Assoc for Retarded Citizens of Gr Fall River Realty Inc

“Form 990 is prepared by the external auditor and reviewed by management and the finance committee. Once form 990 and all schedules are finalized a copy is sent to all board members.”

“Each year the organizations conflict of interest policy is provided to all officers, directors and key employees. They are asked to review the policy and sign a statement indicating that they understand the policy, have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken with those involved recusing themselves as to whether the organization will enter into the transaction.”

“Compensation is paid by a related organization. That organization annually conducts a performance review and evaluation of the ceo by the executive committee. The review also establishes the ceos compensation for the following year. The process involves the evaluation of the individual and a review of the compensation of comparable positions obtained from the 990 forms of similar organizations as well as from other available salary data. The ceo establishes the compensation for other officers and key employees and reviews their performance evaluations. Yearly compensations are set within the fiscal operating budget process.”

“The organization makes its governing documents articles of incorporation and by-laws, its conflict of interest policy and financial statements available upon request. The organization will mail upon request or provide copies to those who come to the administrative office during normal business hours. The organizations governing documents are also available on the secretary of states website.”