St Paul Lutheran Child Development Center Inc

“A copy of the Form 990 is distributed to the Board of Directors for their review and approval prior to submitting the document to the Internal Revenue Service. The tax return is sent via e-mail to Board members who are not in attendance at the meeting. After review and approval, the Form 990 is signed by the designated official and the preparer is authorized to e-file the tax return.”

“The Organizations conflict of interest policy is reviewed annually and board members are required to sign a statement that they have received, read, understand, and agree to comply with the policy. Any possible conflicts are brought before the Board during board meetings with the unaffected board members deciding if a conflict exists and if so, how it should be resolved.”

“The personnel committee in conjuction witrh the finance committee gather information and data on what Executive Directors of other child development centers earn in the local area and then consider merit, accomplishments, and the ability to pay the Executive Directors compensation. The determination becomes a matter of record in teh Board minutes. This process was last performed in July 2019. The Executive Director holds two different positions within the organization Daycare director and parenting director for the C.A.R.E. program. Daycare director this position is paid through operating funds of the Child Development Center. This position involves overseeing the daily operations of the center, responsibility for daily fin ancial decisions, licensing and health compliance, grant planning and management, managing the CACFP Food Program, United Way program compliance, Child Care Services Program administration, and NAEYC accreditation compliance”

“The Organization s governing documents, Conflict of Interest Policy, financial statements, and Form 990 are available upon request.”

“The organizations Executive Director receives Form W-2 wages as reported in Part VII, Section A, Line 1a. She also receives W-2 wages in the amount of 90,784 for professional services provided to the organization as a counselor for the CARE program.”

“St. Paul Lutheran Child Development Center is nationally accredited by the National Association for the Education of Young Children, an inner-city center that strives to provide an affordable, comprehensive Early childhood Development and Parent Education Program in a safe and nurturing faith-based program.”

“Rounding Adjustment 1.”