Lefthand Watershed Oversight Group

“There are no committees with authority to act on behalf of the board.”

“The federal form 990 and colorado form is prepared by staff and a cpa firm and reviewed by the executive director and treasurer before filing, and a draft is shared with the entire board of directors.”

“The conflict of interest policy statement is made available to each voting member of the governing board, officers, and employees. All sign a statement of understanding concerning reporting of potential conflicts of interest. Each voting member of the governing board, officers, and employees are also required to complete a separate conflict of interest questionnaire on an annual basis. If a conflict of interest is disclosed, all material facts are presented, and after any discussions with the interested person, the remaining directors, officers, key employees or committee members, in the absence of the interested party, decide if a conflict of interest exists. A written record on any reported of possible conflict and of any adjustments made to avoid possible conflicts of interest are kept by the board president and key staff.”

“The hiring committee is responsible for determining the executive director's compensation. This committee is composed of the board president, vice president, and treasurer. While the meeting minutes reflect that the board entered into executive session for a personnel performance review, specific details of that discussion are not included in the minutes. The salary range for the executive director was developed based on several factors, including the requirements of the position, the executive director's experience, education, and performance, as well as the organization's financial capacity. The 2022 colorado nonprofit salary & benefits survey, published by the colorado nonprofit association, was also referenced in determining an appropriate salary range. As part of our annual review process, job descriptions and salary ranges for all staff are evaluated each year between september and december. This review incorporates data from the same colorado nonprofit association salary survey, along with consideration of each employee's experience, education, and job performance. The process described here was last completed in 2024.”

“Governing documents, conflict of interest policies, and annual financial statements are available on the website. All other documents are available upon request.”

“Consulting services: program service expenses 717,274. Management and general expenses 0. Fundraising expenses 0. Total expenses 717,274.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”