Sinai Special Needs Institute Inc

“The bylaws were amended in march 2024. The governing document was completely restated to be in compliance with modern rules and requirements. Significant changes include: 1. Changed purpose of the organization to include (a) conduct other programs for individuals with special needs and (b) offer support to parents seeking to access their rights under laws applicable to children with disabilities. 2. Removed minimum and maximum board size limits on the board of directors. 3. Removed the maxmimum committee size limit for the governance/nominating committee. 4. Removed "executive vice president" from officer positions 5. Added a section on the dean, managing director, and associate managing director officer positions.”

“The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. After the form 990 has been prepared, a copy is reviewed by the director of finance and the managing director. Redacted copies are electronically sent to the entire board for their review. Any issues are directed to the managing director or any member of the executive committee, who direct those issues to the accounting firm who prepared the return.”

“Each director and officer shall annually sign a statement which affirms such person: a. Has received a copy of the conflict of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board shall decide if a conflict of interest exists.”

“Compensation of the dean and managing director is determined by a compensation committee comprised of the chairman of the board and the president. Compensation is set for multiple years. The compensation review for the dean took place in 2022 for the fiscal years beginning september 1, 2022 and the 4 years thereafter (a total of 5 years). The compensation review for the managing director last took place in 2021 for the fiscal years beginning september 1, 2021 and set for the 5 years thereafter. The compensation for the associate managing director is set by the managing director. The compensation for the director of finance is set by the associate managing director and managing director. The review and approval process is documented in emails and memorandums.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”

“Loss on disposal of property -176,596.”

“The organization has an audit committee that is responsible for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”