Fswp - Gl V Inc.

“Family services of western pennsylvania is the parent organization acting as a management agent for fswp-gl v, inc. Fswp is a member organization of wesley family services (wfs), which actually employs the management staff. Therefore, wfs is paid a management fee based on residential income collected as outlined in hud form 9839-b, project owner/management agent's certification.”

“Fswp-gl v, inc is one of five wholly owned subsidiaries of family services of western pennsylvania. These subsidiaries share a board of directors; this board does not possess any committees with authority to act on its behalf.”

“Management reviewed in detail form 990; an executive summary was provided to the board of directors.”

“Each employee of wfs, contracted by fswp-gl v, is provided and required to sign a compliance statement with the conflict of interest policy. Additionally, on an annual basis, each board trustee must complete and sign a conflict of interest statement. The agency adopted a compliance plan that is overseen by a compliance team. The compliance team is chaired by the agency's compliance officer. The compliance team conducts meetings on a routine basis.”

“Fswp-gl v, inc does not have a compensated ceo, executive director, or top management official. Fswp-gl v, inc outsources these functions to the parent organization acting as a management agent.”

“Governing documents, policies, and financial statements are provided upon request.”

“The board of trustees of family services of western pennsylvania, including at least one community representative of fswp-gl v, inc, are responsible for ensuring that annual audit of the financial statements is completed. However, this group does not select the independent accountant, as this is done by the audit committee of the wfs board.”