United Services Organizations

“Election of members the board of directors of the foundation are nominated by the executive committee of the uso and elected by the uso's board of governors.”

“Governance decisions the board members of uso elect directors of the board, remove any director from the foundation's board, remove the foundation's president and approve the amendment of the foundation's bylaws.”

“Process for reviewing form 990 an electronic copy of the draft 990 was provided to all board members and officers prior to its filing with the irs. Discussion and inquiries surrounding the draft 990 were facilitated by the treasurer. The process was conducted in july 2023. An outside accounting firm prepares and reviews the form 990.”

“Conflict of interest policy monitoring and enforcement the conflict of interest policy is the policy that requires the uso's and the foundation's directors, officers, and other employees to avoid any situation which may constitute a conflict of interest, that is, any situation which an individual uses or could use his or her position with the uso or the foundation for personal gain to an individual, members of the individual's family, or other organizations with whom the individual is affiliated, to the actual or potential detriment of the uso or the foundation. The board has established a policy with reference to conflicts of interest applicable to the board. Disclosure of potential conflicts of interest are reviewed by uso's ceo, cfo, and outside counsel. Any individuals that have a conflict of interest are prohibited from deliberations and voting on a transaction.”

“Process for determining compensation the compensation of the uso's chief financial officer listed on form 990, part vii and schedule j is established by the uso board of governors after an independent, outside review of industry surveys, compensation studies and other data. This process ensures that executive compensation is within the range of that paid to comparable executives of comparable organizations for comparable services and is therefore reasonable. Reviews are performed on a biannual basis by an independent outside consultant. The last review was performed in 2022 and compensation was found to be within the range for comparable executives at comparable organizations.”

“How documents are made available to the public consolidated financial statements are made available on the uso's website. The governing documents and conflict of interest policies are made available upon request.”

“Compensation to the officers kristine shumack (chief financial officer, uso), derek herr (previous director of financial reporting, planning & analysis; uso) and warren carsten (vice president of financial systems, planning & analysis; uso) are not paid employees of the foundation. Their compensation is paid by a related organization, uso.”