Central Pennsylvania Food Bank

“The form 990 will be reviewed and recommended by the chief executive officer. The form 990 will then be reviewed and approved by the finance committee. Several members of the finance committee are active cpas. A copy of the approved form 990 will then be distributed to all directors for review prior to filing.”

“The organization requires all officers, committee members, and members of the board of directors to sign a written statement that certifies that he/she has read and acknowledged the conflict of interest policy. The statement requires that the officer/committee member/board member disclose any affiliations and relationships that could have a direct or indirect impact on the organization. Management continually assesses the relationships between officers, committee members, and board members to ensure that any new or existing relationships do not conflict with the mission of the organization. The conflict of interest policy applies to officers, directors, and committee members. These individuals must inform the board or committee of any potential conflicts or business and/or family relationships between officers, directors, and committee members. Should any conflict exist (or appear to exist) the interested party will refrain from discussions or voting on the particular transaction. Any conflict that arise would be resolved in the best interests of the organization by the chief executive officer.”

“The executive committee of the board reviews and determines the compensation of the chief executive officer (ceo) on an annual basis. This process includes an annual review of the ceo's performance as compared to goals established in advance by the executive committee. The executive committee also considers the value of the ceo's compensation package as compared to the compensation packages of other similar nonprofit executive positions. The president of the board documents the review and approval actions and provides relevant instructions to the chief administrative officer to implement compensation changes with the ceo that stipulates the ceo's base salary, bonus potential, and employment agreement. Cpfb generally conducts compensation reviews with its staff, including officers and managers, on an annual basis. The most recent process included a review of "compensation and benefits survey" issued by feeding america and other non-profit salary studies including annual studies from pennsylvania association of nonprofits. These sources are considered as most relevant for large food banks like cpfb. Cpfb also conducts annual performance appraisals for all employees. Cpfb's independent review, deliberation, and approval will be conducted by the executive committee.”

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

“The finance committee assumes responsibility for oversight of any audit, review, or compilation of its financial statements and selection of independent accountant.”