The Commonwealth Foundation for Public Policy Alternatives

“Due to the agreements between the commonwealth foundation and commonwealth group services.”

“The form 990 is reviewed by the organization's board of directors prior to signature and filing.”

“The conflict of interest policy covers interested persons, including officers, directors, or members of a committee that have a direct or indirect financial interest. The interested person must disclose the existence of a conflict of interest and all material facts to the board of directors or members of a committee considering the proposed transaction arrangement. The board or committee then decides whether a conflict of interest exists. In the event the board or committee determines a conflict of interest exists, appropriate disciplinary and corrective action will be taken to eliminate the conflict.”

“The board of directors strives to ensure a generally competitive and industry comparable salary and benefits package for the president, vice presidents, ceo, officers & key employees. Each year, based on the performance of the commonwealth foundation during the prior year, the board determines a level of salary increase that is either based on annual, national or regional data or, if an increase significantly different from data is proposed, the board conducts a salary review of similar positions of organizations similar to the foundation and the salary is adjusted accordingly based on those findings. This review is conducted by both contacting several organizations directly for salary data and by comparing other publicly available salary information, such as publicly available form 990 tax returns.”

“The organization makes its governing documents and conflict of interest policy available to the public upon request, as required by the irs.”

“Effective september 13, 2024, william e. Sordoni assumed the role of treasurer, succeeding gerard alexander. Both individuals remain directors on the board.”

“Other professional fees: program service expenses 3,310,333. Management and general expenses 884,135. Fundraising expenses 118,753. Total expenses 4,313,221.”

“Line items listed for other professional fees: it consultants: $117,008 social media: $79,869 direct mail: $129,586 professional management services: $3,265,463 recruiting services: $187,139 other consultants: $534,156 total other professional fees: $4,313,221”