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 2,397,550. Management and general expenses 157,870. Fundraising expenses 78,570. Total expenses 2,633,990.”

“Telephone: program service expenses 56,349. Management and general expenses 9,719. Fundraising expenses 2,006. Total expenses 68,074. Staff and board development: program service expenses 29,654. Management and general expenses 8,148. Fundraising expenses 2,873. Total expenses 40,675. Equipment rentals: program service expenses 17,843. Management and general expenses 10,611. Fundraising expenses 0. Total expenses 28,454. Equipment purchases: program service expenses 13,696. Management and general expenses 8,665. Fundraising expenses 112. Total expenses 22,473. Membership dues: program service expenses 0. Management and general expenses 12,700. Fundraising expenses 0. Total expenses 12,700. Printing & copying: program service expenses 2,586. Management and general expenses 1,414. Fundraising expenses 6,526. Total expenses 10,526.”

“Change in net assets of related entity 26,523. Pension related changes -598,079.”

“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.”