Covenant House Alaska

“The sole corporate member of covenant house alaska is its parent organization, covenant house, d/b/a covenant house international.”

“Covenant house alaska's (cha) parent organization, covenant house international has the right to elect or appoint officers and board members of cha's board of directors.”

“The following decisions for the governing body are subject to approval by cha parent organization, covenant house international - amendment or repeal of the by-laws, increase or decrease in the number of board of directors and appoint/remove members of the board and the officers.”

“Covenant house alaska's (cha) form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to the full board of directors prior to filing with the internal revenue service.”

“The organization requires annual disclosure and affirmation of the conflict of interest policy by all officers, directors and key employees. The disclosure statement required each officer, director, and key employee to disclose any business or personal interests, direct or indirect, that the person may have in an organization that completes with or does business with covenant house international or any other organization business/ agency affiliated with covenant house international. If a conflict is determined to exist, it must be reported and addressed to the satisfaction of the organization. Any other person having a conflict, and attending said meeting, shall retire from the room in which the board or committee is meeting and shall not participate in the final deliberations or decisions regarding the matter under consideration. Any interested director shall also abstain during such vote. The minutes of the meeting of the board or committee shall reflect that the conflict of interest was disclosed and that the interested person was not present during the final discussion or vote and did not vote. A summary of the annual conflicts of interest and copies of the conflicts of interest reports from the directors, executive director, and officers of the organization are also sent to the parent organization, covenant house international. The parent, covenant house international also ensures the annual conflicts of interest reports are accomplished for each affiliate and that the required information is sent to them.”

“The executive director's compensation is determined by the executive committee working in conjunction with the president of covenant house international (parent). Our parent company, covenant house international (chi) hired a consultant to do a salary comparison, create a formula and recommendations for implementing salary structure for the executive directors throughout the covenant house network. The board of covenant house alaska approved the proposed salary changes for our executive director. Any increase in the overall salaries for the organization are reviewed in the budgeting process with the finance committee and presented to the board of directors for final approval. Records of executive committee's compensation decisions are maintained in the covenant house (parent) human resources department record. This process was last undertaken in fiscal year 2015. Compensation for other officers and key employees are based on annual evaluation conducted by the executive director. The executive director uses performance and salary survey to calculate the compensation for other officers and key employees. This process was last undertaken in fiscal year 2015.”

“The organization's audited financial statements and form 990 are posted on its website. The governing documents, conflict of interest policy and financial statements are all available for public inspection upon request at 755 a street, anchorage, ak 99501.”

“A donee organization must file a separate form 1098-c, contributions of motor vehicles, boats, and airplanes, with the irs for each contribution of a qualified vehicle that has a claimed value of more than $500. A qualified vehicle is any motor vehicle manufactured primarily for use on public streets, roads, and highways. However, property held by the donor primarily for sale to customers, such as inventory of a car dealer, is not a qualified vehicle. Since the organization received a donated car directly from the dealership, no form 1098-c was required to be filed.”

“Change in value of beneficial trust -1,267. Rounding -1.”

“The process for selecting an independent accountant and establishing a committee that assumes responsibility for oversight of the audit has not changed from prior years.”