Svdp Management Inc

“A draft of the form 990 is reviewed by the audit committee prior to filing. The committee may recommend corrections or changes, after which a final version of the form is circulated to all board members prior to filing.”

“Conflict of interest enforcement - any board member who has the potential for any tangential conflict is excluded from votes that are related to the conflict. Under certain circumstances, the board member may be asked to leave the room during any discussion and would be excluded from the distribution of any materials related to the issue. Additionally, while it is just a small part of any potential conflict, board member rosters that are distributed to all board members and to key staff members include the employment affiliation of each board member to help identify instances where the potential for conflict may be present. Board members complete and sign a conflict of interest statement annually.”

“The organization has an annual review process for each individual and any salary action is based upon that evaluation. The human resources department collects information to determine the salary ranges of similar positions at comparable organizations and provides that research when salary deliberations are being made. The compensation committee of the board works with the director of human resources to review and make recommendations regarding the compensation of the leadership team.”

“The organization's audited financial statements and form 990 are posted annually to its website. Articles of incorporation, by-laws, and conflict of interest policy are available to the general public upon receipt of a written request.”

“The officers reported in part vii work at least 40 hours per week. Their time is allocated between s.v.d.p. Management and the unrelated organization st. Vincent de paul village with whom the organization has an administrative services agreement. In 2020, the officers spent 50% of their time at s.v.d.p. Management and 50% of their time providing management services to st. Vincent de paul village. The compensation reported in part vii is their total compensation. A portion of their compensation is reimbursed by st. Vincent de paul village through the administrative services agreement.”

“Other professional fees: program service expenses 145,356. Management and general expenses 569,255. Fundraising expenses 114,805. Total expenses 829,416. Contractor services: program service expenses 112,896. Management and general expenses 722,614. Fundraising expenses 115,243. Total expenses 950,753. Security services: program service expenses 142,722. Management and general expenses 54,300. Fundraising expenses 0. Total expenses 197,022.”

“Change in value of charitable remainder trust 9,726.”

“The audit committee is responsible for retaining and terminating the auditor; setting the auditor's compensation; conferring with the auditor to satisfy themselves that the financial affairs of the corporation are in order; and reviewing and approving the audit. The outside auditors, appointed by the board, shall have direct access and be ultimately responsible to the audit committee.”