Comunidades Latinas Unidas En Servicio

“The form 990 is prepared by an outside accountant. The officers and finance committee of the organization review the form 990 prior to filing and a final copy of the 990 is provided to the board of directors for review.”

“The board of directors will not enter into any transaction involving a conflict of interest unless 1. That interest is disclosed to the board 2. The board approves, authorizes or ratifies the action in good faith 3. The approval is by a majority of directors, not counting the interested director and 4. The above occur at a meeting where a quorum is present, not counting the interested director. The interested director may be present for discussion to answer questions, but may not advocate for the action to be taken and must leave the room while a vote is taken. The minutes of all actions taken on such matters clearly reflect that these requirements have been met. To date, no conflicts have been discovered. Directors fill out a conflict of interest disclosure form annually.”

“The board chair conducts an annual thorough performance review for the president, using the organization's performance review forms. The board chair uses comparable external data from guidestar as well as the council of nonprofits annual compensation survey data in determining compensation. The executive committee of the board of directors reviews and ratifies the board chair's recommendations for the president's performance evaluation and compensation. This process was documented in the meeting minutes. This process was last completed for the 2024 calendar year in early 2025. Executive pay for other officers is determined through an annual review by the president and considers the individual's contribution to the organization as well as their performance over the past year. The president also references other similarly sized nonprofit organizations in the midwest for similar positions and uses guidestar as well as the council of nonprofits annual compensation survey data in determining compensation. All position increases are reviewed and approved by the president upon completion of the organization's performance review forms. This process was documented in the meeting minutes. This process was last completed and reported to the board for 2024 calendar year in early 2025.”

“The organization posts its annual audited financial reports on its website along with the form 990 tax return. The organization also adopts and provides detailed operating information to the charities review council. The charities review council is an independent organization that looks at standards to measure performance of nonprofits. It looks at performance in four critical areas: public disclosure, governance, financial activity and fundraising. In general, clues aligns itself to the standards established by the charities review council.”