Cristo Rey Brooklyn Corporate Work Study Program Inc

“Cristo rey brooklyn corporate work study has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the president, director of operations, finance manager, and the finance committee on the board and is ready to be filed with the internal revenue service, it is distributed electronically to the organization's governing body for any comments prior to its submission. Any comments made by the governing body are presented to the finance committee of the board and the president. Each issue is documented and addressed until the return is finalized and approved for filing.”

“The organization has a written conflict of interest policy that applies to officers, directors, and key employees who are required to disclose annually any interests that could give rise to conflict. The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Any transaction, agreement or other arrangement that constitutes a related party transaction is a conflict of interest requiring the corporation to follow the procedures presented in this policy. The term "related party transaction" means any transaction, agreement or other arrangement in which (a) a related party has a financial interest; and (b) the corporation or any affiliate is a participant. Any director, officer, or key employee who has an interest in a related party transaction shall disclose in good faith to the board, or an authorized committee thereof, the material facts concerning such interest. All actual and potential conflicts of interest shall be disclosed fully and in a timely way to the board of directors through the annual disclosure form and whenever a conflict arises. Those involved are expected to disclose all material facts of any matters that may involve conflicts of interest or transactions perceived by others to raise questions about potential conflicts before any action is taken on the matter, even if the related party does not believe that an actual conflict exists. No related party may participate in deliberations or voting relating to matters set forth in this policy. However, nothing in this policy prohibits the board or authorized committee from requesting that a related party present information concerning the potential conflict of interest or related party transaction at a board or committee meeting prior to the commencement of deliberations or voting relating thereto. Any attempt by the person with the conflict to influence improperly the deliberation or voting on the matter giving rise to such conflict is prohibited. The disinterested members of the board shall make a determination as to whether a conflict exists and what subsequent action is appropriate (if any). The existence and resolution of the conflict shall be documented in the corporation's records, including in the minutes of any meeting at which the conflict was discussed or voted upon.”

“Cristo rey brooklyn corporate work study program, inc. Makes its form 990, form 1023, financial statements, conflict of interest policy, and governing documents available upon request or by calling the organization directly.”

“The board of trustees assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from prior year.”