New Concepts for Living Inc

“The form 990 is prepared by an outside accounting firm. The draft 990 is then reviewed by the executive director and chief financial officer prior to submission to the board for their review and approval. Upon approval by the board the form 990 is submitted to the department of the treasury.”

“Each new concepts for living, inc. Board of trustees member shall complete a conflict of interest policy statement by january 1st of each year. The board of trustees conflict of interest policy statement requires any possible conflict of interest on the part of any board of trustees member to be disclosed to the board of trustees and shall be made part of the records of the board of trustees and of the official corporation records of new concepts for living, inc. A board of trustees member who has a possible conflict on any matter may not participate in the deliberation vote upon and/or use his or her personal influence on any such matter. The board of trustees policy requires each board member to disclose the facts of any situation involving the use of the funds if the board member, a member of the board member's family, the board member's business associate or a board member's close personal friend will, or could, realize any economic benefit from the board member's decision. The board of trustees policy also requires that senior management staff (e.g. Executive director, accounting manager, etc.) who may be authorized to recommend, review or sign vendor bids, contracts or agreements to disclose the facts of any situation involving the use of funds if the staff person, a family member, business associate or close personal friend will, or could, realize any economic benefit.”

“The organization's board empowered a compensation committee of independent directors to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the organization, including the organization's chief executive officer. The compensation committee is advised by outside counsel and an independent compensation consultant. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the organization does not compensate in excess of market norms. The committee's procedures are intended to meet applicable irs reasonableness and safe harbor standards.”

“All documents are provided upon receipt of a written request.”

“Inspired by the vision of families and people with disabilities, new concepts enables people to realize their dreams and to achieve their individual potential through quality community programs and services that include housing, vocational and day program training, recreation advocacy and family education and support.”