Wesley House Family Services Inc

“The executive committee may act on behalf of the governing board when they are not able to meet and timely decisions need to be made. The executive committee consists of the officers of the board including the chair, vice chair, treasurer and secretary. In practice, the executive committee has not yet exercised this authority.”

“The form 990 is developed by wesley house family services staff and an outside accounting firm. Once prepared, it is presented to the finance/audit committee of the board of directors for review and then submitted to the entire board of directors for approval. Once approved, the form is submitted to the irs.”

“If a board member has an interest in a proposed transaction with wesley house in the form of a personal and/or financial interest in the transaction or in any organization involved in the transaction, or holds a position as trustee, director, or officer in any such organization, he or she must make full disclosure of such interest before any discussion or negotiation of such transaction. Any board or committee member who is aware of potential conflict of interest with respect to any matter coming before the board or committee shall not be present for any discussion of or vote in connection with the matter. The following information clarifies a potential board of director conflict of interest and the related concerns. No contract or other transaction between a corporation and one or more of its directors or any other corporation, firm, association, or entity in which one or more of its directors are directors or officers or are financially interested shall be either void or voidable: (i) because of such relationship or interest, (ii) because such director or directors are present at the meeting of the board of directors or a committee thereof which authorizes, approves or ratifies such contract or transaction, and/or (iii) because his/her votes are counted for such purpose, if: 1. The fact of such relationship or interest is disclosed or known to the board of directors or committee which authorizes, approves, or ratifies the contract or transaction by vote; 2. The fact of such relationship or interest is disclosed or known to the members entitled to vote on such contract or transaction, if any, and they authorize, approve, or ratify it by vote or written consent; or 3. The contract or transaction is fair and reasonable as to the corporation at the time it is authorized by the board, a committee, or the members. To implement this policy, board members of the organization will submit annual statements on the attached form and, if not previously disclosed, will make disclosure before any relevant board or committee action. These statements will be reviewed by the executive board, which will make a decision to resolve any actual or potential conflict. On an annual basis, directors will complete a conflict of interest statement. These completed statements will be reviewed by the executive board.”

“The ceo is evaluated annually by the executive committee of the board of directors. The executive committee consists of the officers of the board. There is an evaluation process/documentation that also includes input from direct reports of the ceo. The executive committee uses comparable data in its analysis of fair compensation. The evaluation with any recommendations is then submitted to the entire board for approval. Other officers and employees are evaluated using the same procedures.”

“Wesley house subscribes to the model of not-for-profit transparency and makes the audited financial statements and supplemental information and the irs form 990 available on our website, wesleyhouse.org.”

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