West Virginia Community Development Hub Inc.

“The form 990 is reviewed by the executive director and members of the executive committee of the board of directors prior to signing and filing with the internal revenue service.”

“Annually the conflict of interest policy is distributed and explained to all board members. Prior to each discussion and vote, board members are asked to disclose conflicts of interest. For each conflict disclosed to the chair the chair will determine what action is necessary. At the very least, the board member with a conflict must recuse him or herself from discussion and voting on the matter at hand. Some conflicts might result in necessity for the board member to resign their position on the board of directors. The organizations executive director will monitor proposed on-going transactions for conflicts of interest and disclose them to the board chair in order to deal with potential conflicts, whether discovered before or after the transaction has occurred.”

“The executive committee performs an annual review of the executive director and if the agency's financial condition allows, makes recommendations for salary increases based on amounts paid to executives of similar organizations. The executive committee's decisions are documented in minutes that are kept on file. The executive director evaluates all other employees and makes recommendations of the board of directors regarding salary and compensation for other employees based on comparable positions in similar organizations. The organization leases its employees from a personnel firm (ein resources, llc) who provides personnel management, benefits management, benefits management and payment and filing of payroll returns. Ein resources, llc utilizes the hubs personnel policies as provided by the board of directors and pays the employees based upon the amounts authorized by the hubs board.”

“The organization makes its 990 and form 1023 available upon request at its office in stonewood, wv. At some future date, the hub may make the form 990 available on its website.”

“Leased personnel costs: program service expenses 243,912. Management and general expenses 1,768. Fundraising expenses 0. Total expenses 245,680. Consultants: program service expenses 194,466. Management and general expenses 0. Fundraising expenses 0. Total expenses 194,466.”