Bay Aging

“The 990 is reviewed by the president and the chief financial officer and provided to the members of the board of directors who review and approve the form prior to its filing.”

“The board members are required to sign a statement each year acknowledging that they understand and agree to abide by the conflicts of interest policy. In the event that a board member has a potential conflict of interest during the year, such board member shall recuse himself/herself from all discussions or vote on the matter.”

“Compensation process for both top officials and officers - the process for determining compensation includes the use of a compensation committee, examining form 990 of other organizations, a compensation survey or study, and approval by the board and compensation committee. The board of directors approves organization payroll in conjunction with the budget process. Approval of compensation is documented in the board minutes. Payroll adjustments are generally made at the aggregate level and are meant to serve as a guideline rather than a cap. The president, with input from staff, authorizes pay rates for all employees. The board of directors muse authorize any bonuses or other non-routine pay or benefits for the president.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Financial statements are also available for inspection or download from the organization's website.”

“Professional fees: program service expenses 240,226. Management and general expenses 92,140. Fundraising expenses 2,500. Total expenses 334,866. Contract labor: program service expenses 20,915,628. Management and general expenses 3,722. Fundraising expenses 0. Total expenses 20,919,350. Computer software: program service expenses 426,535. Management and general expenses 0. Fundraising expenses 0. Total expenses 426,535.”