Greater Philadelphia Community Alliance

“There shall be an executive committee composed of the president, three vice presidents, and the secretary, and the treasurer (if the treasurer is not the vp of internal affairs). Each of the vice presidents shall serve as a chairperson of the one of the standing committees. The executive committee will be authorized to act on behalf of the board and to continue the policies of the board during the intervals between the meetings of the board, including, but not limited to, the executive of legal douments, with or with out corporate seal; but should not exercise such powers, unless in the best judgement of the said committee, the particular situation so requires. In the event of an emergency and the absence of the ceo, the executive committee will designate a staff member and establish a succession plan to insure continious management of the corporation”

“Form 990 is prepared by an independent accounting firm. A draft copy will then be reviewed with the finance committee of the board of directors. Once it is approved by the finance committee, a copy of form 990 is sent to the board prior to filing with the internal revenue service.”

“A select committee of the board of directors reviews the executive director's salary by looking at past performance, current salary, and salaries of executive directors in similar organization via their form 990 and conversations with their board members. The committee then makes a recommendation to the full board, who approves the compensation. The decision is documented timely in an email to the executive director from the board president.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“The conflict of interest policy applies to all directors, principal officers, and members of committees with board-deligated powers. A potential confilict should be reported to the board or a committee with board-delegated powers, who will determine if an actual conflict exists. If a conflict is identified, the board or committee with board-delegated powers will appoint a non-interested person or committee to investigate alternatives to the proposed transaction or arrangement that created the conflict to determine whether the organization can obtain a more advatageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If not, the board or committee with board-delegated powers shall determine by majority vote of the non-interested person present that the transaction or arrangement is in the organization's best interest and for its own benefit and is fair and reasonable to the corporation. Annual disclosure of actual and potential conflicts is required.”

“Description:other professional fees total fees:1218340”