Caringbridge

“The organization's executive committee consists of the board chair, vice chair, secretary, and treasurer. The executive committee is responsible for financial oversight, overall strategic planning, resource planning/evaluation, and managing external relationships.”

“The form 990 is prepared by an independent accounting firm and reviewed by the chief executive officer and the executive committee prior to filing with the irs. The form 990 will be distributed to all board members prior to filing with the irs.”

“Each board and committee meeting begins with reviewing the agenda and any possible conflicts of interest. The board determines if there is an actual conflict of interest. The conflicted director/employee is not permitted to participate in decision making or vote on the transaction in question. All proceedings related to conflicts of interest are reflected in the meeting minutes.”

“The process for determining compensation for the ceo includes all of the following elements: (1) compensation is reviewed by and approved by the executive committee; (2) compensation is reviewed on an annual basis and approved using data of comparable pay for similarly qualified persons in functionally comparable positions at similarly situated organizations; (3) there is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding comp arrangements in the meeting minutes. This process was last conducted in january, 2019. The process for determining compensation for the senior leadership team and key employees includes all of the following elements: (1) comp of each individual is reviewed and approved by the ceo in consultation with human resources manager and the direct supervisor (where different from ceo); (2) comp of each individual is reviewed on an annual basis and approved using data of comparable pay for similarly qualified persons in functionally comparable positions at similarly situated organizations. This process was last conducted in january, 2019. Compensation decisions for officers and key employees are made by independent persons, taking into account comparability data of similar job duties in similar organizations. Deliberation and decisions are contemporaneously documented; the last year in which this took place was 2017, when two new officers were hired.”

“The organization makes its governing documents, conflict of interest policy and audited financial statements available to the public upon request. In addition, financial statements and forms 990 are available on the organization's website.”

“Outsourcing: program service expenses 103,970. Management and general expenses 14,741. Fundraising expenses 1,788. Total expenses 120,499. Business development: program service expenses 31,064. Management and general expenses 4,404. Fundraising expenses 534. Total expenses 36,002. Recruiting: program service expenses 95,332. Management and general expenses 13,516. Fundraising expenses 1,639. Total expenses 110,487. Payroll processing: program service expenses 3,492. Management and general expenses 495. Fundraising expenses 60. Total expenses 4,047. Contracted services: program service expenses 797,364. Management and general expenses 113,048. Fundraising expenses 13,710. Total expenses 924,122.”