Capitol South Community Urban

“The board has members who control or are employed by area financial institutions, law firms, consulting firms and various other business enterprises. Throughout the year, various officers, directors, trustees and key employees have business relations with these organizations in the normal course of their business and personal lives.”

“The form 990 is reviewed and approved by the cfo and president & ceo prior to its filing. Further, the form 990 is reviewed by the organization's audit & finance committee prior to its filing.”

“Board members are required to sign an annual acknowledgement they have read the conflict of interest policy and disclose any potential conflicts. The conflict of interest forms are distributed annually by the executive assistant to employees, management and board members for completion and signature. The executive assistant and the general counsel ensure all forms are returned and any potential conflicts are addressed.”

“The board determines the compensation of the organization's ceo. The board considers goals, accomplishments, compensation level of other local non-profit ceo's, and compensation history. Regarding the compensation of the key/highly compensated employees, the organization's ceo and president conduct a process similar to the one done by the board for them.”

“The organization's forms 1024 and 990 are available for public inspection upon request. Further, the organization's form 990 is available for public inspection through another's website, www.guidestar.org.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“To serve a public purpose and seek the improvement of urban conditions, including without limitation the elimination of urban blight, through direct and indirect participation in activities relating to development, redevelopment, and other projects located in (i) the geographic area located in the city of columbus, ohio, that is bounded generally on the north by route 670, on the east by route 71, on the south by route 70 and on the west by the railroad properties and rights of way separating franklinton from the scioto peninsula, and (ii) such other geographic areas as shall be approved from time to time, by the city council of the city of columbus, ohio. The purposes for which the corporation is formed are exclusively charitable and educational purposes, including without limitation, (a) combating community deterioration and juvenile delinquency, (b) lessening the burdens of government, and (c) making distributions to organizations that qualify as a exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended (or the corresponding provision of any future united states internal revenue law) and (ii) agree to apply such distributions exclusively for charitable or educational purposes in franklin county, ohio.”

“Capitol south contracts with resourcing edge, a professional employer organization (peo) to perform workforce management services including payroll services, administration of benefit and workers' compensation plans and management of human resource processes. The peo is the employer of record for the employees working for the organization.”

“Which oversees the audit process, ultimately approving the audited financial statements and presenting them to the board. This committee also coordinates the process for the selection of the independent accountant. This process remains unchanged from the prior year.”