YMCA of the Roses

“The organization has members who nominate and elect the members of the governing body. The members do not receive a share of the organization's profits or excess dues, or a share of the assets upon dissolution.”

“All persons eighteen years of age or over, who are members in good standing, shall have the right to vote. This includes the responsibility to nominate and elect the board of directors.”

“The form 990 is distributed to all corporate board directors for their review. The corporate finance committee members review the form 990 prior to distribution to the board of directors.”

“The purpose of this conflict of interest policy is to protect the interest of the corporation when it is contemplating entering into a transaction or arrangement that might benefit the private interest of a member, director, or officer of the corporation or might result in a possible excess benefit transaction. Any director, officer, or member of a committee with board-delegated powers who has a direct or indirect financial interest shall be deemed to be an interested person. 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 members, directors, and members of any committee with board delegated powers 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 or she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board of directors or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the board of directors or committee meeting, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board of directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board of directors or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If the board of directors or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board of directors or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The minutes of the board of directors and all committees with board-delegated powers shall contain (i) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board of director's or committee's decision as to whether a conflict of interest in fact existed, and (ii) the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings. A voting member of the board of directors who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include (i) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the results of arm's length bargaining. And (ii) whether partnerships, joint ventures, and arrangements with management organizations conform to the corporation's writte”

“When changes to the compensation levels are being considered, the ceo compensation package is determined by the executive committee using comparable data, independent review and approved by the board. Comparable data is used in determining compensation for other employees and such compensation is approved by the board. The deliberation and decision is contemporaneously documented.”

“The organization makes all governing documents and conflict of interest statements and financial statements available upon request to the ceo.”

“Michael a. Smith the current president / ceo will be signing the return. The president / ceo listed on part vii had retired effective july 31, 2025.”

“The organization did not have any instances where backup withholding was required; however, if the situation would arise, the organization is aware of the reporting requirements and would handle that accordingly.”

“Change in value of perpetual trust 968,267. Change in interest in net assets 8,016.”

“The process for oversight of the audit and selection of the independent accountant has not changed from the prior year.”