Wildwood Programs Inc

“Upon final draft of the 990, the independent auditors will provide management with a pdf format electronic version of the 990 for wildwood programs, inc. Management will review and forward on to the finance committee for review, questions and answers. Upon approval of the finance committee, the 990 will be sent electronically to the appropriate boards for review, questions, answers and final approval of the 990.”

“Once a year, the compliance officer ensures that employees with substantial discretionary authority, as well as board memebers, complete the annual conflict of interest statement. Any identified potential conflicts of interest are reviewed by the compliance officer and presented to the quality assurance and compliance committee for review. In addition, the conflict of interest statements are reviewed by the audit and compliance committee and the president of the board is informed of any potential conflicts. The annual compliance plan training information contains information regarding the need for all employees to report any potential conflict of interests to their supervisor and/or the compliance officer for review.”

“The first step in setting executive management salaries is an executive management meeting to develop general budget parameters. In this meeting, there is a discussion of the revenues and expenses expected for the upcoming year. The executive management team then discusses the general agency cost of living increases that will be given to staff. In addition, there is a discussion of any significant salary adjustments that need to be made for specific groups of employees or individuals so that the entire executive team is aware of any changes in compensation. This information will be shared with the finance committee, which is a subcommittee of the board of directors, which is charged with the oversight of the agency's annual budget. The finance committee would discuss the budget parameters and any specific adjustments that would be made for groups of employees. The human resource (hr) committee, of the board of directors, is charged with benchmarking the executive management salaries. A task force made up from members of the hr committee and memebers of the finance committee have the responsibility of coming up with recommendations for the chief officer (ceo) salary. This committee then reposts to the board of directors. The recommendations of the board are then implemented within the budget process. This salary is then shared again for approval with the finance committee and the board of directors during the budget approval process.”

“They are on file with the department of state and upon request.”

“Change in fair value of swap contract -9,059.”

“The process has not changed from prior year.”