Wtia Workforce Institute

“The form 990 was prepared under the direction of the finance director of wtia workforce institute by the independent accounting firm clark nuber ps. A draft copy of the organization's form 990 was first provided to the wtia workforce institute's finance director, who reviewed the form 990 for accuracy and completeness. Any questions, concerns, or issues raised by those individuals were addressed, and any necessary revisions were made to the form 990. The final version of the form 990 was reviewed and approved for filing by the president of the board of directors.”

“To ensure the organization operates in a manner consistent with its tax-exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, management continuously conducts reviews of contractual arrangements. The reviews include, at a minimum, the following: whether the contractual arrangements with service providers and the services provided are reasonable, based on competent market and survey information, and the result of arm's length negotiation. Whether contractual arrangements with service providers and arrangements with other organizations conform to written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further tax-exempt purposes, and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Whether any transaction conducted by the organization involves or could possibly give rise to a conflict of interest. Additionally, each director, officer, or member of any committee of the board of directors that has authority to act on behalf of the board of directors, and those employees who may be designated by the president of the wtia workforce institute (covered person) complete an annual conflict of interest questionnaire. No covered person may engage in any transaction or arrangement or undertake positions with other organizations that involve a conflict of interest, except in compliance with the conflict of interest policy. Covered persons should avoid both actual conflicts and the appearance of conflicts of interest. Every person discloses all actual and potential conflicts, as stated below, and recuses himself/herself from voting on any transaction or arrangement in which he/she has a potential or actual conflict of interest, and is not present when any such vote is taken. Each covered person promptly and fully discloses all material facts of every actual or potential conflict of interest: existing at the time when he/she becomes a covered person; that arises while he/she is a covered person, at the time such actual or potential conflict arises; and annually through the annual conflict of interest questionnaire. All disclosures involving a transaction or arrangement being considered at a meeting of the board or a committee are made to all members present at such meeting. All other disclosures are made to the president (who discloses his or her conflicts to the board of directors). The president discloses to the board of directors all conflicts of interest reported to him or her under this policy. The board of directors evaluates the disclosures to determine whether they involve actual conflicts of interest and may attempt to develop alternatives to remove the conflict from the situation. The corporation may enter into a transaction or arrangement in which a covered person has a conflict of interest if: the covered person has disclosed the conflict of interest in accordance with the policy; a majority of directors who have no interest in the transaction or arrangement approve the transaction or arrangement at a board or committee meeting after determining, in good faith and after reasonable investigation, that the transaction or arrangement is fair and reasonable to the corporation and is in the corporation's best interest; any covered person who has an actual or potential conflict with respect to the transaction or arrangement does not participate in and is not present for the vote regarding any such transaction or arrangement (provided, however, that any such covered person may appear at a meeting to answer questions concerning the transaction or arrangement); and the board of directors relies upon appropriate comparability data, such as an independent appraisal or an independent compensation study, in reaching its determination as to the fairness and reasonableness of the transaction or arrangement to the organization. It will not be a violation of the policy if all the requirements for formal approval”

“The compensation of the executive director of the wtia workforce institute is reviewed annually by a committee appointed by the wtia workforce institute board of directors. The committee is composed of individuals independent of the employees being evaluated. The committee considers all relevant factors including (but not limited to): level of experience, performance reviews, and published compensation of similar positions in other organizations. The compensation committee's deliberations are recorded. The conclusions and supporting information of the compensation committee is reported to wtia workforce institute's board of directors. The bods reviews the compensation committee's report, sets the compensation levels and inform the executive director. Compensation for the senior leadership team, including the finance director, is determined through an independent compensation analysis conducted by a third-party organization. This ensures pay is benchmarked against market data and remains competitive and equitable.”

“The organization makes its governing documents, conflict of interest policy, financial statements and form 990 available to the public by contacting the organization in writing at: 1420 nw gilman blvd, suite 2, #9110 issaquah, wa 98027.”

“The volunteers are board members of apprenti.”