United Way of the Cape Fear Area Inc.

“Cpa firm hired to audit the agency is also hired to draft the 990. The audit and 990 are delivered to management and the finance committee of the board of directors for review prior to filing the finance committee then briefs the full board of directors onthe results of the audit and 990.”

“All board members and employees fill out a questionaire regarding conflicts annually. Any conflicts identified are communicated and resolved as appropriate in the circumstance. All board members and employees are required to read, sign and abide by a code of ethics policy annually.”

“The highest paid employee is the president. The president's performance is reviewed annually by a committee of board members appointed by the full board. The committee reviews performance and makes salary comparisons to like positions in the community and at other united ways agencies in the state.”

“Other salaries are set by board and the president after performance review, budget drafting, and comparison to other slaries at similar nonprofits.”

“Information available on guidestar.org and by request.”

“Other programs include allocation of grants and donor designations to participating organizations. Grants are awarded in 3-year cycles to area agencies which provide service in the areas of health, education and financial stability. In fiscal year 2014 united way of the cape fear area (uwcfa) allocated 1.3 million dollars to more than 50 public service agencies. Uwcfa is affiliated with the united way of america and united way worldwide. To maintain those affiliations, uwcfa adheres to a set of performance standards designed to ensure good governance, financial accountability and transparency. These standards are integrated with uwcfa's strategic planning processes and promote administrative efficiencies thereby maximizing community impact. In fiscal year 2014 uwcfa achieved the following ratios as supported by revenue reported in part viii and functional expense allocations reported in part ix. Overhead (management and general) expense as a % of revenue - 3% fundraising expense as a % of revenue - 9%”