Serving People in Need Inc.

“The return preparer mails a copy of the 990 to the organization for review. The Executive Director mails a copy to the treasurer for distribution to the finance committee and Board for review and signature by the treasurer.”

“The conflict of interest policy is signed annually by the members of the Board and reviewed by the Financial committee Chair and Chairman of the Board. If there is an apparent conflict of interest it is investigated immediately by the head of the Finance committee. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether SPIN can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in SPIN's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the members has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The review procedures for the Executive Director are: the ED is asked to provide comparable salaries from the Orange County Community Foundation Salary Guide for the most current year, the Compensation & Benefits Survey from the Center for Nonprofit Management and any other surveys that may have been done for Orange County recently. This information is reviewed periodically by the Board Chair and is available upon request for other Board members. The Board may also ask for information from other similar nonprofits whose ED performs similar duties, i.e. fund development, grant writing, etc. At a regular Board meeting the Chair solicits input from Board members regarding the ED performance and the Board establishes the ED's compensation for the year. The Chair and ED may wish to establish goals for the following year at that time or at another meeting, perhaps in conjunction with the annual budget.”

“Governing documents, conflict of interest policy and financial statements are available to the public in the office, on-line, with GuideStar, on SPIN's website, submitted with all grants - gov. and otherwise, by request, etc.”