Lift Inc.

“The draft 990 was prepared by the outside accountants and reviewed by senior management. The audit & finance committee was then provided a draft of form 990 for approval. Finally, the entire board was provided with the draft 990 before it was filed.”

“Lift directors, officers, and employees complete an annual conflict of interest policy statement. In connection with any interest, an interested person has an ongoing duty to disclose the existence of the interest and be given the opportunity to disclose all material facts to the directors and/or members of committees with governing board-delegated powers considering the transaction or arrangement. An interested person discloses to the chair all facts material to the interest. The board or committee members other than the interested person decide if a conflict of interest exists. If a conflict of interest is found to exist, then the following procedures are observed: the chair of the governing board or committee, if appropriate, appoints a disinterested person or committee to investigate alternatives to the transaction or arrangement. After exercising due diligence, the governing board or committee determines whether lift can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. The board or committee's deliberations includes an analysis of comparable transactions or arrangements. If a more advantageous transaction or arrangement is not reasonably available under circumstances not producing a conflict of interest, the governing board or committee determine by a majority vote of the disinterested members whether the transaction or arrangement is in lift's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it makes its decision as to whether to enter into the transaction or arrangement. If a more advantageous transaction or arrangement is reasonably available under circumstances not producing a conflict of interest, the governing board or committee will not authorize the transaction or arrangement being considered.”

“The board, led by the chair, conducts a performance review with the ceo. The chair uses the review, an assessment of market-rate compensation for non-profits from professional surveys, and the ceo's salary history to propose a salary to the board executive committee, which it then discusses before approving an amount. The ceo and the board perform a similar process for the management team. All salaries are approved by the board as part of the budget approval process. The last salary review took place in june 2017.”

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