Innercity Tennis Foundation

“The officers and chairs of the board's standing committees shall serve on the executive committee. Except for the power to amend the corporation's articles of incorporation and bylaws, the executive committee shall have all the powers and authority of the board in the intervals between meetings of the board, and is subject to the direction and control of the board. Major decisions of the executive committee shall be reviewed and ratified, or otherwise acted upon, by the board at its next meeting.”

“Margo pietsch and ryan pietsch are a married couple.”

“The form 990 is prepared by an independent accounting firm based on information provided by management. Once a draft of the return is available and questions addressed by management, a copy of the form 990 will be presented to the full board of directors to review the return, ask questions, and request changes prior to filing.”

“The form 990 is prepared by an independent accounting firm based on information provided by management. Once a draft of the return is available and questions addressed by management, a copy of the form 990 will be presented to the full board of directors to review the return, ask questions, and request changes prior to filing”

“The foundation's conflict of interest policy covers directors, officers and any employees who may influence the actions of the foundation. Board members are required to disclose any conflicts of interests annually at the december board meeting. A conflict of interest policy and statement is distributed to the board in conjunction with the board meeting. Board members and officers sign and return the statement to the executive director on behalf of the board. The board, or a duly constituted committee thereof, shall determine if a conflict exists and, in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to the foundation. Individuals with a conflict of interest may not participate in the discussion nor the approval of the transaction. All proceedings related to conflicts of interest are documented in the meeting minutes.”

“The board of directors receives no compensation from the foundation. The only officer who receives a salary is the executive director. Performance evaluations are conducted by the board chair and executive committee. Salary increases and/or bonuses awarded are determined based on written goals. Annual measurable objectives are identified by the executive director and a self-review is provided. The objectives are reviewed with the officers and the board chair. Final approval of review and compensation is voted on by the board. The deliberation process and determination are documented in the meeting minutes. In addition to that, other njtl chapters across the country are used in determining comparability and benchmarking of salary. The review takes place annually. The process described here was last completed in 2024.”

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