Kenton Housing Inc.

“A copy of the 990 is given to the finance committee and the board members for review before a monthly board meeting. The board members would discuss their concerns and then approve the return.”

“Annually, board members are required to complete and sign a statement which affirms they have received a copy of the coi policy, have read and understand the policy, and have agreed to comply with the policy. Furthermore, at board of directors meetings, board members are routinely asked about compliance with the organizations conflict of interest policy. If any potential conflicts of interest are identified, the board member is asked to leave the meeting and abstain from voting.”

“Rosedale green's executive director's compensation as well as other officers of the organization are administered by the compensation committee of the board. The compensation committee is responsible for establishing and maintaining a competitive compensation program. The committee meets as needed to review the compensation program and make recommendations for any changes to the board, as appropriate. A competent salary survey is used to benchmark compensation for the position utilizing industry-specific reports and other studies. The committee also reviews the compensation reported on other forms 990 of comparable organizations. The committee meets independent of the executive director to discuss performance relative to the position description. During these deliberations, the committee also considers input obtained from other board members, staff, and professional advisors. Once a consensus is reached regarding performance, a similar discussion is held concerning compensation relative to annual benchmark and established objectives. The committee presents its findings and recommendations, in an executive session without the executive director present, to the full board for review and approval. The committee and/or the board chair (a member of the committee) then meet with the executive director to discuss and document strengths, weaknesses, and goals for the upcoming year. Compensation for the upcoming year is also discussed and documented.”

“Any requests to view form 990, any governing documents, and any policies are referred to the administrator who would make the return available for inspection.”

“Staffing agency: program service expenses 2,422,263. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,422,263. Purchased services: program service expenses 4,437,653. Management and general expenses 34,542. Fundraising expenses 0. Total expenses 4,472,195. Pharmacy consultant: program service expenses 25,370. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,370. It services: program service expenses 0. Management and general expenses 215,739. Fundraising expenses 0. Total expenses 215,739. Other services: program service expenses 0. Management and general expenses 7,487. Fundraising expenses 0. Total expenses 7,487.”

“The finance committee oversees the audit and selection of the independent accounting firm. This process has not changed from the prior year.”