Alphapointe

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. A copy of the 990 is then presented to the audit committee for review and approval prior to filing. The audit committee reports directly to the board of directors on the status of their review. A final copy is also made available to the board of directors following review by the audit committee.”

“At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position.”

“The organization's ceo compensation is reviewed and updated annually by the executive committee of the board of directors. The executive committee uses comparability data of similar organizations when determining compensation and documents its decision process. Once determined the compensation of the ceo is approved by the board of directors.”

“The compensation of the other officers was approved by their respective supervisor. It was based on both a written job performance evaluation and a formal compensation system built for the entire organization utilizing the services of an independent compensation consultant group.”

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

“Most jobs entail the manufacture or assembly of products such as janitorial, medical plastics, office products, and military textiles for the federal government and the New York state use program. In addition, blind jobs were created by fulfilling federal and state contract services such as warehousing, call center, contract audit, mail bag sort, and operating military base supply stores. Alphapointe pursues product sales and service opportunities with state governments and in the commercial marketplace which complement the products and services already being provided through federal channels. All business lines performed by Alphapointe involve blind labor. The commercial business is primarily occurring within the plastic manufacturing, textile sewing and call center operations. Alphapointe provides comprehensive rehabilitation, education and activities for all ages of people who are blind and visually impaired. During the 2022 Fiscal year, we served 3,772 individuals. Alphapointe's comprehensive services include personalized instruction in adaptive technology, braille, orientation and mobility, daily living skills, diabetes education, college prep, and job placement services provided to 571 people. Clinical services include two low vision clinic practices providing exams, neuro-optometry, occupational therapy, vision therapy, devices and instruction to 2,160 adults and seniors in their home or at Alphapointe. A total of 547 children and youth participated in adventure and technology camps, and ongoing youth development education and programming. Another 420 individuals received referrals, guidance and educational programs regarding their vision loss. The agency received 8,938 hours of volunteer services for those being served by Alphapointe.”

“Change in value of interest rate swap 1,475,786 Change in Beneficial Interest In Trust (443,669) ---------- Total 1,032,117”