Neighborhood Coalition for Shelter Inc

“Ann ross loeb, director, and rachael piltch-loeb, director, have a family relationship.”

“1. The completed 990 form and char 500, which are prepared by an independent accountant, are presented to the audit committee of ncs for review and approval. 2. Members of the board of directors review the final 990 and char 500 forms before submission to the irs and new york state. 3. Should an extension for filing be necessary, the board will be informed by the executive officer as to the reason(s) for extension and will review the final forms prior to the deferred filing date.”

“Each director, officer and member of a committee of the board annually signs a statement which affirms that such person: (a) has received a copy of conflicts of interest policy, (b) has read and understands this policy, and (c) has agreed to comply with this policy. If the board or committee thereof has a reasonable cause to believe that an interested person has failed to disclose an actual or possible interest, it shall inform the interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If after hearing the response of the interested person and making such further investigation as may be warranted in the circumstances, the board or committee determines that the interested person has in fact failed to disclose an actual or possible interest, it shall take appropriate disciplinary and corrective action which may include reconsideration of whether the transaction or arrangement was in the best interests of and was fair and reasonable to the corporation at the time it was undertaken. To ensure that the corporation operates in a manner consistent with its charitable purposes and its federal tax exemption, periodic reviews will be conducted by board of directors, in appropriate cases, to determine whether compensation and benefits arrangements and other transactions are reasonable and the result of arms-length negotiation.”

“1. Review and approval of compensation for the executive officer, chief financial officer and director of development by the finance committee of the board of directors provided person(s) with conflict of interest with respect to compensation are not involved in the process. 2. Use of data as to comparable compensation for similarly qualified persons in comparable organizations. 3. Minutes shall be kept for all board meetings regarding decisions made as to compensation arrangements. The chair of the search committee shall maintain files related to searches for the executive officer. Records regarding the search for any other positions shall be maintained by the human resources department of ncs.”

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

“The process has not changed from the prior year.”