Community Alliance Foundation

“The executive committee, comprised of the president, vice president, secretary and treasurer, has the authority to act on behalf of the governing body.”

“Community alliance, inc., a related tax exempt organization, is the sole member of community alliance foundation.”

“Community alliance, inc. Has the right to approve or disapprove all amendments to the articles of incorporation and to the bylaws of the community alliance foundation. Furthermore, community alliance, inc. Has the right to approve or disapprove any dissolution, consolidation, or merger of the corporation; any sale, lease, transfer or disposition of all or substantially all of the assets of the corporation; the incurring or indebtedness; or changes to the mission statement of the corporation; the corporation's annual budget; and to appoint the senior managing agent of the corporation.”

“The form 990 is prepared by the accounting firm which performs the audit of community alliance, inc. And its affiliates. Once the form 990 is prepared, it is forwarded to the organization's independent audit committee, which is comprised of board members and officers. The audit committee reviews the form 990 and reports its findings and recommendations to the board. The form 990 is finalized and submitted upon conclusion of this process.”

“All members of the board of directors and executive leadership are required annually to review the conflict of interest policy and submit a written disclosure/compliance statement. In addition to annual disclosures, all persons subject to this policy are required to immediately report any potential conflicts of interest that arise in accordance with these procedures and abstain from participation in the decision making process.”

“A compensation committee comprised of board officers of all community alliance affiliated corporations conduct an annual review of executive compensation for senior administrative staff. The committee utilizes local, regional, and national data of comparable agencies, obtained through form 990s, local and national salary surveys, and other criteria it deems appropriate in setting the compensation of senior administrative staff.”

“The organization makes its governing documents, conflict of interst policy, and financial statements available to regulatory bodies, funders, donors, and the public upon request at the corporation's main office.”

“There have been no changes from the prior year. The audit committee assumes responsibility for oversight of the audit of the foundation's financial statements and the selection of an independent accountant.”