Goodwill Industries of Southeastern Louisiana Inc.

“Form 990 is received by the entire board prior to filing with the irs. The return is presented to the audit committee for review and questions are given to the tax return preparer prior to the submission to the board.”

“All board members and executive staff are annually given the conflict of interest policy and disclosure form to complete. The conflict of interest policy is also included in the employee handbook, which is provided to each employee. The organization monitors this policy by presenting, discussing and reminding all parties it is in place and they are encouraged to disclose any conflicts or questions.”

“Board members are not compensated by goodwill. Goodwill national office conducts annual salary compensation survey for executives and key staff using all goodwill's and other non profits' data. The president of goodwill is evaluated by the board of directors chairperson annually and documentation is prepared. The evaluation is the basis of determining the president's compensation for the coming year. The chairperson provides written documentation of the president's compensation to the chief financial officer for execution. All other key staff are evaluated by the president and documented in a formal performance evaluation form. The performance evaluation is used to determine compensation of key employees within the limits of the annual compensation guidelines. The annual compensation guidelines are determined using data from the compensation survey, cost of labor and financial performance of the organization. Comparability to other goodwill organizations around the country is utilized. The performance evaluation is independently conducted for each key employee and appropriate documentation is maintained.”

“The governing documents and conflict of interest policy are made available upon request. The financial statements and form 990 are made available on the goodwill industries of southeast louisiana website www.goodwillno.org”

“Form 990, part xi, line 2c: the organization has an audit committee that is responsible for oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.”