Pickens County Habitat for Humanity

“The treasurer will review form 990 for accuracy prior to its filing.”

“Purposethe purpose of the following policy and procedures is to prevent the personal interest of board members from interfering with the performance of their duties to pickens county habitat for humanity, inc., or result in personal financial, professional, or political gain on the part of such persons at the expense of pickens county habitat for humanity, inc., or its clients, members, supporters, and other stakeholders. In addition this policy is intended to protect this tax-exempt organizations interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of pickens county habitat for humanity, inc., or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations.procedures1. Duty to disclose:in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial or other interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.2. Determining whether a conflict of interest exists:after disclosure of the financial or other interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted. The remaining board or committee members shall decide if a conflict of interest exists.procedures for addressing the conflict of interest:a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c. After exercising due diligence, the governing board or committee shall determine whether the organization 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.d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fairand reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.violations of the conflicts of interest policy a. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.b. If, after hearing the members response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.records of proceedingsthe minutes of the governing board and all committees with board delegated powers shall contain:a. The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present an”

“The compensation level of the organizations officer was determined by the governing board, but the process in doing so did not contain all three elements required to check yes.”

“Compensation determined by governing board.”

“Annual financial statements and other governing documents such as its conflict of interest policy, by laws, and articles of incorporation are available upon request. These documents may also be inspected at pchhs business office located in pickens, sc during normal business hours.”

“Volunteers 550misc 25,962printing and publications 2,850---------------------------------total 29,362”