Alcona County Commission on Aging

“Prior to submittal of the form 990, a copy is provided at a board meeting and discussions are encouraged and any questions are addressed and upon full board approval, the 8879-eo is signed and submitted to the cpa for transmittal.”

“Annually, the board of directors and key employees must disclose all conflicts of interest and sign the conflict of interest policy. When a conflict arises, the board determines what is in the best interest of the organization. If the conflict is with a board member, that board member is not permitted to vote on that issue.”

“The board of directros will meet with various independent parties, as deemed necessary, review comparative organizations pay rates and then formally approve an original pay amount at their board meeting for the executvie director. The board of directors must formally approve all pay increases for the executive director as well.”

“The executive director will meet with various independent parties, as deemed necessary, review comparative organizations pay rates and will then recommend to the board of direcgtors the original pay and all pay increases for all other employees. The pay and increases; however, are not put into effect until after the board of directors approve the executive director's recommenations. The board of directors does not receive any compensation for performing their duties.”

“Upon request, preferably in writing, the organization makes a copy of the requested documents and makes them available for pick up or mail to requestee.”

“Volunteers are utilized in many ways, such as with fundraising and bingo activities, receptionist duties and assisting in the kitchen when needed.”

“Book / tax depreciation difference -3”

“ROUNDING”