New Jersey Institute for Disabilities

“The organization's accounting department and external audit firm collaborate and review throughout preparation of supporting documentation & schedules to final completion and production of the 990 tax return. A completed draft of the 990 tax return is forwarded to key employees, appropriate accounting staff, members of the board's finance/audit committee and quality control department of the external auditing firm. A week is alloted for general reviews, comments, and revisions prior to production and filing of the final 990 tax return. A final 990 tax return in a pdf format is emailed to all voting members of the board prior to irs filing.”

“The organization enforces compliance with and by written policy, education and example. All newly appointed board members and key employees are given a copy of the board of directors policy manual and the general employee base is provided with a human resource policy manual. These policies collectively provide what acts or actions are strictly prohibited and which require actions to be taken by the board (executive committee) and/or the human resources department. The board is continuously reminded of and educated on the conflict of interest policy throughout the fiscal year through presentation of newsworthy, real life examples during regular meetings, discussions of the new 990 tax form and other regulatory developments regarding board member behavior, and review of the board of directors policy manual. Organizational policy regarding board member conflict of interest are not permitted. Such potential activities have been recognized, brought forth, discussed and reviewed under board policy guidelines with appropriate actions taken to enforce the high standard.”

“Officer compensation is determined by the compensation committee of the board of directors on an annual basis through the use of comparable data from other organizations. The salary amounts are reviewed and voted on by the board before the amounts are finalized.”

“The organization makes its form 1023 and for 990 available for public inspection upon request.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The organization's website provides specific contact information and reaffirms that the organizational records are a matter of public record and available for inspection at the primary business location during normal business hours. Organizational financial information is provided annually to public record hosting websites inclusive of guidestar, dun & bradstreet and the foundation center library.”

“The executive management committee has the authority to act on behalf of the board”

“The organization utilizes a committee which provides oversight of the audit of the financial statements and is involved in the selection process of an independent accountant.”