Council Apartments Inc.

“Council apartments is managed by crown center, inc., a 501(c)(3) organization with a common board of directors.”

“The form 990 is prepared by an independent public accounting firm. The return is reviewed by management and members of the finance committee including the board president and board treasurer. Any required changes are made before the return is filed. In addition, the 990 is made available to the board of directors prior to its filing.”

“Council apartments, inc. Is a nonprofit, tax-exempt organization that depends on charitable contributions from the public. As such, it is accountable to the public for the operation of the organization. In addition, board members, as well as staff, have a fiduciary duty to the organization that requires loyalty and fidelity. The board, officers and management employees have the responsibility of administering the affairs of council apartments honestly and prudently, and of exercising their best care, skill, and judgment for the sole benefit of council apartments. Those persons shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their position with the council apartments or knowledge gained there for their personal benefit. The interests of the organization must have the first priority in all decisions and actions. No member of the board of directors shall be employed by the agency nor shall they hold any direct or indirect financial interests in the assets, leases, business transactions or professional services of the agency. In order to guard against any conflict of interest in the operations and/or management of the agency (and avoid nepotism) no person will be employed or contracted with, who is a board member, or a member of the immediate family of any board member, employee, or consultant. Each member of the board of directors shall annually complete the disclosure form identifying any relationships, positions, or circumstances in which the member of the board of directors or a member of the immediate family of any board member is involved, that he or she believes could contribute to a conflict of interest. Such relationships, positions, or circumstances might include service as an owner, director, consultant, or employee of a business that might provide goods or services to council apartments. Any such information regarding business interests of a member of the board of directors of council apartments or a member of the immediate family of any board member shall be treated as confidential and shall generally be made available only to the chairperson of the board of directors, the executive director, and any committee appointed to address conflicts of interest, except to the extent that additional disclosures are necessary in connection with the implementation of this policy.”

“Compensation process for executive director president and personnel committee chairperson conduct a performance evaluation of executive director in october; soliciting input from other relevant individuals and self evaluation report from executive director. Information is reviewed with the executive committee and any compensation decisions are made and approved by the group of lay leaders, prior to communicating results to executive director. Compensation process for staff in october, the executive director prepares salary and wage recommendations for the next fiscal year for each employee based on performance reviews, comparability data, any modification in roles/responsibilites; within the financial realities of the agency, scope of cost of other benefits made available and projected budgets. This information is presented to president of the board of directors and to the chair of the personnel committee. The personnel committee is convened and recommendations considered. Personnel committee then determines an overall percentage pool of salary/wage increases that may be distributed, with precise application to individual employees at the discretion of the executive director. In november, the personnel committee recommendation regarding pool of available salary/wage increases is taken to executive committee of the board of directors; and if approved, implemented on the staff level. Experience is incorporated into agency budget and is summarized and presented to the board of directors for approval. Each december, all employees are evaluated by their immediate supervisor. Written evaluation is reviewed with executive director, and then presented to employee.”

“The articles of incorporation, bylaws, conflict of interest policy and financial statements are available upon written request.”

“Crown center, inc., council apartments, and council apartments ii, inc. Are related organizations with identical boards of directors. All workers' w-2 forms are issued by council apartments, inc. Under a common paymaster agreement.”