Central Coast Water Quality

“There are no committees that act on behalf of the governing body.”

“The executive committee has the responsibility for reviewing the form 990 (including all pertinent schedules) before it is filed with the irs.”

“Any director, principal officer, or member of a committee with board of directors delegated powers, who has a direct or indirect financial interest, as defined below, is an interested person. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: a. An ownership or investment interest in any entity with which ccwqp has a transaction or arrangement, b. A compensation arrangement with ccwqp or with any entity or individual with which ccwqp has a transaction or arrangement, or c. A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which ccwqp is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with board of directors delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. A. An interested person may make a presentation at the board of directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the board of directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board of directors or committee shall determine whether ccwqp can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in ccwqp's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the board of directors or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board of directors or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. To ensure ccwqp operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to ccwqp's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inure”

“1.compensation arrangement approved in advance by independent members of ccwqp's governing body (board of directors or a subcommittee thereof) that is composed of persons who do not have a conflict of interest with respect to the compensation arrangement. 2. Before making the reasonable compensation determination, the governing body (or subcommittee thereof) relied upon comparability data (comparability data that includes compensation paid by comparable and similarly situated entities) in deciding whether to approve the compensation. 3. Governing body contemporaneously documents their basis for making its reasonable compensation determination, as follows: a. Terms of the approved compensation and the date approved by the board b. Members of board present during debate on the compensation amount and those who voted on it and how they voted on it c. Description of the comparability data obtained and relied upon and how such data was obtained d. Any actions by board member having a conflict of interest (e.g. Disclosure of the conflict of interest; recusal from the discussion) e. Documentation of the basis for the compensation determination before the later of the next board meeting or 60 days after the final actions of the authorized body are taken it is essential that the individuals whose compensation is being discussed not be present during such discussions. The reasonable compensation discussion should be undertaken by the board at least annually; the reasonable compensation binder maintained for each insider should also be prepared, or at least updated, annually.”

“AVAILABLE UPON REQUEST”

“Dennis lebow served as a member of the board of directors from january 1 through june 30, 2024. Effective july 1, 2024, he resigned from the board and became an employee of the organization. The compensation reported in part vii, section a reflects the total amount paid to him during the calendar year. None of the compensation from the organization was paid for his service as a director.”

“Consulting fees: program service expenses 2,875,953. Management and general expenses 280. Fundraising expenses 0. Total expenses 2,876,233.”