Solano-Napa Habitat for Humanity Inc

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.”

“Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“THE BOARD IS RESPONSIBLE FOR REVIEWING AND SETTING EXECUTIVE COMPENSATION. FOR THIS SMALL NPO THE ISSUE IS ONE OF LOW COMPENSATION, NOT EXCESSIVE COMPENSATION. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures.”

“No officers or board members receive compensation for services, although they may be reimbursed for out of pocket expenses incurred in performing their duties as officers and directors.”

“Tax returns are available for download from several websites and by request from the organization's office in Fairfield, California.”

“All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.”

“Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements.”

“The California Attorney General requires registered nonprofits to have an annual audit if they have gross revenues of $2 million or more in a fiscal year, attached to this filing. The audit was performed after the filing deadline and the return is being amended to agree to the audited financial statements.”