Franciscan Community Center

“A copy of the draft form 990 was presented to the audit and Finance committee for discussion and comment. Once finalized a copy was provided to the entire board of trustees. Each board member was provided with an opportunity to comment on the information contained in the form 990 prior to its filing with the Internal Revenue Service. Form 990, Part VI, Line 15a Process for Determining Compensation The FCC undertakes a comprehensive process to determine the executive compensation paid to its executive director. To assess the executive director's compensation, comparability data from non-profits of similar mission focus, budget size and geographic region is gathered from publicly available salary surveys. The executive director's compensation is then discussed with the executive committee and sumbitted to the board of directors for comment and approval. Any potential salary increases are documented in committee meeting minutes.”

“The organization makes its Form 990 available to the public by retaining a copy at its place of business. The form 990 is also published on the internet at www.guidestar.org. All policy statements, governing documents, and financial statements may be provided at management's discretion, if requested. Form 1023, FCC's IRS exemption letter, bylaws and certificate of incorporation can be found on the New York State Charities website - www.charitiesnys.com.”

“This conflict of interest policy is designed to foster public confidence in the integrity of the Franciscan Community Center (the "Organization") and to protect the Organizations interest when it is contemplating entering a transaction that might benefit the private interest of a trustee, associate trustee, director, or key employee. Members of the Board, whether Executive Advisor, Trustee, or Associate Trustee, shall not personally benefit as a result of their Board involvement, except for reasonable compensation of services rendered. 1. Duty to Disclose: Board members who serve as an employee or volunteer in a decision making capacity on behalf of another organization which the Organization is working or transacting business with shall inform the Board Chair and the Executive Director as to their involvement in the said organization. In the case of Board Chair, the Executive Advisor shall be so informed as well. Each Insider shall disclose to the Board all material facts regarding his or her interest in the Transaction, promptly upon learning of the proposed Transaction. 2. Determining Whether a Conflict of Interest Exists: The Board shall determine if a conflict of interest exists. The Insider(s) and any other interested person(s) involved with the Transaction shall not be present during the Boards discussion or determination of whether a conflict of interest exists, except as provided in Article IV below. 3. Procedures for Addressing a Conflict of Interest: The Board shall follow the procedures set forth in Article IV in order to decide what measures are needed to protect the Organizations interests in light of the nature and seriousness of the conflict, to decide whether to enter into the Transaction and, if so, to ensure that the terms of the Transaction are appropriate. Prior to initial appointment, and annually thereafter, each trustee, each associate trustee, each director, and each key employee of the Organization, shall annually sign a statement on the form attached, that: 1. Affirms that the person has received a copy of this conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and 2. Discloses the persons financial interests and family relationships that could give rise to conflicts of interest. The Organizations management shall collect all statements via the form attached from each trustee, each associate trustee, each director, and each key employee of the Organization and forward to the attention of the Committee. In turn, the Committee shall report on the results and annual compliance to the Board. Part XI, Line 9 Adjustmenet due to liquidation ($63,261)”

“The Franciscan Community Center is in the process of winding down operations. The board voted in 2017 to move forward with dissolving the organization.”