluated separately and an appropriate determination/resolution is reached.”

“The organization's board of directors has a compensation analysis task force that is empowered to periodically review the compensation of the chief executive (executive director) of the organization and the deputy executive (deputy executive director). The process includes a review of the compensation of executive directors and similar positions at like-minded organizations, review of recent not-for-profit compensation surveys and closed session discussions on the recent overall performance of the executive director and the deputy executive director. The compensation analysis task force, in conjunction with the board chair, sets the compensation of the executive director and the deputy executive director. The compensation review process was last undertaken in august 2022.”

“The governing documents of the organization are available for inspection by the public upon request in electronic or hard copy format. The organization's conflict of interest, whistleblower and document retention policies are available upon request for inspection by the public in electronic or hard copy format. The organization's financial statements are available on afar's website.”

“Steven n austad, phd was compensated $41,500 during the year for services provided to afar as a consultant. He was not compensated for his role as the interim chair on the board of directors. Harvey jay cohen, md was compensated 1,000 during the year for services provided to afar as a consultant. He was not compensated for his role as a director on the board of directors.”

“Grant write offs and refunds 416,176. Changes in beneficial interest in charitable remainder trust 62,043.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”