Leadingage New Jersey Inc.

“the organization made the following changes to its bylaws in 2016. The organization Added a new Membership Category to include for profit providers, known as "Affiliates", Eliminated the Immediate Past Chair position, and added a Cap to Board service at 10 years, inclusive of Officer positions. In addition, the amended bylaws Combined the Secretary and Treasurer positions and Modifed Nominating and Audit/Finance positions There was a subsequent clarification to Article III. "Membership", which makes Affiliates ineligible to serve on the Board of Trustees.”

“The Form 990 is reviewed by the President/CEO and is then emailed to the finance committee to review and approve. Once the finance committee has approved the Form 990, it is sent to the board of trustees for review.”

“EACH BOARD MEMBER AND OFFICER SIGNS A FORM ANNUALLY STATING THAT THEY RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS. A LEADINGAGE New Jersey STAFF MEMBER COLLECTS and reviews THE SIGNED STATEMENTS TO ENSURE THAT ALL BOARD MEMBERS AND OFFICERS HAVE COMPLETED THE FORM. ONCE A CONFLICT IS DISCLOSED, THE DISINTERESTED MEMBERS OF THE BOARD OF TRUSTEES DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE AFFECTED BOARD MEMBER IS NOT ALLOWED TO VOTE ON ANY MATTER PERTAINING TO THE CONFLICT OF INTEREST, and the disinterested members will decide whether appropriate action needs to be taken.”

“Salaries are determined annually in conjunction with the review process of the upcoming year's budget during the executive session of the board meeting. The board approves the aggregate amount available for salary increases, and the President/CEO determines individual salary increases. The goals and objectives for the President/CEO are set by the board which is comprised of executives/board members of not-for profit organizations. The board takes salaries paid by similiar organizations into consideration when recommending any salary increase for the President/CEO. The decisions are documented in the minutes of the meeting.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“PROFESSIONAL FEES - COMM/MARKETING: Program service expenses 29,457. Management and general expenses 7,365. Fundraising expenses 0. Total expenses 36,822. professional fees - members svcs/policy: Program service expenses 42,104. Management and general expenses 10,526. Fundraising expenses 0. Total expenses 52,630. Professional fees - Consulting: Program service expenses 5,582. Management and general expenses 1,395. Fundraising expenses 0. Total expenses 6,977. Payroll Services : Program service expenses 2,510. Management and general expenses 628. Fundraising expenses 0. Total expenses 3,138.”