Senior Connection Center Inc.

“The form 990 is presented to the financial planning and accounting committee for review and approval. Once approved, the form 990 is forwarded to the board of directors for review and approval. Once the board of directors has reviewed and voted to accept and file the form 990 as presented, the form 990 is filed with the internal revenue service. The board of directors reviews the full form 990, not the public disclosure copy.”

“All major grants, contracts and purchases must be approved by the board of directors prior to contract release. Prior to contracting with sub-grantees and for major purchases, the sub-grantees and vendors are required to reveal any relationships, professional or otherwise, with senior connection center employees or board members. The financial planning and accounting committee (finance), chaired by the treasurer, reviews purchases and vendor contracts as part of the contracting process. No contract or other transaction between the organization and one or more of its directors in which one or more directors are financially interested shall be either void or voidable because of such relationship or interest. In the event of a conflict, the directors with a conflict of interest must recuse themselves from both the discussions and the vote on the matter.”

“The president and ceo's pay grade and salary are at the same pay grade and salary of a similar position of responsibility at the florida state governmental level as well as comparable positions at florida area agencies on aging. The president and ceo's salary is determined by the executive search committee and the executive committee of the board of directors using approved salary ranges and factoring in budgetary constraints. All compensation discussions and decisions are documented in the meeting minutes. The salaries for senior management staff are determined after reviewing comparable positions at florida area agencies on aging. The salaries are determined using approved salary ranges and factoring in budgetary constraints. All compensation discussions and decisions are documented in the meeting minutes.”

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

“The governing body is responsible for the oversight of the organization's financial statements and the selection of an independent accountant. There was no change in this process from the prior year.”