Big Apple Greeter Inc.

“Effective 8/16/12, the organization amended article ii, section 5 of the by-laws to outline the process to create, staff and operationalize an executive committee, other standing committees, and special committees of the board of directors.”

“Big apple greeter, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it's submitted electronically to members of the organization's governing body for any comments prior to its submission. Any comments are then grouped, summarized and provided to the compliance officer or committee in charge of filing the return for their review. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Big apple greeter, inc. Currently has in place a conflict of interest policy, which it periodically monitors and enforces. The policy applies to the members of the board of directors, immediate family of the members of the board of directors, and employees of the organization. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is documented in the board minutes. In the event that the board considers an issue that involves the financial relationship between big apple greeter, inc. And a member of the board, the board member will disclose to the board the financial relationship that the particular board member has, with respect to the issue at hand. The board member shall refrain from voting on the matter.”

“Big apple greeter, inc. Has established a written compensation policy for their compensation committee to follow in establishing the compensation for the executive director. The policy mandates that executive compensation be periodically reviewed by the compensation committee and that the committee should be free of conflicts of interest. In addition, the approving compensation committee needs to review appropriate and adequate data to determine the reasonableness of compensation being considered. The compensation committee uses a variety of information and studies that are available to determine that the appropriate level of compensation is being paid to its executives. The compensation committee's decision on the amount of compensation paid is required to be adequately documented in a contemporaneously written format and should document the date of the decision, the members present during the decision and those who voted on it, the full terms of the transaction that was approved and the comparable data used and relied upon to make the decision. The last comprehensive review was done in 2009. Salary increases are dependent upon a positive performance review and the availability of budgeted funds.”

“Big apple greeter, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on www.guidestar.org and other similar types of websites. In addition forms 990 and 1023 as well as the financial statements, conflict of interest policy and whistleblower policy are available upon written request at 1 centre street, suite 2312, new york, ny 10007 or by calling the organization directly at (212) 669-2578.”

“Reversal of grant expenses (fy 13) -2,989.”

“The organization has a committee that oversees the audit and the selection of the independent accountant. This process has not changed from the process followed in the prior tax year”

“The organization was notified that an adjustment in grant expenses was required from the fy 13 nyc small business services grant. Accordingly, ($2,989) was reported in the 2014 form 990, part xi, line 9 as reversal in grant expenses.”