People Serving People Inc

“The boards of directors of people serving people, inc. (pspi) and people serving people charities, inc. (pspc) created and adopted a unified set of bylaws in fall 2024 in preparation for their merger, which took effect 31 december 2024 and under which pspi is the surviving entity. The new bylaws were based on a template provided by legal counsel, who assisted in integrating elements of the previous pspi and pspc bylaws into the new template. Key changes to the bylaws followed: - the number of members was clarified to align with minnesota state law and the needs of the merged entity. - the ceo was made an ex officio member of the merged board of directors to conform to best practices, whereas the ceo previously held voting rights on both boards. - officers were clarified to include a chair, vice chair, ceo, secretary, and treasurer, and inconsistency surrounding the ceo's previous titling was resolved. - staggering terms was named as a goal for maintaining experience and institutional knowledge while introducing new members. - additional clarity was provided around the roles, powers and constraints of committees of the board. - conflict of interest guidelines were expanded significantly. - a written commitment to diversity and inclusion was added to the bylaws, whereas there was none previously.”

“The organization does not have any committees that have the authority to act on behalf of the governing body.”

“The form 990 is presented to the full board for its review and discussion prior to filing. Both the finance committee and key staff review the document prior to presenting it to the full board and are present to answer any questions. Upon approval of and acceptance by the full board, the form 990 is appropriately filed.”

“Annual conflict of interest disclosure statements are completed by all board members and key employees. Per the policy, conflicts arising are to be reported to the board in writing immediately upon discovering the conflict. Where a conflict exists, board members refrain from voting and key employees are not allowed to exert any influence on issues involving the conflict. Proceedings are documented within meeting minutes.”

“The governance committee is responsible for the ceo's salary. The committee researches comparability data and recommends compensation. The full board, in closed session, approves of the compensation and documented in the board minutes. Compensation for other officers and key employees, is set using a range of nonprofit and general industry compensation surveys and analysis performed by outside parties. Compensation is reviewed to ensure internal pay equity. Compensation has various levels of approval by management and by the board. Compensation decisions are documented in the employee's personnel files.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“In may of 2024, we were gifted st. Anne's place, a shelter for women or non-binary head of household and their children. As we get to know our new families, we look forward to being able to extend our services and resources to help them reach the goal of financial and housing stability. On december 31, 2024, people serving people charities, inc. Merged into people serving people, inc. And all assets and liabilities were transferred in the merger.”

“Contract labor: program service expenses 713,830. Management and general expenses 86,529. Fundraising expenses 280. Total expenses 800,639. Administrative management fee: program service expenses 0. Management and general expenses 258,091. Fundraising expenses 0. Total expenses 258,091. Consultants: program service expenses 231,928. Management and general expenses 384,945. Fundraising expenses 18,000. Total expenses 634,873. Other professional services: program service expenses 23,748. Management and general expenses 55,836. Fundraising expenses 0. Total expenses 79,584.”