Compass United

“Per the irs instructions, certain business relationships between the organization's current officers, directors, trustees, or key employees, as reported in part vii, section a, must be disclosed. Because of the interrelated nature of the filing organization with its related entities (as disclosed on schedule r), all of the officers and directors with overlapping responsibilities have business relationships with each other.”

“Compass united does not provide compensation to any ceo, executive director, or top management official.”

“Other officer compensation, paid by a related organization, is reviewed on an annual basis utilizing national and regional salary survey data for equivalent positions based on a combination of comparative analysis by industry and position. The market analysis is examined by the Chief Executive Officer of the parent organization. Any compensation adjustments are included in the annual operating budget which is completed and acted on by the parent organization Finance Committee. Approved compensation adjustments are recorded in the personnel records of each officer.”

“The board of directors shall designate an executive committee, which shall consist of the following: the chairman, vice chairman, secretary, and treasurer and up to three persons appointed by the chairman. Subject to the bylaws and the general policies prescribed by the board of directors, the executive committee shall have and shall execute the authority of the management of the corporation. A majority of the members of the executive committee shall constitute a quorum.”

“In 2023, the organization filed a restated certificate of formation and amended their bylaws. The changes elaborate on the purpose of the organization, stating that general administrative support services are provided to its publicly supported organization, compass connections.”

“The board of trustees of firstday foundation, as the parent company of the organization, has the power to elect members of the organization's governing body.”

“The treasurer reviews the 990 by comparing prior return with current return. In addition, all financial data on the 990 is reconciled to the financial statements. After review is made by the treasurer, the treasurer will then review the return with the president before considering finalizing the return. The final form 990 is presented to board members upon filing.”

“All members of the governing board and officers are covered with the conflict of interest and compliance policy and requirements. All members of the governing board and officers must complete a conflict-of-interest disclosure on an annual basis. If a conflict of interest should arise, the person associated with the conflict is excluded from discussion, debate and decision making on the matter. This shall include the person with the conflict being excluded from a meeting where any matter associated with the conflict is discussed.”

“The form 990, governing documents, conflict of interest policy, and financial statements will be provided upon request to the public by contacting the firstday foundation corporate office.”

“George cowden, vice-chair/secretary, receives compensation from a related organiazation for legal services provided to the organization. No part of his compensation was provided for his service as a board member.”