Partners for the Common Good

“The corporation has institutional members appointed by the board of directors.”

“Pcg shall have two classes of members: permanent members and term members. Entities eligible for membership in the corporation are faith-based organizations that: (1) are committed to the mission and purposes of this corporation; (2) are religious organizations, or are owned or otherwise controlled by a religious affiliated organization of any denomination; and (3) commit to fulfill the duties and responsibilities of membership as may be established by the members from time to time. All members shall have equal voting rights.”

“The members shall be entitled to vote on the following matters: (a) adoption or amendment to the mission, purposes and philosophy of this corporation and its subsidiary corporations, including any change that would result in revocation of its 501(c)(3) tax exempt status; (b) any amendment of the articles of incorporation or bylaws that affects the role, duties or voting rights of the members; (c) merger or consolidation of this corporation into or with another entity, and the dissolution or otherwise wrapping up of the affairs of this corporation; (d) sale, lease, exchange, mortgage, pledge, encumbrance or other disposition of all or substantially all, of the assets of this corporation; (e) except as otherwise provided herein, the approval of new members of the corporation; (f) determining the eligibility requirements and conditions of membership in this corporation; and (g) the appointment or removal, with or without cause, of members of the board of directors of this corporation.”

“Organization's process to review form 990- the chief accounting and administrative officer works with the accounting firm to prepare the 990. Once it is completed by the accounting firm, it is returned to the caao and the chief executive officer for review. The return is then submitted by management to the finance sub-committee of the board of directors for approval. After the approval of the sub-committee, it is passed on to the entire board of directors, with a presentation from the audit firm.”

“Enforcement of conflicts policy- the policy is maintained via the general behavior of employees, and the ongoing relationship between the ceo and staff. Open communication is encouraged. A specific discussion would occur in the event of a situation requiring policy enforcement.”

“Compensation process for top official- the board of directors performs an annual review of the chief executive officer. Any changes to compensation for the ceo are implemented during the annual budgeting process, with the approval of the board of directors. Any changes to compensation for other officers and key employees are also implemented during the annual budgeting process, with the approval of the chief executive officer. Periodically, the chief accounting and administrative officer will research salaries based on the industry standards and the practices of the organization's peers in the industry. In addition, the board of directors may request the same type of research and statistics regarding the compensation of the ceo. The board of directors approves the annual budget, which incorporates any compensation changes.”

“Governing documents disclosure explanation- available upon request for benefit of investors.”

“Partners for the common good's employees are paid through an unrelated entity christian brothers through an administrative agreement. The amounts noted for parts v, vii, ix, and schedule j are based on what is paid by christian brothers and reimbursed by the organization.”

“Equity in losses from equity method 221,126.”