Cleveland Society for the Blind

“The president/ceo, executive vp/cfo, members of the executive committee, members of the finance committee, as well as the entire board of trustees have the opportunity to review the form 990 prior to filing. The approval is formally documented in the minutes of the finance committee.”

“The agency requires all of its employees and board members to sign a code of ethical practice when they are new to the organization and annually thereafter. Volunteers sign a code of ethics upon their start as a volunteer. Additionally, the corporate compliance officer monitors conflicts of interest among other matters surrounding fraud, waste and abuse. All members of the board of directors shall annually review and sign a disclosure statement. Board members are also asked, at least annually, to disclose in writing any business and/or family relationships they may have with other board members and with companies or other entities doing business with the organization. It is the policy of the board of directors that no board member shall profit in any way from the transaction of any business with this organization involving the sale of services or products, the use of capital, or lease and/or purchase of real estate. In the event a conflict of interest may arise with regard to a specific board decision, the member who has a potential conflict of interest shall disclose the conflict and shall refrain from deliberating and voting on the issue involving the conflict.”

“The president/ceo, executive vp and cfo, human resources department and/or a committee within the board of directors, performs compensation analysis using available market data and based on the type of position, needs of the organization and level of experience of the candidate/employee.”

“Certain governing documents, the conflict of interest policy and financial statements are available upon request.”

“Total revenue in item g on page 1 of form 990 reflects $18,032,553 in gross receipts. This is comprised of the following, using figures from page 9, part viii: total revenue (line 12, column a) $15,659,442 basis on sale of securities (line 7b) $1,982,843 fundraising expenses (line 8b) $46,742 cost of inventory sold (line 10b) $343,526 total: $18,032,553”

“The organization no longer operates highbrook lodge as a camp.”

“Other professional fees: program service expenses 102,012. Management and general expenses 8,041. Fundraising expenses 4,323. Total expenses 114,376. Other outside services: program service expenses 1,118,721. Management and general expenses 88,178. Fundraising expenses 47,413. Total expenses 1,254,312. Staff training and development: program service expenses 35,200. Management and general expenses 2,774. Fundraising expenses 1,492. Total expenses 39,466.”

“Change in value of beneficial trusts 1,225,158. Change in value of annuity agreements 15,409.”