Asian Americans Advancing Justice - Aajc Inc

“The form 990 was prepared by the outside accountants. A draft copy of the 990 was provided to the audit committee of the board of directors after the document was reviewed by the vp, finance and operations and the director of hr and administration, legal counsel and aajc's accounting firm. The audit committee meets with the auditor to discuss any issues or have any questions addressed regarding the 990. The final review of the draft 990 was completed by the president and executive director of aajc before the document was finalized. The full governing body of the board of directors was provided a copy of the finalized 990 for review. Thereafter, the finalized 990 was signed and forwarded to the irs.”

“The board of directors are provided with an annual conflict of interest questionnaire that they must complete indicating if there are any financial, personal or professional conflicts of interest that would impact their ability to govern and complete their term on the aajc board of directors. In the event a conflict of interest arises, the organization obtains all of the material facts and circumstances regarding the conflict, including details of the relationship or interest which give rise to the conflict. The organization also ensures that all material facts and circumstances regarding the proposed transaction are fully disclosed or are known to the organization, including the organization's legal counsel. In the event the person or persons whose relationship gave rise to the conflict are members of the board of directors, then such person or persons recuses themselves from the discussion and vote of the remaining disinterested members of the board of directors. In the event the person or persons whose relationship gave rise to the conflict are staff members of the organization, then such person or persons recuses themselves from the discussion and decision made by the appropriate disinterested senior staff members. Employees are required to sign a conflict of interest policy annually.”

“Our board of directors approves salary adjustments for our president and executive director. We use several sources to compare the salary range for our president and executive director such as human research resource data; form 990s with comparable organizations; and benchmarking with our liaison organizations. The last compensation review took place on december 2024. The deliberations and decisions are documented in the executive board minutes. Our president and executive director approves all salary adjustments for staff. We use several sources to compare the salary range for our staff members such as human resource research data; compare form 990s with comparable organizations that have the same budget and we also use professional source guides to assist us with determining the level each staff member is (senior versus junior). The compensation of the executive team members who report directly to the president/executive director is reviewed and approved by the compensation committee.”

“Our organization's financial statements are posted on our website. Our conflict of interest, policy on misconduct and other governing materials are made available upon request.”

“Communications: program service expenses 392,419. Management and general expenses 98,045. Fundraising expenses 7,425. Total expenses 497,889. Research: program service expenses 752,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 752,548. Evaluation: program service expenses 8,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,500. Litigation: program service expenses 7,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,695. Graphics: program service expenses 52,432. Management and general expenses 13,108. Fundraising expenses 0. Total expenses 65,540. Hr: program service expenses 0. Management and general expenses 166,138. Fundraising expenses 0. Total expenses 166,138. Other professional : program service expenses 0. Management and general expenses 133,045. Fundraising expenses 0. Total expenses 133,045.”