Covenant House New Jersey Inc

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

“Covenant house new jersey (chnj) parent organization, covenant house international has the right to elect or appoint officers board of directors of chnj.”

“The following decisions for the governing body are subject to approval by chnj 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.”

“The form 990 is prepared by an independent accounting firm in conjunction with the organization's accounting department and then reviewed by the parent organization, covenant house international, and the chief executive officer of the organization. The chief financial officer/treasurer reviews the draft and forwards it to the chief executive officer for final review. The final copy of the form 990 is electronically provided to each member of the governing body prior to filing. The organization requests that every director review the form 990 for accuracy and completeness prior to filing.”

“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 competes with or does business with covenant house new jersey or any other organization business/ agency affiliated with covenant house new jersey. 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 chief executive officer's compensation is determined by the compensation committee working in conjunction with the president of covenant house international (parent). A salary structure and range were determined using a compensation committee and independent consultant for the chief executive officer. Factors considered were the size of the agency budget, program size and complexity, local market compatibility, and the cost of living, with compensation approved by the chnj board of directors. Compensation is set for key employees and other officers based on financial stability of the organization. Annual increases of 3% are granted to employees in good standing as of july 1st. These increases are approved by the board and documented in the board minutes. Records of executive committee's compensation decisions are maintained in the covenant house international (parent) human resources department record. This process was last undertaken in fiscal year 2024.”

“The organization's audited financial statements and form 990 are posted on its website, www.covenanthousenj.org. The governing documents, conflict of interest policy and financial statements are all available for public inspection upon request.”

“In 34 cities across five countries, covenant house builds bridges to hope for young people facing homelessness and survivors of human trafficking. We meet their immediate needs for food, clothing, protection, and medical care; support them to advance their goals of education and employment; and offer homelessness prevention and aftercare services to reduce the risk of a young person becoming homeless in the first place and the likeliness of recurring homelessness. Covenant house encompasses a robust network of "houses," with best-in-class services and a shared commitment to unconditional love, absolute respect, and relentless support for each young person who comes to our doors. Founded as a drop-in center in new york city in 1972, covenant house now serves tens of thousands of children and youth every year in our residential, outreach, drop-in, prevention, and aftercare programs. Our dedicated staff across the united states, guatemala, honduras, mexico, and canada employ a strength-based, trauma-informed program model that helps young people discover and develop their power to overcome adversity now and into the future. Our north star is to end youth homelessness as we know it today. Young people arrive at covenant house with an array of lived experiences, including foster care, family trauma, substance use, mental health issues, domestic violence, sexual abuse, displacement, and human trafficking. Youth may come to us scarred by anti-lgbtq+ discrimination and violence, or as parents of small children, or pregnant. Our staff meet them where they are, help them stabilize their situation, and accompany them, through our high-quality services, on their journey to wholeness and independence.”

“Change in beneficial interest in perpetual trust 130,169.”

“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.”