King Park Development Corporation

“Renew indianapolis has changed their name to intend indiana.”

“Organization's process to review form 990 - a draft of the form 990 is provided electronically on the website and by mail to all board members. It is then discussed and approved at the monthly board meeting.”

“Annually, the board members and related parties are required to disclose any possible conflicts of interest. The board members sign a conflict of interest document that states if there is a conflict that they will not participate in the actions involving decisions in which such conflicts occur.”

“The board president performs the overall review for the executive director and the salary increase/decrease is recommended by the board president to the overall board of directors based on comparing educational level, skill sets and pay scale to other executive directors in indianapolis. All recommendations are discussed by the full board and increases are approved by the full board. The executive committee requests wage comparison data on related positions and performance outcomes by employee. Proposed wage increases are determined from the information provided.”

“The governing documents are on file with the indiana secretary of state and are available to any individual who wishes to access them at that location. The financial statements are posted annually on guidestar. In addition, documents are available for inspection at the renew indianpolis business office upon request.”

“Volunteers serve in the capacity of board member service, committee service, and assistance with events.”

“Consulting fees: program service expenses 15,678. Management and general expenses 4,159. Fundraising expenses 200. Total expenses 20,037. Development and training: program service expenses 6,515. Management and general expenses 3,076. Fundraising expenses 49. Total expenses 9,640. Other professional fees: program service expenses 197,203. Management and general expenses 57,345. Fundraising expenses 9,634. Total expenses 264,182.”

“The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. The organization did not change its oversight process or selection process during the year.”