Breastcancerorg

“There shall be an executive committee of the board which shall have the power to transact all regular business of the board during the periods between the meetings of the board, except that it shall not alter fundamental policies of the board or exercise powers which are expressly reserved to the board by the bylaws or by the board. All actions taken by the executive committee shall be reported to the board at its next meeting. The executive committee shall consist of the chairperson of the board and the president, together with the chairpersons of the revenue committee, the governance committee, finance and compensation committee and the strategy committee. The chairperson of the board shall serve as chairperson of the executive committee.”

“The form 990 is prepared by an independent accounting firm and then the finance committee of the board of directors reviews and approves the form 990 prior to being filed. In addition, each member of the board of directors receives an electronic copy of the form 990 via email prior to the form being filed.”

“The ceo and vp of finance review the conflict of interest statements that are required to be submitted annually. In addition, the policy includes a duty to timely disclose potential conflicts as they arise. Any potential conflicts in these statements are followed up on and appropriate action is taken, as needed, to resolve the conflict. Conflict of interest statements are required for all members of the board of directors, any non-board committee members and senior management.”

“The compensation committee, comprised of members of the board of directors, meets regularly to review the job descriptions, performance and compensation of senior executives, including the president and ceo. The committee reviews benchmark data, including salaries reported by other similar organizations and industry compensation studies as part of its process. After review and approval by the compensation committee, the finance committee also reviews the compensation when approving the annual budget. A full board vote is required to approve the annual budget. The deliberation and final determinations are timely documented. Form 990, part vi, section b, line 15b: compensation for other officers and key employees is reviewed annually by the ceo and approved by the finance and compensation committee as part of the annual budget; for key employees the vp finance also reviews the compensation. The organization utilizes job descriptions and performance reviews for each employee along with benchmark compensation information, including salaries reported by other similar organizations and industry compensation studies as part of its process. After review and approval by the committee, a full board vote is required to approve the annual budget. The deliberation and final determinations are timely documented. The processes described here was last completed in 2024.”

“The audited financial statements and 990 are posted on the organization's website and to guidestar.com. The audited financial statements, 990, conflict of interest policy and governing documents are also available upon request.”

“Program consultants: program service expenses 714,411. Management and general expenses 4,179. Fundraising expenses 3,123. Total expenses 721,713.”

“The process has not changed from the prior year.”