Grace Smith House Inc.

“Grace smith house, 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 is electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“The conflict of interest policy is applicable to all board members and officers of the organization. After disclosure of the conflict of interest and all material facts, and after any discussion with the interested person, the board shall discuss the potential conflict of interest and vote upon whether to proceed with the transaction or agreement. An interested person shall not participate in or be permitted to hear the board's discussion on the potential conflict of interest. An interested person shall not vote on the issue or attempt to exert his or her personal influence with respect to the matter. An interested person's ineligibility to vote shall be reflected in the minutes of the board meeting. Annually all board members and officers shall sign a statement affirming that they have read and understood the organization's conflict of interest, and that any actual or potential conflicts have been disclosed.”

“Each job in the agency is assigned to a salary level. Within each level there is a minimum salary and a maximum salary. Once an employee reaches the maximum salary, the employee is no longer eligible to receive a salary increase. Exceptions for an employee who is paid outside the range must be approved by the human resource committee. The executive director and cfo's salaries are determined by the executive committee and the chair of human resource committee. The salary is based on a review of comparable salaries in other agencies in the region. The board approves the salary of the executive director and the cfo at the same time as the approval of the operating budget, and such approval is documented in the board minutes. This approval of salaries was last done in 2020 as an integrated component of the annual agency budget approval process.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation, form 990, form 1023, conflict of interest policy, and by-laws are also available upon written request or by calling the organization directly.”

“The mission of grace smith house, inc. Is to enable individuals and families to live free from domestic violence by: 1. Providing shelter and apartments, advocacy, counseling and education 2. Raising the consciousness of the community regarding the extent, type and seriousness of domestic violence 3. Initiating and taking positions on public policies in order to provide options which empower victims of domestic violence”

“Board member sandra jackson received compensation from the organization during calendar year 2020. The compensation reporting in part vii is not for her role as a board member, but rather she was hired for a short term project to serve as an hr consultant during a review of the department.”

“Loss on disposal of assets -2,223.”

“The organization has an audit and finance committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”