Greater Newark Conservancy Inc.

“After preparation of the 990 Tax Return, a draft copy is emailed to the Board Treasurer, Executive Director, and Finance Director for review and approval.”

“In the annual meeting, the Board Members are required to sign a conflict of interest statement. When a conflict of interest is identified, the Board Member recuses themself from voting.”

“Executive Director's salary is reviewed by the Executive Committee, who then recommends any salary change to the full board. For all other Directors, the Executive Director reviews and recommends any changes. The Executive Committee conducts a review and comparison to market rates for the positions before setting a new salary rate.”

“The Conflict of Interest Policy, Audited Financial Statements, and all Governing Documents are kept on file and are available to the public upon written request.”

“Job Training Program The Conservancy's Job Training Program includes two components - the Newark Youth Leadership Project (NYLP) and the Clean & Green Transitional Job Training Program. NYLP annually provides 60 to 70 Newark high school students with on-the-job-training in leadership development, public speaking, resume development, business skills, job readiness and green careers. The program encourages college enrollment, opening new vistas and career exploration. The Clean & Green Program annually works with hundreds of recently incarcerated Newark residents and ex-gang affiliated members to assist them in making the transition from prison to gainful employment. Training focuses on a variety of horticultural and landscaping skills. Throughout the program participants clean and green highway gateways and medians and hundreds of vacant, city-owned lots in Newark. A major emphasis has been on developing and helping to maintain the Conservancy's two larger urban farms. Environmental Justice Program With its Environmental Justice Program the Conservancy organizes and empowers inner-city residents to confront and overcome urban environmental issues. For many years the program focused on various components of Newark's master planning process, seeking to interject sound environmental principles and to guide the city toward greater sustainability. More recently the program has concentrated on seeking an environmentally sensitive cleanup of the intensively polluted lower Passaic River while minimizing the impacts on the Ironbound section of Newark.”

“$11,202 represents the change in net present value of discount on pledges receivable.”