Glenridge Childrens Center Inc

“The organization was a child care facility. The members consisted of the parents of the children being cared for by the organization. Thus the membership previously changed on an annual basis, as the children enrolled in the organization change annually.”

“The governing body was the board of directors. The general membership had the authority to elect members from the general membership to serve on the board of directors. During the annual meeting, the general membership voted for the members to serve on the board of directors for the following fiscal year.the corporation/organization has been terminated and is no longer in business”

“One of the main responsibilities of the general membership was to review and approve the budget for the organization. During the annual meeting, the general membership voted on the budget as proposed by the board of directors.since the organization has been terminated, this no longer applies.”

“The form 990 is prepared by a cpa after review of the books and records for the year. The cpa provides a copy of the completed form 990 to the board of directors. The board of directors reviews the form 990 and the treasurer of the organization signs the form before it is filed.no review by the general membership was conducted or will be conducted.”

“While it is highly unlikely that anyone would have a conflict of interest with glenridge childrens center, inc., the board of directors set up a policy requiring board members to annually disclose to the rest of the organization when the board member discovers s/he has a conflict of interest with any transaction or policy of glenridge childrens center.”

“The officers and the members of the board of directors did not receive any compensation for their services. These were volunteer, part time positions.”

“The program director was a full time position and was not on the board of directors. The position was a full time, paid position.annually, the officers reviewed the performance of the program director. They researched the compensation of this position among other organizations in the area and compare the compensation package earned by the program director.for this organization, the compensation package included salary and health insurance benefits for the first year. After one year of service, the program directors compensation package also included life insurance and a matching contribution to a 403(b) retirement plan.”

“No documents available to the general public. The documents are available to the general membership upon request.”

“Gcc was forced to close due to covid-19.the organization has dissolved and distributed the remaining assets properly and according to the bylaws of the organization.”

“Liquidated the organization, $7,982 was donated to the pto of the school district of clayton to close out the bank account.”