Green Chimneys School for Little Folk

“The organization did provide a copy of this form 990 to all members of its governing body prior to filing. The return is first reviewed by the finance committee then presented to the entire board.”

“In the past only board members were required annually to sign conflict of interest statements and to disclose any existing conflicts of interest they may have. Key employees, as is the case with all employees, were required each year to sign an acknowledgement that they had received a copy of our standard conflict of interest statement (which is included in our employee manual). The reason for the difference in practices is that board members generally have a range of outside interests and activities while key employees are full-time employees of our organizations and rarely, if ever, have any outside interests to disclose. Nevertheless, we have instituted the practice of having key employees sign the same conflict of interest statement signed by board members.”

“Purpose the purpose of the compensation committee (the "committee") of the board of trustees of green chimneys school for little folk (the "school") and the board of directors of green chimneys children's services, inc. (the "agency", the school and the agency being hereinafter referred to as "green chimneys") is to assist the boards of green chimneys (collectively the "board") in fulfilling its oversight responsibilities with respect to the total compensation (as hereinafter defined) of the executive director and the associate executive directors of green chimneys (collectively the "executives"). As used in this charter, the term "total compensation" shall mean base salary, bonuses and all employee benefits and perquisites including, without limitation, medical and health plans, pensions, profit sharing plans, deferred compensation plans, life insurance and other benefits and perquisites now or hereafter granted or paid to the executives, or any of them. The committee is authorized to approve and recommend to the board for its approval compensation and benefit policies, strategies and pay levels necessary to support green chimneys' short and long term goals. In addition, the committee is authorized to evaluate the performance of the executives and report its findings and recommendations to the board. Committee membership the committee shall be comprised of at least three members of the board who meet the independence requirements of applicable law and are free of any relationship that would interfere with their exercise of independent judgment. The board shall appoint a chairperson of the committee who, when present, shall preside at all meetings of the committee. One-half of the committee members, but no fewer than two, shall constitute a quorum. A majority of the committee members present at any meeting at which there is a quorum may act on behalf of the committee. The committee shall meet at least two times annually and shall report to the board on its findings and recommendations. The committee shall maintain minutes of all of its meetings which document its activities, decisions and recommendations. Authority the committee shall have the resources and authority necessary to discharge its duties and responsibilities. The committee shall have the authority to retain outside counsel, compensation consultants and other experts and consultants, but only if the committee believes that the retention of any such counsel, consultants or experts is necessary in order to enable the committee properly to discharge its obligations. The foregoing authority shall include, without limitation, the right to approve the fees and terms of retention of, as well as to terminate, any such counsel, consultant or expert. Green chimneys shall be responsible for paying the compensation of any such counsel, consultants or experts retained by the committee. It is understood, however, that any decisions made by the committee as to the total compensation of any of the executives shall be submitted to the board for approval and the board shall have the final authority with respect thereto. Responsibilities the principal responsibilities of the committee shall be as follows: 1. Compensation philosophy. The committee shall establish green chimneys' general compensation philosophy and submit such philosophy to the board for approval. 2. Executive compensation. The committee shall annually review and determine the total compensation of each of the executives and submit its determinations to the board for approval. In determining the compensation of the executives, the committee shall consider, among other factors it may deem appropriate, the performance of each of the executives in achieving green chimneys' goals and objectives and the total compensation received by executives performing similar roles at other institutions comparable to green chimneys in, but not limited to, the greater new york city metropolitan area. If deemed appropriate by the committe”

“AVAILABLE UPON REQUEST”

“"number of voting members of the governing body and "number of independent voting members of the governing body" are both answered 22 in both green chimneys childrens services and green chimneys school for little folk, which are related organizations, therefore reporting duplicate responses. Green chimneys childrens services and green chimneys school for little folk have a common governing board.”

“The organization's audit oversight and selection process has not changed from the prior year.”

“The total number of employees as reported on the w-3 is 869. This is split between the related organizations as follows: green chimneys children's services number of employees is 428 and green chimneys school for little folk number of employees is 441.”

“Green chimneys school for little folk payroll is paid out of green chimneys children's services. (see green chimneys children's services, inc 2023 form 990)”