Little City for Community Development

“The tax return is reviewed by the controller and vp of finance, then by the executive director and board”

“Board members are asked to review the policy, provide potential conflicts and sign off on an annual basis. These disclosures are reviewed by the executive director and his assistant. Whenever there is reason to believe that an actual or potential conflict of interest exists between little city for community development and a director or staff member, the board of directors determines the appropriate organizational response. Where an actual or potential conflict exists between the interest of little city for community development and a director or staff member with respect to a specific proposed action or transaction, little city for community development shall refrain from the proposed action or transaction until such time as the proposed action or transaction has been approved by the disinterested members of the board of directors. The director or staff member shall not participate in any way in, or be present during, the deliberations and decision making with respect to such action or transaction. However, the director or staff member may, upon request, be available to answer questions or provide material factual information about the proposed action or transaction.”

“All compensation is paid by related organization little city foundation. On an annual basis, an independent consultant provides compensation survey results to select board members on the human resources subcommittee of the od&g committee and to the executive committee of little city foundation. Survey results are used to establish the compensation level for the executive director and key employees. The survey results, recommendations from compensation consultants, and compensation decisions of the board members are documented and maintained.”

“The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in irc section 6104(d).”

“Other professional fees: program service expenses 42,478. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,478.”

“The process has not changed from previous years.”