Opportunity Junction Inc.

“The organization updated its bylaws to: 1) remove the requirement that 51% of directors, at any given time, must be low- income residents of the corporation's geographic area of operation, owners or senior officers of private establishments and other institutions located in and serving the corporation's geographic area of operation, or representatives of low income neighborhood organizations located in the corporation's geographic area of operation. 2) remove the description that approximately 1/3 of the directors' terms shall expire every year. 3)addd additional details for filling vacancies on the board. 4) add a description of how calling of special meeting of board committees may be done 4) change the title of executive director to president and chief executive officer thoughout the bylaws.”

“The following steps shall be taken to assure that the organizations 990 is accurate and that all board members can review the document before it is submitted: 1. The cpa shall be advised of this policy by the executive director (via email), to assure that documents are prepared with at least two weeks to spare before submission deadlines. 2. Before submitting a final version of the form 990 for signing to the executive director, the cpa shall send the executive director an electronic copy of the document no later than two weeks before the submission deadline. 3. The executive director shall circulate the draft 990 to all board members immediately, so that board members have at least a week to submit questions, corrections, and concerns to the executive director. 4. The executive director shall be responsible for requesting any necessary changes to the document and forwarding any board concerns to the attention of the cpa. 5. The cpa shall prepare a final draft and circulate it via email no later than 72 hours before the submission deadline, to allow for final proofreading. The cpa must also assure that a signed original reaches the possession of the executive director at least 24 hours before the submission deadline. 6. The executive director shall proofread the final draft to assure that all requested changes have been incorporated and that board concerns have been addressed. 7. The executive director shall sign and submit the completed form 990 by the applicable deadline.”

“At the annual meeting, or shortly thereafter for those not in attendance, board members complete the disclosure form that is appended to our conflict of interest policy.”

“Opportunity junction strives to provide the executive director with the feedback necessary to achieve excellent performance and with compensation appropriate to the performance level achieved. To that end: 1. The chair of the board, in partnership with the executive director, shall be responsible for ensuring that the review process is initiated before january of each year. 2. The review shall include 360 degree feedback from board members and staff members, collected by means of an anonymous survey on the surveymonkey website. The survey shall be initiated following the january board retreat to allow that to inform the survey questions. 3. 360 degree survey participants will be given two weeks to provide their feedback. 4. The chair and chair-elect will review the survey results, the executive director's self- evaluations (previous fiscal year and quarter year-to-date), and the latest compensation surveys. Together, they will prepare a report and draft review for the full board of directors to consider at the march meeting. A sample report is attached as exhibit a. 5. The executive director's compensation will be approved at the march meeting of the board of directors. That compensation may be the form of a salary range that will be narrowed based on the nonprofit compensation survey for northern california that is typically published in april or may. 6. After the march board meeting, the chair and chair-elect shall have a review meeting with the executive director to convey feedback on performance and the compensation to be budgeted for the following fiscal year. The review shall follow the format of exhibit b. 7. At least every other year, opportunity junction shall participate in a compensation survey that will provide information on the salaries of other executive directors in northern california. This survey will be made available to the chair, the chair-elect, and other board members to assist in determining the compensation of the executive director. 8. The chair and chair-elect will make the final determination of the executive director's compensation, within the range approved by the full board in march, after consideration of the latest salary comparisons. That decision will be communicated to the executive director and to the director of administration by may 20th each year, so that it may be included in the draft budget.”

“The organization makes its governing document, conflict of interest policy and financial statements available to the public upon request.”

“The organization has made no changes to oversight or selection process during the fiscal year.”