Maine Community Integration

“The organizations outside accountant provides the completed form 990 to the board president. All questions from board members are answered by the board president or by the outside accountant. Once all board members have reviewed the form 990 and are satisfied as to accuracy and completeness the board president will sign the efile authorization and the form 990 will be efiled by the outside accountant”

“Board members have a duty to disclose conflicts of interest and if the board has reason to believe a conflict exists that has not been disclosed it will inform the person of the basis of such belief and give that person an opportunity to explain the allegd failure to disclose. If after hearing the persons responses and making further inquiry the board determines that the person failed to disclose a conflict of interest, the board will take appropriate actions to remedy the situation. Each interested person shall annually sign a disclosure statement affirming that such person has received a copy of the conflict of interest policy, read it and agrees to comply with the policy”

“The board shall ensure that any compensation paid to employees, and any compensation over $1,000.00 per year paid to independent contractors, even if not an interested person, is reasonable for the purposes of internal revenue code section 4958 and accompanying regulations. Whenever practicable, the board shall base its reasonableness determination on at least three comparable examples, taking into account the job description, the size and nature of the corporation, the experience of the applicant, any benefits and the geographic location.”

“These policies and the form 990 are available by request at the organizations office.”

“Other fees for service”

“Other Meals $10897”