County Corp

“The organization's governing body has delegated authority to act on its behalf to the executive committee, which is made up of 5 members of the governing body, for the following items: 1) take any action which the board of trustees has specifically authorized, 2) review the performance of the president and recommend his or her compensation and other terms of employment, 3) authorize any expenditure of less than $10,000, and 4) exercise authority delegated by the board of trustees and act upon any other matters incidential to the functions of an executive committee.”

“The organization has a single class of members all with equal voting rights. The members elect the members of the governing body, the county corp board of trustees.”

“The organization has a single class of members all with equal voting rights. The members elect the members of the governing body, the county corp board of trustees.”

“An independent accountant prepares form 990 and all required schedules. The return is signed by the president and provided to the board of trustees prior to being filed.”

“All county corp board of trustees and employees are required to read and sign a conflict of interest policy form upon appointment as a new trustee or upon hire as a new employee and annually thereafter. This policy states that the trustee or employee who has a conflict of interest with respect to a matter shall notify the corporation and other trustees present before discussion of such matter begins and abstain from voting in that particular matter. The organization also regularly and consistently monitors the affiliations its trustees and employees have as to assist the trustee or employee in reporting any conflict of interest they may have.”

“The process for determining compensation for the organization's president is a function of the executive committee who has the authority to perform mid-year and annual reviews of the president and may award an increase within the parameters of a previously approved allotment for all employees of county corp. The executive committee reviews and recommends for approval to the county corp board of trustees an annual budget that may include an allotment for potential increases which may be disbursed on a merit basis. The personnel committee reviews salary studies and/or salary comparisons of similar organizations and approves any adjustment in salaries or salary ranges as needed for all employees of county corp. The president and managerial employees are responsible for completing mid-year and annual reviews for their employees and increases may be awarded within the parameters of a previously approved allotment for all employees based on merit.”

“Documents are made available as required by law.”

“Related organizations, home ownership center and county corp development merged with county corp and county corp took over the execution of the programs.”

“County corp's disaster recovery program, approved by the federal home loan bank of cincinnati to aid homeowners affected by the 2019 memorial day tornadoes, has ended. The carillon home improvement program, funded by cdbg through the city of dayton and administered by county corp, supported exterior repairs and accessibility upgrades for low-income households. It aligned with the carillon-edgemont neighborhood plan's goals for housing stabilization. The program has since ended.”

“Cumulative change in accounting principle -2,216,433.”

“County corp's audit committee is responsible for oversight of the independent audit and selection of the independent auditor. This process is consistent with the prior year.”

“Part ix, lines 7, 9, & 10 of form 990 reports the aggregate wages and benefits of county corp and its related organization homestart. The allocated payroll on part ix, line 24e represents the portion of the joint wage and benefit costs that were initially paid by county corp and allocated amongst the organization and related organization for repayment. During 2023, homestart reimbursed county corp for its share of allocated wages and benefits $159,673 .”