Elder Services Inc

“The Form 990 is reviewed and approved by the Executive Director and the Finance Committee. A copy is provided to each board member prior to filing with the IRS.”

“The purpose of the Conflict of Interest Policy is to protect Elder Services, Inc.'s interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of Elder Services, Inc. ("ESI") or might result in a possible excess benefit transaction. This Policy is intended to supplement, but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations.”

“Elder Services, Inc. (ESI) appoints a Compensation Committee responsible for establishing and maintaining competitive compensation for the Executive Director. The Committee meets to review the compensation of the Executive Director and makes compensation recommendations to the Board of Directors. The Committee is comprised of at least three but no more than four members of the board of directors. The members include: the board president, a member of the finance committee and one or two other members to be approved by the Board of Directors in the spring of each year. The Committee will meet prior to the end of the fiscal year and will consider the following factors: * The boards most recent performance evaluation of the executive director, normally completed in the spring of each year. * The Executive Director's self-evaluation and plan for the next fiscal year. * Comparable compensation information from various sources, including comparable agencies of United Way of East Central Iowa. * The financial ability of the organization to grant overall compensation increases considering historical financial results and a proposed budget. The Committee recommends the compensation of the Executive Director for action by the full Board of Directors, if possible by the June board meeting, with compensation to be effective July 1. The compensation of the Executive Director for the year ended June 30, 2017 was unchanged. This decision was based upon various conversations with other nonprofits in the community as well as due to fiscal constraints and no requests for salary increase were made.”

“The Organization's governing documents, financial statements and conflict of interest policy are available to the public upon request.”