Communitygiving

“The 990 is prepared by the organization's public accountant with the assistance of the organization's personnel. Upon completion of the 990, it is provided to the organization's board at the next available meeting, or to each member through e-mail if the next available meeting is after the due date of the 990, in order to review and sign prior to mailing.”

“The staff of the organization review all returned, signed conflict of interest policy statements prepared by the volunteers and key employees for conflicts identified within the statement. Should a transaction with the volunteer or key employee identified within the statement be recommended, the potential transaction is brought to the board of directors for approval and the related volunteer or key employee is removed from the discussion and/or vote.”

“The process for the annual review of the president is the responsibility of the governance committee of the organization. Each spring the governance committee shall create a written survey instrument for all board members of the organization to complete. The survey instrument will contain questions that directly relate to the job description of the president. The survey along with the president's written self-assessment and the president's assessment of annual goal attainment will be sent to all members of the organization's board of directors. The survey results will be compiled by the board chair and governance chair of the organization. The governance committee will review the results of the survey and prepare a recommendation to the board of directors. The governance committee will also review the current salary level of the president and compare the survey to similar positions and similar organizations. Based on the comparative survey review and the results of the annual survey and the president's attainment of annual goals, the governance committee will formulate a recommendation for any compensation adjustment for the president. The chair of the governance committee will report the results of the survey and the recommendations to the board of the organization. The board will act on the recommendations of the governance committee. The chair of the governance committee will share the results with the president.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Change in value of trusts -800,526. Change in value of life insurance -59,430. Fasb 958-605 adjustment 1,396,225.”

“No change from prior year”