Cots

“Executive committee can authorize approvals on behalf of board when issue in question needs to be determined prior to the next board meeting.”

“Organization changed name from coalition on temporary shelter to cots, effective july 1, 2022”

“A draft of the form is reviewed by the finance committee prior to finalization. Any changes they determine are required are incorporated into the form prior to filing.”

“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 2020). The ceo's salary is determined by the personnel committee, based on the comparable compensation data and is contemporaneously documented.”

“Documents are available upon request.”

“With the assistance of a grant from the kellogg foundation cots started a new program called the family development program. This program emphasizes whole-family services & makes a renewed commitment to interrupting generational poverty by having increased programming for children and parents. New services include: drop-in childcare supporting working adults, academic support services for school-age children residing at peggy's place shelter, and additional employment coaching and mental health support.”

“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.”