New York Restoration Project

“An independent accounting firm prepares the form 990 and the form 990 is then reviewed by the organization's audit committee. A copy of the final form 990 is provided to all board members prior to filing.”

“The organization has a conflict of interest policy that covers all board members, officers, and key persons. Along with an annual disclosure form, all covered individuals are required to disclose any changes of interest or transactions that may be a potential conflict during the year. The independent board members review any potential conflicts and determine whether any actual conflict exists. Any interested board member is recused from participating and voting on the discussions and decisions involving such conflict.”

“15a: in determining compensation for the organization's executive director, an independent compensation consultant conducts a salary review using comparable data of similarly sized organizations in the non-profit sector. The consultant confirms or substantiates the proposed salary through employment agencies. Based on the consultant's findings, the independent board members review and approve the officers compensation. The process and decisions are documented contemporaneously. 15b: in determining compensation for the organization's officers and key employees, an independent compensation consultant conducts salary reviews using comparable data of similarly sized organizations in the non-profit sector. The consultant confirms or substantiates the proposed salaries through employment agencies. Based on the consultant's findings, the independent board members review and approve the officers' compensation. The process and decisions are documented contemporaneously. In fiscal year 2021, an independent executive search firm was engaged to identify, screen, and guide interviews for candidates for chief financial officer as well as determine the appropriate compensation level. The hiring decision was made in fy22 by a committee of senior staff and board members.”

“The organization makes its governing documents, conflict of interest policy, financial statements, and form 990 available upon request. In addition, the form 990 is posted on guidestar.org and other similar types of websites.”

“Jeffrey manzer was paid in the capacity of an independent contractor through december 2021. He was employed as the chief financial officer since december 2021.”

“The organization has a committee that assumes responsibility for the audit of its financial statements and the selection of an independent accountant. The process has not changed from the prior year.”