Oasis - a Haven for Women & Children Inc

“Phyllis chernalis, director, zachary chernalis, director, and susan buchanan, past president, have a family relationship.”

“The organization amended its bylaws to require officers and trustees to take at least a year off after terms, after which they may be reelected.”

“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. Once a draft of the 990 has been made available, it is sent to the audit committee, finance committee, and board of directors prior to filing. The return is reviewed by these parties and any questions or comments are addressed by the tax preparer. At the board of directors meeting, the 990 is approved prior to filing.”

“Members of the board of directors of oasis are expected to avoid conflicts between their personal interests and the interests of oasis. Any conflict of interest on the part of any member of the board of directors, or any member of the immediate family of a board member occupying the same household, shall be disclosed by the board member to the board of directors at least annually and made a matter of record. When any such interest becomes relevant to any subject requiring action of the board of directors, the director having a conflict shall call it to the attention of the president and executive director and, if the matter is being considered by a committee of the board, to the attention of also the chair of such committee. The director having such conflict shall not participate or use any personal influence in the discussion of the subject or make any recommendations regarding the subject. The minutes of any meeting attended by the director at which the subject involving the conflict is discussed shall reflect that a disclosure was made and that the director refrained from discussion, except to the extent provided above, and did not vote on the subject.”

“Compensation review and approval for the executive director's salary is performed by the executive committee. An annual salary survey created by professionals for nonprofits is used as a guide. Compensation is documented via a compensation change form, recorded in employee files. Additionally, the organization utilizes an independent compensation consultant who conducts an assessment of the executive director's compensation and the recommendations are presented to the executive committee of the board. This process was last undertaken in 2024.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. In addition, the organization makes its financial statements available to the general public on oasis' website and makes its governing documents and conflict of interest policy available upon request.”

“Change in beggining of the year net assets 416.”

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