Care for the Homeless

“The form 990 was prepared by an independent accountant. A copy of the form 990 is reviewed extensively by the cfo who discusses the 990 information with the preparer until all questions and concerns are addressed. The form 990, after approved by the management team, subsequent to any changes based on discussions with the preparers, is sent to all board members before it is filed with the irs.”

“Prior to election to the board of directors (board) or as an officer, and annually thereafter, all directors and officers shall disclose in writing, to the best of their knowledge, any interest involving any individual or entity that provides any goods or services to the corporation for a fee or other compensation. A copy of each disclosure statement shall be available to any director of care for the homeless on request. The disclosure statement shall be a form that has been previously approved by the board. If, at any time during his or her term of service, a director or officer has any interest that may pose a conflict of interest, or may otherwise relate to a potential transaction or arrangement of care for the homeless, the director of officer shall promptly disclose the material facts of that interest in writing to the executive committee of care for the homeless. When any matter in which a director of officer has an interest comes before the board or a committee of the board in any manner, or when care for the homeless proposes to consider a potential transaction or arrangement with an entity in which a director or officer has an interest, then the director or officer shall immediately disclose the interest to the board of to the applicable committee. Subject to the bylaws of care for the homeless and to applicable law, no director shall vote on any matter in which he or she has an interest; provided that the foregoing shall not prohibit the director from being counted in determining the presence of a quorum at any meeting in which such a vote occurs. A director or officer who has an interest in a matter may not be present in the room during, or participate in, discussions of the board or of a committee regarding such matter. Notwithstanding the foregoing or any other provision of this conflict of interest policy, the board of the applicable committee, by majority vote, and after full disclosure of the nature of the interest by the director or officer, may permit such presence and participation by the interested director or officer; provided, however, that the interested director or officer shall have no right to be present at, or to participate in, discussions or voting by the board of committee relating to such permission.”

“The board approves the ceo salary by subscribing to annual not-for-profit salary surverys and implementing an objective and comprehensive evaluation criteria. Other officers and key employees annual compensation goes through similar processes.”

“All governing documents are available to the public upon request.”

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