Lei Ho'Olaha

“The executive director and board review the 990 prior to filing.”

“All lei ho'olaha board members, employees, and consultants must annually sign a conflict of interest statement. The policy requires persons in conflict to recuse themselves from decisions when a conflict exists. The policy covers the board, director, principal officer, or member of a committee with board delegated powers who has a direct or indirect financial interest. All possible conflicts of financial interest are reviewed by the board of directors and/or board committee. Persons who do not disclose a conflict are subject to disciplinary action.”

“The previous executive director (now senior advisor) recommended the annual compensation for his successor based on: past compensation, comparable salaries for similar organizations, discussions with its cdfi consultant, available funds in the current budget, and ability to attract a good candidate. The recommendation was presented to the board and approved. The annual compensation will be reviewed annually for changes in the above factors, and if appropriate, an adjustment will be presented to the board. Compensation is determined by the board and is documented in the board minute exhibits and personnel files. This process was last undertaken in 2014.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The organization's payroll was administered by another organization.”

“Other professional fees : program service expenses 22,443. Management and general expenses 1,940. Fundraising expenses 0. Total expenses 24,383.”

“The organization does not have any employees. Amounts reported for officer compensation represents reimbursements to another organization for an allocated portion of the shared employee's time.”