Lubick Foundation Ramstrength

“Michelle boyle the executive director is related to carol jo lubick who currently is on the board of directors.”

“The governing body is required to have the board review the return prior to electronic filing. The return is provided by the third party preparer to the board for review prior to release.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The board has an annual review of the salaries paid out to the executive director and other members that provide services to the board. These individuals are non-voting members of the board and do not have direct involvment in the decisions of their own salaries.”

“The organization provides these documents upon request.”

“The organization provides these documents upon request.”