Allegheny Conference on Community Development

“The conference's board is composed of the chief executive officers of the region's most significant employers and universities dedicated to improving the economy and quality of life in the pittsburgh region. Given the composition of the board and its desire to create a competitive business climate and market the region for investment and job creation, it is not unusual that a significant number of individuals serving as a board member on the conference may also serve together on other related or unrelated boards. The conference places reliance on the board members' responses to the annual questionnaire in identifying such business relationships. Business relationship: mr. Yablonsky, ms. Skelley and mr. Flanagan business relationship: mr. Porges, mr. Suresh and mr. Wadhwani business relationship: ms. Barazzone, ms. Fleming and mr. Oeler business relationship: mr. Mcgill and mr. Advaithi business relationship: mr. Malone, ms. Ellsworth and mr. Delie business relationship: mr. Malone and mr. Holmberg business relationship: mr. Malone and ms. Feinstein business relationship: mr. Neupaver and mr. Ball business relationship: mr. Papadourakis and mr. Bjoernslev business relationship: mr. Strickland and ms. Shipley business relationship: mr. Ryan and mr. Lambert business relationship: mr. Yablonsky, ms. Skelley, ms. Shipley and mr. Getty business relationship: mr. Malone, mr. Yablonsky, ms. Skelley and mr. Barbour business relationship: mr. Engel and mr. Longhi business relationship: mr. Romoff, mr. Gallagher, and ms. Shipley business relationship: mr. Barbour and mr. Gallagher business relationship: mr. Bunch and mr. Mcgarry”

“Approximately one week prior to filing, the governing body and the organization's management team is granted access to a secure link to the organization's ftp site to view the final form 990. During this time, the organization's board members can volunteer any observations & comments on the return but are not required to review or formally approve the form 990 before or after it is filed as part of its board activities. The organization's finance group functions in tandem with the management team during the preparation of the return. The audit committee chair as part of his/her responsibilities will be given copies of the draft returns for review. The chief executive officer will meet with the cfo prior to signing the final return and will have the opportunity to review and ask questions as necessary.”

“Annually, each officer, director and key employee (o,d,ke) of the organization must complete a conflict of interest disclosure statement and affirm that he/she has read, understood and has complied with the policy. All responses to the disclosure statement are summarized by the accounting department. The chief executive officer or his/her designee is responsible for reviewing the summary of disclosure statements so that he/she is familiar with and can report potential conflicts to the board. In addition, each interested person must disclose the existence of any financial interest or other interest (and all material facts regarding such interest) at the time the board is considering a transaction that may involve a conflict of interest or the appearance of a conflict. If determined a conflict of interest exists, the interested person will recuse himself or herself from voting. If the governing board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it will inform the member of the basis for such belief. If the board determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The minutes of the board will disclose the actions taken.”

“At the direction of the board's personnel & compensation committee, an independent consultant is engaged on a bi-annual basis to conduct an analysis of executive compensation to ensure pay practices are reasonable and within the range of typical market practices.”

“The conflict of interest policy and financial statements are not made readily available to the public via the organization's website, and requests for this information are handled on a case by case basis.”

“Explanation: committee oversight there were no changes from the prior years.”