Senior Citizens Inc.

“The finance committee will review the form 990 with the finance director and president. They then present the return to the full board of directors.”

“The president and other key officers discuss conflict of interest issues at staff meetings. The president and other key officers are familar with employees and would recognize any business transactions which may give rise to a conflict of interest. Also, members of the board sign a conflict of interest statement each year.”

“The finance committee prepares the annual budget for the organization. Included in this process is the determination of compensation for officers and key employees. The compensation is determined by past performance, experience, and comparability with similar positions in the community.”

“All governing documents, conflict of interest policies and financial statements are available upon request.”

“Supplies: program service expenses 62,984. Management and general expenses 7,550. Fundraising expenses 993. Total expenses 71,527. Bad debts: program service expenses 57,926. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,926. Contractual services: program service expenses 39,701. Management and general expenses 11,314. Fundraising expenses 0. Total expenses 51,015. Telephone & communications: program service expenses 26,849. Management and general expenses 7,356. Fundraising expenses 3,335. Total expenses 37,540. Consulting and professional: program service expenses 0. Management and general expenses 28,000. Fundraising expenses 9,000. Total expenses 37,000. Repairs & maintenance: program service expenses 36,620. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,620. Contract labor: program service expenses 16,118. Management and general expenses 8,805. Fundraising expenses 0. Total expenses 24,923. Printing: program service expenses 9,625. Management and general expenses 1,508. Fundraising expenses 13,207. Total expenses 24,340. Small equip & software: program service expenses 4,752. Management and general expenses 16,741. Fundraising expenses 2,561. Total expenses 24,054. Fuel: program service expenses 23,030. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,030. Miscellaneous: program service expenses 7,429. Management and general expenses 11,944. Fundraising expenses 127. Total expenses 19,500. Background checks: program service expenses 6,675. Management and general expenses 1,003. Fundraising expenses 145. Total expenses 7,823. Equipment lease: program service expenses 2,060. Management and general expenses 5,211. Fundraising expenses 0. Total expenses 7,271. Recognition: program service expenses 2,853. Management and general expenses 3,539. Fundraising expenses 0. Total expenses 6,392. Uniforms: program service expenses 3,935. Management and general expenses 63. Fundraising expenses 49. Total expenses 4,047. Dues & membership: program service expenses 1,169. Management and general expenses 2,780. Fundraising expenses 50. Total expenses 3,999. Training: program service expenses 2,410. Management and general expenses 341. Fundraising expenses 0. Total expenses 2,751. Taxes & licenses: program service expenses 1,585. Management and general expenses 50. Fundraising expenses 770. Total expenses 2,405.”

“The finance committee works with the cfo and audit firm in the preparation of the audited financial statements. The finance committee assumes responsibility for the oversight of the audited financial statements. This procedure has not changed from prior years.”