Easterseals Central Illinois

“Prior to filing, the form 990 is reviewed by easterseals central illinois president/ceo and cfo along with an officer from the governing board. Form 990 is then distributed to the full governing board via email”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest include: a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or agreement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstance not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterest directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“Process for determining compensation: the executive evaluation and compensation committee consists of at least three members of the board including the immediate past and the current chairman. The committee evaluates the performance of the president and ceo and establishes compensation annually. Members of the committee for fiscal year 2020 were: don young, jonathan michael, mark scott and seshadri guha. Compensation review: the performance of all employees, including officers and key employees, is reviewed at least annually with their supervisor. Employee associati on salary and benefit surveys (along with easterseals affiliate benchmarking reports) are utilized to keep abreast of changes in the labor environment with compensation established in relation to the employee's experience and skills, competitive market rates, and pay rates within the organization for comparable positions.”

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Other professional fees: program service expenses 353,221. Management and general expenses 30,670. Fundraising expenses 488. Total expenses 384,379. Fees for services - foundation: program service expenses 21,848. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,848.”

“Other expenses: program service expenses 9,214. Management and general expenses 1,712. Fundraising expenses 0. Total expenses 10,926.”

“Change in value of beneficial interest in trust -2,900. Change in intrest in timber pointe net assets 28,571. Other adjustments -25,002.”

“The process for oversight of the audit and selection of an independent accountant has not changed from prior years.”