Lydia'S Place Inc

“The executive committee shall have the responsibility for the overall functions of the corporation when action is necessary between regular board meetings or in an emergency situation, when a meeting of a board quorum is not possible. When necessary, the executive committee is empowered to take such action as is deemed necessary subject to confirmation by the full board. The executive committee may, when necessary, request the president to authorize one or more employees of the corporation to assist the committee in the performance of its duties. The executive committee shall have the responsibility of developing, monitoring and evaluating any "advisory boards" that may be authorized by the board of directors.”

“The renewal inc. Board of directors shall have the power to appoint members of the board of directors of lydia's place, inc.”

“The form 990 is prepared by an outside accountant and provided to the director of finance for an initial review. Once any changes are made from the director of finance's review, the form 990 is then provided to the vp of the finance committee for review. Following review by the vp of the finance committee, the form 990 is submitted to the full finance committee of the board and finally a copy is circulated to all board members prior to filing with the internal revenue service.”

“Each officer and director of lydia's place, inc. Shall complete an annual disclosure form disclosing his or her potential conflicts of interest. Officers and directors must also complete the annual disclosure form to the best of their knowledge and belief. These disclosures will be given to the chairperson of lydia's place, inc. And will be kept by lydia's place, inc. Additionally, these disclosures will be made available to all members of the board of directors for the express purpose of determining compliance with this statement.”

“Officers are paid by renewal, inc., a related organization. A compensation suvery of the local market was used when determining salaries. Compensation was approved by the board chair and executives.”

“The organization's year end financial statements and annual report can be obtained upon request to the organization.”

“The organization's financial statements are audited by an independent accounting firm. The process involving oversight of the audit of the organization's financial statements and the selection of the independent accountant has not changed from the prior year.”