Albany Police Athletic League Inc

“The audited financial statements and form 990 are reviewed by the organization's treasurer, executive director, board president and members of the finance and audit committee prior to finalizing. Once finalized, these documents are provided to all members of the board of directors for review prior to filing with state and federal agencies.”

“At the time a director commences his or her affiliation with the albany pal, he/she submits in writing a list of business or other organizations, both for-profit and not-for-profit, which he/she is affiliated with. Such list is updated by the director in their annual conflict of interest (coi) statement filing. Pursuant to new york state law, the chairperson of the finance and audit committee reviews all cois to determine whether any conflicts of interest exist that require further attention and discussion. At such time as any matter comes before the board of directors that creates or could reasonably be expected to create a conflict of interest, the director so affected shall promptly disclose the conflict of interest and shall withdraw from any discussion or vote on such matter under consideration by the board. Further, any director who has not completed and filed their annual coi is precluded from participating in any discussion or vote on matters under consideration by the board.”

“The executive director periodically reviews and adjusts all employee salaries/wages during the year shortly after completion of employee performance appraisals. With respect to the executive director's salary - annually, the chair of the human resources committee conducts a review of compensation studies that provide the range of executive director salaries for comparably sized agencies in the albany area and reports the results of this review to the executive committee for consideration. The executive committee makes a decision on salary adjustment, if any, that is supported by the results of the hr review of compensation studies and the annual performance appraisal conducted by the board president for the executive director.”

“The organization's governing documents, financial statements and tax return are available to the public on request. The financial statements and tax returns are also available on the nys attorney general's charities bureau website.”

“The organization has a finance & audit committee charged with selection of the independent auditor, oversight of the annual audit, and approval of financial statements, tax returns and disclosure information contained therein. There has been no change from the prior year.”