Howard Area Community Center

“As required by the office of head start, a parent policy council is elected from parents of current children in the program. The council elects a chairperson, who also serves as a full voting member of the board of directors.”

“The council therefore has the power to appoint a member to the board of directors.”

“The finance director and the finance committee of the board of directors review the 990 before it is filed.”

“The conflict of interest policy is distributed and discussed each fiscal year. After review of the policy, board members are asked to complete a form that discloses potential conflict of interest or states that there are no potential conflicts. The organization tracks these forms to ensure that each board member has submitted a completed and signed form each year. Any potenial conflicts that arise are handled according to the policy.”

“The executive director's compensation is reviewed and approved by the board of directors. The compensation of other officers and key employees is determined by the executive director and the board of directors. The salary increase budget for each fiscal year is determined by the board of directors. The human resources committee of the board reviews the salary ranges and the salary grades for the organization positions are classified according to the degree of responsibility for total program, level of academic or special training required, complexity of responsibility, and necessity for exercising independent judgment. Each position falls into one of seven grades.”

“The 990 can be acquired through the guidestar.org website”

“The annual report, including financial statements is available as a hard copy upon request, and on hacc's web site in pdf form. The audit report and financial statements are also available on illinois attorney general's web site, and federal 990's are available on guidestar's web site. Governing documents and policies are made available upon request.”

“Contractual staff: program service expenses 382,946. Management and general expenses 113,303. Fundraising expenses 22,952. Total expenses 519,201. Professional services: program service expenses 116,367. Management and general expenses 59,079. Fundraising expenses 3,581. Total expenses 179,027.”

“The process has not changed from the prior year, although the organization hired new auditors for the current fiscal year after a competetive proposal process.”