Community Resource Exchange Inc

“While notes are taken during committee meetings and recommendations of the committees are noted in board meeting minutes, separate formal minutes of committee meetings are not prepared.”

“The process used by community resource exchange, inc. To review form 990 before filing is: 1. External auditing firm prepares cre's 990; 2. 990 is reviewed by management and an electronic draft is forwarded to the finance/audit committee of the board of directors for review and comments; 3. Staff and finance/audit committee comments are discussed with auditors and a final draft is created; 4. A final draft is forwarded to the board of directors which is given 3-5 business days to review. 5. Comments from the board of directors are forwarded to and addressed by management. 6. Following board approval, management approves 990 for filing and 990 is filed with irs.”

“Cre requires its directors, officers and key employees to disclose to the board chair or his designee prior to the opening of any negotiations or discussions concerning a transaction. In addition to this continuing obligation, interested persons covered by the policy must again disclose potential conflicts from the previous year at the end of each fiscal year. All interested persons covered by the policy must prepare a brief letter describing the transaction, their interest in it, and why the transaction is in the best interest of cre. The transaction is then reviewed carefully to ensure that it should be entered into. If a conflict of interest exists, the interested party is excluded from the board discussion and approval of such transactions.”

“The process used by cre for determining and documenting compensation for the president & ceo is: 1. Cre human resources (hr) staff compiles a survey on compensation paid by similarly situated organizations for comparable positions and provides the data to the cre hr board human resources committee; 2. The board human resources committee reviews the comparability data; 3. The human resources committee compares the proposed salaries for the employee with the comparable data, determines the reasonableness of the proposed compensation package. If the committee determined the reasonable compensation is higher or lower than the range of comparable data obtained, they articulate the basis for determination; and 4. The human resources committee takes the ceo compensation recommendation to the full board for approval.”

“Cre makes its audited financial statements and 990 available to the public by posting them on its website. In addition, cre's governing documents, conflict of interest policy, and financial statements are available to the public upon written request at 228 park ave s pmb 78695 new york, ny 10003-1502 or by calling (212) 894-3394.”

“In february 2021, cre received a second loan totaling $587,242 under the paycheck protection program, a business loan program established under the cares act. In november 2021, the sba authorized this loan to be forgiven and considered paid in full. Cre has recorded the loan as part of government grants and contract revenue in 2022.”

“Community resource exchange (cre) is a nonprofit consulting firm that provides the strategies and tools needed to build sustainable, high-performing organizations that improve people's lives and drive social change. We specialize in serving organizations that have deep roots in urban communities, particularly those groups working to fight poverty, promote equity, and expand opportunity. Cre was founded in 1979 with a vision to help community leaders build impactful and long-standing organizations to address the needs of people living in poverty. Since our beginning, we have been providing all aspects of capacity building support to nyc based nonprofits including leadership development, strategic planning, board development, and helping leaders effectively manage change and growth. We have developed a key set of core competencies: consulting, peer based learning, training, and coaching. Central to our approach is our commitment to advance racial equity and integrating a diversity, equity, and inclusion (dei) lens within all of our offerings. We provide customized support and tools needed to ensure effective leadership, high-performing staff, financial sustainability, and impactful programs; together these crucial elements allow organizations to serve their communities as effectively as possible. Cre has four main service lines: (i) strategy and planning, which aligns stakeholders, sets clear goals for success, and supports organizations in making effective use of limited resources to ensure sustainability while maximizing and measuring impact; (ii) organizational management, where customized assessment tools and methods are used to help organizations determine what changes they should implement; (iii) talent and innovation, which focuses on developing practices, processes, and systems that attract, develop, and retain talent, but goes deeper to address team effectiveness, culture change, and executive search; and (iv) leadership development, which strengthens the leadership capabilities of established and emerging nonprofit leaders through peer-based learning, customized training, and executive coaching. Our programs are delivered through one-to-one consulting, peer-based learning, training, coaching, and assessment.”

“Started over 40 years ago, our work today supports and strengthens over 500 social sector organizations annually. Through this work, we impact the lives of over 3.5 million people each year who are affected by pressing social issues such as, education, housing, workforce development, and community revitalization. Cre's four service lines strategy and planning, organizational management, talent and innovation, and leadership development are delivered in the following modalities: one-to-one consulting, peer-based learning, training, coaching, and assessment. Strategy and planning cre approaches planning as a process in which the best decisions are made now to then guide the organization in the future. We partner with our clients to ensure they are informed by meaningful data including input from both their constituents and stakeholders that leads to implementable decisions. Planning aligns stakeholders, establishes clear goals for success, and supports organizations in sustaining the most effective use of limited resources while maximizing measurable impact. The end-goal of all planning engagements is to enable nonprofits to better achieve their missions in a financially sustainable way. Strategy and planning offerings include: theory of change, strategic planning, business planning, program planning, outcomes measurement, community collaboration, and strategic alliances. Organizational management cre understands that nonprofits operate in a complex environment and works with them to prioritize impact and sustainability as they grow. We use customized assessment tools and methods to help organizations determine what changes they should implement, when, and why. We partner with each nonprofit client to achieve these results, paying close attention to what is required to envision and manage change. Whether it is board development, hr management, or risk assessment, our team's extensive knowledge paired with our practical approach allows nonprofits to achieve better results. Organizational management offerings include: board development, organizational assessment, risk management, change management, financial management, human resource management, and implementation support. Talent and innovation at cre, we believe that having the right people in the right roles is essential to an organization's growth and success. Our talent management and innovation practice not only focuses on developing practices, processes, and systems that attract, develop, and retain talent, but also addresses team effectiveness, culture change, and executive search. We also challenge ourselves and our clients to use approaches that foster innovation by putting the recipients of a nonprofit's services at the center of organizational planning, so that together we develop bold ideas that better serve our communities. These offerings include: innovation; diversity, equity, and inclusion; culture change; team effectiveness; executive search; and talent management. Leadership development building effective leaders is at the heart of what we do at cre. We strengthen the leadership capabilities of established and emerging nonprofit leaders through peer-based learning, customized training, and executive coaching. Because most people learn best by doing, we use adult learning theories in our leadership development trainings and coaching activities.”