Iglesia Cristiana Shekinah

“The Non Profit corporation has no members it is governed by a body of seven 7 directors selected from the congregation.”

“The organization is a non profit corporation with no members.”

“The organization has no members. It appoints a seven directors to its board of director from the congregation of the church in a church assembly.”

“The form is completed by our external auditors and it is reviewed by the board of directors.”

“Our external auditors reviews the conflict of interest policy for possible changes that may be required. These changes are then presented with recommendations. The process is as follows: Initial Preparation: Before the review the board should ensure that all members have a current copy of the policy. This preparation phase may include gathering any reports or disclosures that have been made since the last review. Education and Understanding: It's crucial that all board members understand what constitutes a conflict of interest. This often involves a discussion or presentation on the types of situations that could be problematic such as personal financial gain from board decisions or relationships with entities that might benefit from the non-profit's activities. Assessment of Current Policy: The board evaluates the existing policy to determine its effectiveness. This involves looking at past instances where the policy was applied and considering whether it adequately addressed the situation. The board also examines if any new types of conflicts have emerged that the current policy does not cover. Gathering Input: Input from board members and possibly from staff or outside experts is important. This can include suggestions for improvements identification of gaps in the policy or discussion of challenges faced in its implementation. Revision and Updating: Based on the assessment and input the policy may be revised. This could involve clarifying language adding new sections to cover previously unaddressed issues or updating procedures for reporting and managing conflicts. Approval of Revisions: Any changes to the policy must be formally approved by the board. This usually requires a vote and may be subject to specific procedural requirements as outlined in the organization's bylaws. Documentation and Communication: Once revised the updated policy should be documented and communicated to all relevant parties. This includes not just board members but also staff volunteers and other stakeholders who need to understand and adhere to the policy. Implementation and Training: After approval implementation of the new or revised policy is crucial. This often involves training sessions for board members and others to ensure everyone understands the changes and how to comply with them. Ongoing Monitoring and Review: Finally the board sets a schedule for regular review of the conflict of interest policy to ensure it remains effective and relevant. This is often done annually.”

“External audit team prepares a compensation package review. This package looks at our current model median income and comparative salary and produces a proposed compensation package.”

“The conflict of interest policy and all financial records of the corporation are kept in the church offices. Any assisting member of the church may review the documents by appointment to the church office and the external auditors are made available via video conference systems to answer any questions.”

“No changes have been made to the oversight process.”