Emma'S Place

“The form 990 is reviewed by the finance commitiee and presented to the board for final approval before it is filed.”

“Conflict of interest policies are presented at board trainings and the directors are asked to sign the conflict of interest statement. Emma's place management follows up to ensure the statement is signed by each director.”

“The finance committee reviewed comparative salary information for the entire organization including the executive director and all top management staff. The salary ranges for every jurisdiction were established as the median point for the twin cities area as well as area of expertise of organization. The executive committee, with input from the entire board, completed a review of the executive director's performance and recommended an annual salary approved by the entire board.”

“The 990 is available upon request. The governing documents may be obtained by contacting the accounting office. Charities review council will receive a copy of the 990.”

“In order to accurately reflect the financial relationship between emma's place and emma norton services, the following changes were made to the accounting of revenue and expenses. Emma's place is the identified owner of the physical property located at 2161, 2163 and 2165 van dyke street and carries all revenue and expenses associated with maintaining the buildings and grounds. Emma's place contracts with emma norton services to provide property management and support services. Emma norton services financial statements, through a management agreement with emma's place, reflect the revenue and expenses associated with the support services provided to the residents living at emma's place.”

“Contracted services: program service expenses 100,188. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,188. Other professional fees: program service expenses 1,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,150.”