Catholic Charities of Central Florida Inc

“The sole member of the organization is the current bishop of the diocese of orlando, florida and his successors in office.”

“The member has the power to appoint directors of the board and to remove directors with or without cause.”

“There are no committees that can act independently of the board's approval.”

“The board of directors oversees and reviews the audit. The audit is then used to prepare form 990.”

“The persons covered by this policy include any person who is a "disqualified person" within the meaning of treas. Reg section 53.4958-3. Thus any person who is, or during the preceding 5 years was, in a position to exercise substantial influence over the affairs of the organization is an "interested person." in addition, the spouse, ancestors, siblings, and descendants of any such person is an "interested person." other factors, e.g., being the founder of the organization, a substantial contributor to the organization, or a key executive who is not an officer, will also be taken into account in determining whether an individual or entity is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence and nature of his or her financial interest, and must be given the opportunity to disclose all material facts, to the directors and members of committees with board delegated powers that are considering the proposed transaction or arrangement. After disclosure of the financial 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 upon. The remaining board or committee members shall decide if a conflict of interest exists. If the board or committee has reasonable cause to believe that 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. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The minutes of the board and all committees with board authority shall contain: the names of the persons who disclosed or otherwise were found to have a financial interest in connection with a transaction or arrangement, and the nature of the financial interest; and the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection therewith. To ensure that the organization operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: whether acquisition of goods or servies result in inurement or impermissible private benefit;and whether agreements to provide goods or services further the organization's charitable purposes and do not result in inurement or impermissible private benefit.”

“Compensation arrangements of key executive employees of the organization are approved in advance by an authorized body of the organization who shall have obtained and relied upon appropriate data as to comparability prior to making its determination. Relevant comparability data will inlcude compensation levels paid by similarly situated organizations, both taxable and tax exempt for functionally comparable positions; the availability of similar services in the geographic area of the organization; current compensation surveys compiled by independent firms; and actual written offers from similar institutions competing for the sevices of the individual for whom the compensation arrangement is being set. The authorized body is required to adequately document the basis for its determination concurrently with making that determination. For purposes of this explanation, "key executive employee" includes the officers and directors of the organization and any individual who has powers and responsibilities similar to officers and directors of the organization. The term "authorized body" includes the board of directors of the organization or a committee of the board of directors and will be composed soley of individuals who do not have a conflict of interest.”

“The governing documents, conflict of interest policy and financial statements are made available to the public in an annual report and upon request.”

“The organization did not change its oversight or selection process during the year.”