American Baptist Homes Foundation of the West Inc

“The foundation's sole member is humangood norcal, an organization exempt under irc section 501(c)(3). Humangood, a california nonprofit public benefit corporation exempt under irc section 501(c)(3), is the sole member of humangood norcal.”

“Voting directors of the board of directors are elected by humangood norcal as the sole member.”

“The board of directors governs the corporation, except for any powers reserved by the bylaws to the sole member. The board establishes all policy matters under which the corporation's staff operates and exercises all powers granted by the articles of incorporation and by statute to directors of nonprofit corporations. All corporate powers of the corporation are exercised by, and the business and affairs of the corporation, including the raising, investment and allocation of funds, are controlled by, the board which governs and controls the affairs and business of this corporation and make such rules and regulations therefor not inconsistent with law, with the articles of incorporation of this corporation or the bylaws.”

“The form 990 is reviewed by the cfo and furnished to the board of directors for review prior to filing with the irs.”

“Every year, the organization's directors and officers are asked to complete a conflict of interest disclosure along with a statement of commitment. In connection with any actual or possible conflict of interest, directors and officers must disclose the existence of the financial interest and all material facts related thereto to the directors and members of committees. A vote is taken outside the presence of the individual in question to determine if an actual conflict exists.if the board 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 response of the member, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Compensation of the president, coo and cfo of humangood is reviewed annually for market competitiveness by a compensation committee of the humangood board. Compensation of other officers and key employees is reviewed by the ceo with disclosure to the compensation committee. The humangood board members and president are independent with respect to the individuals whose compensation is being reviewed, the humangood board and president rely upon wage and salary studies and/or regular review by a compensation consultant to provide comparable salary data for their consideration. Decisions regarding compensation are documented on a contemporaneous basis. Compensation for the president of the foundation is determined based on an annual salary survey performed by the human resources department of humangood and reviewed by humangood's president.”

“The governing documents and financial statements are available for inspection upon request. Conflict of interest is not made available to the public.”

“Certain board members received a stipend for 2020 for their board and committee work related to humangood. No compensation is paid to any board members for their role on the humangood norcal board. Board stipends: commencing two years after the may 1, 2016 affiliation of humangood norcal and humangood socal, the seven-member humangood board began receiving stipends for their service to the top governing organization, humangood. An evaluation was performed of similarly complex non-profit organizations to determine the reasonableness of the stipend amount for the hours committed to governance. No remuneration is attributable to service by these seven board members on boards of other humangood affiliates. The remuneration is taxable to each of the members and reported annually on form 1099 in addition to disclosure in the form 990. Based on receiving this remuneration and the advice of tax consultants, these board members are not reflected as being independent directors. Incentive compensation: executive directors, regional managers and senior management are eligible for incentive compensation. In advance of the calendar year to which incentive compensation applies, goals are set for each individual that align with the strategic and operational objectives of the organization. The goals of the ceo and executive team are reviewed by the board compensation committee. Before any payment is earned, the incentive pool must be funded from exceeding budgeted net cash production arising from the sum of operational performance and net turnover entrance fees, and is subject to a cap. The attainment of each incentive goal is assessed by each team member's supervisor and ultimately reviewed by the ceo prior to award. If the incentive pool is partially funded, the partial percentage is applied to the potential award for each member's attained goals.”

“The filing entity is an affiliate in a group of which humangood norcal is considered a common pay agent for w-2 reporting. Humangood norcal reports all employees on its form w-3, however each affiliate has employees allocated to that entity. Per irs instructions, employees listed on part v, line 2, are those who are employees of this organization. The foundation does not, however, report these employees on a separate w-3 under its own ein.”

“Contractual liability adjustment 150,747.”