Gesher Human Services

“The executive committee shall be comprised of the volunteer officers of the corporation and the chairs of all standing committees (but not special or ad hoc committees). The president shall be an ex officio (without vote) member of the executive committee. The executive committee may act for the board between meetings, but may not amend the articles or the bylaws, or take other actions not permitted for executive committees under section 528.1 or other provisions of the act. The executive committee shall meet at least two times per year on a regular basis to transact any business that is appropriate for consideration.”

“The organization amended its bylaws to state that it is the sole member of kadima nonprofit housing corporation as of 6/30/24.”

“The audit committee is responsible for the review of the form 990 and has authority to act on behalf of the governing body in regard to the form 990. Each committee member receives a copy of the form 990 and is able to provide feedback and changes prior to the return being finalized for filing. A copy of the audit committee approved form 990 is distributed to the entire board of directors for review and comment prior to filing. Appointment to the audit committee is made by the board chair.”

“Gesher has a code of ethics and a conflict of interest policy that is distributed to and reviewed with all new board members and redistributed annually to the entire board as a reminder. The board of directors annually complete a conflict of interest statement. All board members are expected to inform gesher of any changes that arise during the year that would result in any potential conflict of interest. Additionally, all known conflicts are reviewed annually at a board meeting and all board members are asked if there are any other known conflicts. If conflicts arise, it is the practice of board members who are in conflict to abstain from participation and voting on the related subject matter.”

“Compensation process for top official: the chief human resources officer obtains comparability data from the form 990 of similar organizations as well as published compensation surveys for the ceo position. The professional compensation studies selected contain comparable positions in comparable organizations. The hr/compensation oversight committee of the board of directors utilizes this data in conjunction with the annual written performance review of the ceo to determine the compensation arrangement for the year. The committee is comprised of board members selected by the chair. Compensation process for officers: the chief human resources officer obtains comparability data and published compensation surveys for all positions where compensation is greater than or equal to $115,000 per annum. The surveys include professional studies that contain comparable positions in comparable organizations and form 990 data for similar organizations. The hr/compensation oversight committee of the board of directors utilizes this data to establish salary ranges for each position. Once the salary ranges are approved by the committee, the ceo is authorized to set salaries within the approved range in conjunction with annual performance reviews.”

“In the spirit of transparency, upon request, gesher will make available its articles of incorporation, bylaws, and conflict of interest policy. Gesher's summarized financial statements are available in the gesher annual report (a public document), or a detailed copy is availabel upon request. All requests for information may be directed to the office of the chief financial officer.”

“Market change in value of endowment funds 904,856. Transfer from kadima -1,785,192.”