United Way for Southeastern Michigan

“The draft form 990 is reviewed by staff internally before finalizing. The 990 is then provided to the audit committee and board of directors for review prior to filing.”

“Each member of the board of directors completes a conflict of interest questionnaire annually. When the board of directors is voting on specific issues where a particular director might have a conflict of interest, the director recuses himself from voting.”

“Key feature of the chief executive officer's compensation and benefits compensation policy & objectives united way for southeastern michigan (uwsem) maintains the highest standards of professionalism, accountability and transparency in its stewardship of contributor dollars and financial management. In regards to its executive compensation program, uwsem's objectives are to: - encourage the attraction and retention of high caliber executives by providing a total compensation opportunity, including benefits, that is competitive on a local and national level. - assure that the process strongly supports and further transitions the organization to a "pay for performance" culture through the use of incentives on a local and national level. - reinforce the goals of the organization by supporting teamwork and collaboration - develop compensation levels that are consisitent with uwsem's mission - maintain a process that is free from conflicts of interest and in compliance with relevant regulations - ensure transparency in its compensation decisions governance & oversight united way for southeastern michigan's bylaws provide for the executive committee to determine compensation of the chief executive officer. The committee bases its decisions, in part, on appropriate compensation comparability data. Comparisons are made between uswem and other organizations based on organization size (revenue, assets, number of employees, etc.). In addition, the committee utilized compensation studies and outside consultants to review the ceo's compensation. The committee evaluated the ceo's general management and leadership competencies as well as her performance against the key objectives set at the beginning of the year.”

“The governing documents, conflicts of interest policy, and financial statements are available to the public at uwsem's offices. In addition, copies of these documents will be provided by mail or email upon request. The audited financial statements and form 990 are also available on uwsem's website.”

“Transfer of assets from united way of washtenaw county acquisition 7,630,428. Fund balance relating to ballmer giving, llc 18,389.”

“The audit process has not changed from prior year.”