Pacific Community Fund Fka National Asian American Coalition

“The board reviews a complete copy of the return including all schedules with their cpa prior to filing.”

“All officers, directors and key employees are covered persons under naac's conflict of interest policy. An annual conflict of interest disclosure form is required to be completed by all covered persons wherein they affirm that they 1) have received a copy of the conflict of interest policy; 2) have read and understand the conflict of interest policy; 3) agree to comply with the conflict of interest policy; 4) affirm any transactions they or a family member have entered into, directly or indirectly, with naac; 5) affirm whether they or a family member held a position with an organization the naac has any business relationship with; 6) affirm whether they or a family member had a financial interest in any organization that naac has or is contemplating entering into a business relationship with; and 7) affirm whether they or a family member received any gifts, money, loans or other type of service or favor with a market value of $200 or more from any person or organization that has, or is seeking to have, a business relationship with the naac. The board of directors reviews the annual disclosures and addresses any potential conflicts of interest, with any interested person abstaining from the deliberation and discussion of the matter.”

“Naac's board of directors has a process for reviewing and approving the compensation of officers and key employees on a regular basis to determine it is fair and reasonable with the goal of retaining employees at compensation levels within appropriate market range. The process for determining the compensation paid to the ceo, officers, and key employees includes the approval of the compensation arrangement in advance, by the board of directors, with all persons with a conflict of interest abstaining from the board's deliberation and discussion. The board reviews data of comparable compensation for similarly qualified nonprofit executives at similarly situated entities. The documentation of the board includes the terms of the transaction and the date of approval, the members who were present during the debate and vote on the transaction, a description of the comparable data and how it was obtained, and documentation of the basis for the determination.”

“Documents available upon request.”

“Some or all of these items may be available upon request.”

“Professional fees: program service expenses 118,657. Management and general expenses 767,282. Fundraising expenses 0. Total expenses 885,939.”

“The organization did not change their process during the tax year.”