Young Mens Christian Association Lima

“The final form 990 is emailed to each member of the board of directors prior to filing the return. No formal review is done by the board members prior to filing of the return; however, the organization's controller conducts a review of the return prior to filing. The return is subsequently reviewed by the organization's finance committee and then the full board of directors at the next regularly scheduled meeting of each body.”

“Each member of the board of directors and the board of trustees is subject to the written conflict of interest policy. Business transactions of the ymca in which a board member has an interest are not prohibited, but such transactions receive close scrutiny to determine that the transaction is in the best interest of the organization and will not lead to a conflict of interst. Before any negotiations or considerations of a grant request by another organization to the ymca, a board member is to submit a report to the president/ceo giving full disclosure of any dual interest he/she may have in a proposed transaction and any reasons why the transaction might not be in the best interest of the ymca. If the matter requires a vote, the president/ceo will forward copies of the disclosure report to each board member before the vote. A board member with a dual interest shall not be permitted to vote on the matter, and may be excluded from any discussion of the matter. Each board member is required to complete a conflict of interest disclosure statement annually.”

“The executive committee appoints a ceo performance/review committee ("review committee") to review the compensation of the ymca's president/ceo on an annual basis. This committee uses guidelines for salary administration provided by the ymca of the usa. The ymca of the usa's regional consultant provides the review committee with compensation information for ceo's of similar sized ymca's in northwest ohio for the group to consider. The review committee makes a recommentation to the executive committee for final approval. Minutes of the committee meetings are recorded. The hr committee establised a hay administration plan for all positions in the ymca using a regional consultant based in the pittsburg ymca. The process includes gathering data for salaries of similar positions in similar sized ymca's in the area.”

“The organization's form 990 is posted on the internet site of guidestar.org. Copies of all documents, including the organization's form 990, audited financial statements and constitution, which contains the conflict of interest policy, are available to the public upon request and are kept in the administrative offices of the organization.”

“Book to tax depreciation adjustment -38,346”