Empowering People Inspiring Capabilities Inc.

“Form 990 is reviewed by the finance committee prior to filing.”

“Any possible conflict of interest on the part of a director shall be disclosed to the board. When any such interest becomes a matter of board action, such director shall not vote or use personal influence on the matter, and shall not be counted on the quorum for a meeting at which board action is taken on the interest. The director may, however, briefly state a position on the matter, and answer pertinent questions of board members. The minutes of all actions taken on such matters shall clearly reflect that these requirements have been met.”

“The board of directors is responsible for hiring the ceo and determining his/her compensation. This is addressed in the constitution and bylaws, and board job description. The only increase in that compensation during the last four years has been at the same percentage as increases given to all employees. Salary surveys for ceo's at comparable agencies in our region are available to the board.”

“The organization's governing documents are available to the public upon request in writing to the business office.”

“Other professional services: program service expenses 1,709,900. Management and general expenses 96,520. Fundraising expenses 93,715. Total expenses 1,900,135. Consulting: program service expenses 0. Management and general expenses 2,100. Fundraising expenses 0. Total expenses 2,100.”

“Telephone: program service expenses 52,964. Management and general expenses 15,484. Fundraising expenses 1,881. Total expenses 70,329. Printing & copying: program service expenses 15,331. Management and general expenses 4,196. Fundraising expenses 13,775. Total expenses 33,302. Equipment rentals: program service expenses 17,048. Management and general expenses 13,982. Fundraising expenses 0. Total expenses 31,030. Equipment purchases: program service expenses 22,702. Management and general expenses 3,588. Fundraising expenses 1,330. Total expenses 27,620. Membership dues: program service expenses 0. Management and general expenses 12,200. Fundraising expenses 0. Total expenses 12,200. Staff and board development: program service expenses 4,903. Management and general expenses 2,074. Fundraising expenses 203. Total expenses 7,180.”

“Change in net assets of related entity 43,192. Pension related changes 802,412.”

“The finance committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant which is the same process as in prior years.”