Charlotte Regional Business Alliance

“The form 990 is reviewed by the alliance's cfo and ceo. The form 990 is next reviewed by the foundation's board of directors. The form 990 is filed after the board of directors completes its review.”

“Each director, principal, officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is a non-profit and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. With respect to enforcement, each member has a duty to disclose the existence of a possible conflict of interest. Once a disclosure of the facts has been made, the person with the potential conflict must recuse themselves from the meeting. At this point the remaining members shall vote on whether or not an actual conflict exists. If it is decided that a conflict does exist, appropriate actions will be taken.”

“Key personnel in support of the foundation are employees of the charlotte regional business alliance ("the alliance"), the supported organization, and are subject to compensation and personnel policies of the alliance. The alliance consistently reviews and documents its compensation structure to ensure reasonableness.”

“Information available upon request.”

“Wellness: this 6-month program supports entrepreneurs' well-being through financial education, relaxation workshops, and a cohort experience where participants can build a self care plan with accountability partners. Catch your breath is designed to combat burnout and chronic stress. Regional transportation: provide guidance and engagement with local leaders on a regional comprehensive transportation plan that will be unifying to the regional governments of charlotte and mecklenburg county and the state to enhance the growth of all businesses in the charlotte region. Nc grant: north carolina state grant to study the downtown office conversion and potential impacts to the small business community.”

“Other professional fees: program service expenses 605,055. Management and general expenses 8,195. Fundraising expenses 60,119. Total expenses 673,369.”