Daughters of Miriam Center

“The following trustees/officers have family relationships: - benson j chapman and marcia chapman”

“Daughters of miriam center for the aged has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the audit committee and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Any questions or comments the board has are communicated to the ceo and resolved. Once the board has approved the return it is filed with the internal revenue service.”

“Every director, trustee, officer and member of a committee with board delegated powers of the organization, shall annually sign a statement which affirms that such person has received a copy of the conflicts of interest policy, has read and understands the policy, and has agreed to comply with the policy. In connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her financial interest to the board of directors, trustees and/or members of committees with board delegated powers by the corporation considering the proposed transaction or arrangement. After disclosure of his or her financial interest, the executive committee shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: a) the executive committee of the board shall, if deemed necessary, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. B) after reviewing the conflict of interest, the executive committee of the board shall determine whether the corporation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. C) if a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the executive committee shall determine by a majority vote of the executive committee whether the transaction or arrangement is in the corporation's best interest and for its own benefit and whether the transaction fair and reasonable to the corporation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination.”

“The president of the board of trustees and a compensation committee made of the past presidents of the board annually reviews the compensation of the ceo. The board approves the salary after comparing to compensation at similar organizations, and considering the employee's responsibilities. The process was last performed in 2023.”

“The organization makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. The organization's financial statements, conflict of interest policy, articles of incorporation and bylaws are available upon request.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”