The Arc of Monmouth Inc

“A draft of the Form 990 was provided to the Organization's management to review. Questions/changes were discussed with WithumSmith+Brown, and a revised draft Form 990 was provided to the Board of Directors, which was approved via e-mail prior to to being filed with the Internal Revenue Service.”

“Board members and executive staff annually complete a conflict of interest disclosure questionnnaire. Other employees annually complete a conflict of interest statement. If a potential conflict is reported by anyone on the board or the executive director, the board of directors determines whether a conflict exists and action required. If a potential conflict is reported by staff (other than the executive director), the executive director determines whether a conflict exists and action is required. The Arc's policy requires that a potential conflict of interest be reported at any time that it arises.”

“The Personnel Committee of the Board of Directors reviews salary and benefits surveys from comparable organizations to determine compensation for senior management positions. The actions taken by the Committee enable the Organization to receive the rebuttable presumption of reasonableness for purposes of Internal Revenue Code Section 4958 with respect to the total compensation of certain members of the senior management team, including the Executive Director, the Associate Executive Director and the Assistant Executive Director. The three factors which must be satisfied in order to receive the rebuttable presumption of reasonableness are the following: 1. The Compensation arrangement is approved in advance by an "authorized body" of the applicable tax-exempt organization which is composed entirely of individuals who do not have a "conflict of interest" with respect to the compensation arrangement. 2. The authorzied body obtained and relied upon "appropriate data as to comparabiltiy" prior to making its determination; and 3. The authorized body "adequately documented the basis for its determination" concurrently with making that determination.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

“In according with form 990 rules, regulations and instruction linda mayo, executive director's compensation is not disclosed in part vii, section a because she was not employed during calendar year 2015; the calendar year that fell within the organization's fiscal year. Linda was hired on january 21, 2016.”

“The Arc also offers employment services to assist adults obtain and maintain community jobs. The agency provides outpatient behavorial health services to both children and adults. The Arc Recreation Department assists individuals with developmental disabilities to participate in a variety of cultural and recreational experiences including supervised trips and activities. The Arc responds to hundreds of calls each year from persons seeking information on services for persons with intellectual and developmental disabilities, and offers support services and informational meetings for families of persons with developmental disabilities.”