Young Men'S Christian Association of Catawba Valley Inc

“Form 990 is reviewed by the finance committee and is emailed to the entire board for review and approval prior to filing the return. Form 990, as well as the audited financial statements, are available in pdf format on the organization's website.”

“Board members recuse themselves from the discussion and voting on any issues that present a conflict.”

“The process for determining compensation of the ceo is based upon establishing goals of the organization and annual evaluation completed by the executive committee. The process for determining compensation for all employees in the organization is based upon annual evaluation that may result in a merit salary increase. The funds available for salary increases is determined during the budget process on a global basis for the entire organization.”

“The audited financial statements are presented to the board of directors each year as an agenda item during a board meeting. In addition, the organization's policies and all governing documents are available on the organization's website www.ymcacv.org”

“National and local dues : program service expenses 127,154. Management and general expenses 11,682. Fundraising expenses 0. Total expenses 138,836. Telephone : program service expenses 101,958. Management and general expenses 14,873. Fundraising expenses 0. Total expenses 116,831. Food : program service expenses 85,266. Management and general expenses 3,931. Fundraising expenses 0. Total expenses 89,197. Miscellaneous : program service expenses 91,296. Management and general expenses -34,472. Fundraising expenses 11,618. Total expenses 68,442. Expendable equipment : program service expenses 51,802. Management and general expenses 7,659. Fundraising expenses 0. Total expenses 59,461. Field trips : program service expenses 22,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,627. Postage : program service expenses 4,905. Management and general expenses 830. Fundraising expenses 0. Total expenses 5,735. Special events : program service expenses 1,226. Management and general expenses 1,390. Fundraising expenses 0. Total expenses 2,616.”

“The finance committee is responsible for review of the annual audit, review of the form 990 and for providing direction regarding the retention / engagement of an audit firm for accounting services and audited financial statements.”