Cots

“Due to board meeting schedules, the finance committee members reviewed the form 990 on behalf of the board of directors prior to its filing. Board members are supplied with copies of the completed form 990.”

“Cots maintains a conflict of interest policy for all employees and board of directors members. For employees, the conflict of interest policy is signed at the time of hire and continually monitored thereafter by management through open discussion, especially for employees with the ability to enter into contracts on behalf of the organization. For the board of directors, members are required to annually disclose conflicts of interest during the annual board of directors meeting. If any conflicts of interest were to arise, the relationship and contract would be terminated.”

“The ceo's compensation is reviewed by the head of the personnel committee, who has expertise in employment matters, and the board president. Outside comparability data is used to ensure the ceo's compensation is reasonable for the level of complexity, size, and budget of the organization (last performed in 2016). The ceo's salary is determined by the personnel committee, based on the comparable compensation data and is contemporaneously documented. Employee compensation, for those other than the ceo, is reviewed against outside data for similar positions for comparability by the chief human resource officer. This process occurs bi-annually or when a new position is created (last performed in 2015). The salaries are determined by the personnel committee, based on the comparable compensation data and is contemporaneously documented.”

“Documents are available upon request.”

“The agency's grants to provide housing support services and emergency services assistance thorough mshda both ended in october 2013. These programs did not provide services in the fiscal year ended 6/30/2016. In may 2015, the agency was informed that 2 transitional housing grants through the department of hud would be ending 6/30/2016.”

“The finance committee assumes responsibility for the oversight of the audit of the financial statements and annually recommends the selection of an independent accountant to the board of directors for approval. There have been no changes from prior year to the oversight responsibilities of the finance committee.”

“Amended return changes - the following areas of the return were affected by the change in presentation of an amount from an other change in net assets to a contribution on the amended return. - page 9, part viii, line 1f - page 12, part xi, line 9 - schedule a, part ii, section a, line 1, column (e) (2015) - schedule a, part ii, section a, line 5 - schedule b - schedule d, part xi, line 1”