Center for Changing Lives

“Once prepared, the Form 990 draft is provided to the finance committee and accounting staff for the purpose of review. Once reviewed and any amendments adopted, the finance committee provides the draft form 990 to the board of directors with their recommendation. Board members review the draft and approve the draft prior to filing.”

“The Board of Directors personnel and finance committees review the personnel and financial policies and procedures, respectively, and policies are approved by the full board of directors bi-annually. Both policies include a conflict of interest statement. Board and key staff members sign conflict of interest statements annually and, at that time, disclose conflicts of interest. The board chair reviews and bears witness to completed forms and enforces the policies.”

“Compensation is determined by Board of Directors for the Executive Director based on the results of both budgeting and annual performance evaluation that is conducted by the personnel committee of the board and presented and approved by the board of directors annually.”

“The Executive Director and accounting staff draft and provide the budget for the organization, inclusive of salary schedules, to the finance committee of the board of directors. The finance committee reviews and amends the budget and salary schedules and makes a recommendation for adoption to the full board of directors, who review and approve annual budgets and salary schedules. No board of directors member is compensated.”

“The organization provides governing documents, policies and financial statements upon request. CCL also provides organizational documents via Guidestar (http://www.guidestar.org/profile/36-3731388).”

“OTHER PROGRAM SERVICES 4: Training and Technical Assistance Program: CCL's Training and Technical Assistance Program provides training and consulting services to its broader community so they can access coaching and capacity building on financial and workforce topics. CCL utilizes this program to bring "Just Financials", its community focused financial coaching group series, to communities of shared values, in order to create space for self-reflection on participants' personal and public financial lives. CCL also provides coaching training nationally in partnership with Local Initiatives Support Corporation and trains at the request of partner organizations and groups on both financial topics and coaching. In 2015, CCL trained 36 people in "Just Financials" and provided coaching training nationally to LISC affiliates and non-profit partners in Houston, Chicago, Detroit, Los ANgeles, and Rhode Island.”