Housing and Services Inc.

“The organization made the following changes to its by laws: create term classes for trustees to systematize the staggering of trustee elections and terms served. Define voting circumstances requiring a supermajority (66.6%) of the board define the chair's responsibilities as presiding over the board. Define the executive director's/president's responsibilities as the ceo. Creates an executive committee to address necessary business between board meetings. Creates a governance committee to ensure compliance with governance policies and practices, assess board performance and recruit new board members. Update conflicts-of-interest and trustee compensation policies.”

“The organization's board of trustees created an audit committee whose functions include review of the organization's form 990 prior to its filing with the irs. In addition, the form 990 will be distributed to the organization's entire board of trustees before filing.”

“The organization adopted a formal written conflict of interest policy requiring that all trustees read and sign written acknowledgement that they have read the policy, understand the policy and have made all required disclosures under the policy on an annual basis. The organization's board of trustees created an audit committee whose functions include a review for compliance with the organization's conflict of interests policy on a minimum of an annual basis. The annual review was performed by the audit committee in december 2013, to work prospectively for 2014 as well, and the results of its review were reported to the full board of trustees at that time.”

“The organization has an established executive committee to ensure that senior management compensation is reasonable. The committee is provided information for comparable peer organizations and considers senior management responsibilities and recent job performance in its determination of the reasonableness of senior management. The committee meets at least once annually and also meets on an ad hoc basis when changes to senior management compensation are considered. The full board and the executive committee have currently defined senior management as the executive director and deputy executive director (former title senior director of site operations).”

“The organization's form 990, audited financial statements and organization policies are obtainable from the organization upon request.”

“The organization works toward ending chronic homelessness, preventing homelessness for persons threatened with displacement and improving housing conditions for the marginalized through the operation and development of permanent supportive and affordable housing. The organization helps its clients achieve their fullest potential for housing self-sufficiency by realistically assessing their individual needs and building respectful and caring supportive communities to overcome barriers to their success.”

“The organization's 2014 audit has been completed. The financial statements, audited by independent accountants, has been issued on a consolidated basis.”