Habitat for Humanity Central Arizona

“There shall be an executive committee consisting of the elected officers of the board of directors and the immediate past-chair (who shall be a nonvoting member of the executive committee) and any others as selected by the board chair and approved by the board of directors. The president/ceo of the corporation shall also be a nonvoting member of the executive committee. The executive committee is authorized to transact the business of the corporation between regular board of directors' meetings, making decisions which cannot wait for regular board of directors' meetings. Reports of actions taken shall be made at the next regular board of directors' meeting. Minutes of the executive committee must be kept. However all major financial, legal or administrative changes must be submitted for approval to the board of directors at a regular or specially called meeting. The executive committee plans and conducts the annual meeting of the board of directors.”

“The bylaws were amended to clarify board term limits based on when they joined the board and reiterated the maximum number of years someone can serve without leaving the board for one full year.”

“Management reviews the 990 return for accuracy and completeness and then provides a draft copy to the finance committee and board of directors for further review. A final 990 return draft (incorporating any changes as a result of the review) is provided to the finance committee and board of directors via email prior to filing the return with the irs.”

“Directors, officers and staff shall disclose in writing to the board of directors any person to whom they are closely related or any organization with which they are affiliated who or which presently transacts business with the corporation or a related entity or might reasonably be expected to do so in the future. Each disclosure shall be updated and resubmitted to the secretary of the board on an annual basis. If any conflicts are disclosed, they are submitted to the secretary. Upon the disclosure of an actual or potential conflict of interest of a director, officer or staff person, the board secretary will disclose the conflict to the board who can then vote on the conflict with the person in question excused from the room with the minutes reflecting the vote and that the interested party did not take part in the vote.”

“Compensation is determined by comparability data and salary surveys from local similar non-profits. The ceo salary is approved by the executive committee (or ceo search committee for new hires). This process was last undertaken during the year 2022). On an annual basis the executive committee reviews the ceo's salary and approves it with any annual increases. This is documented in the committee's meeting minutes. Key employee compensation is compared periodically with data and salary surveys from local similar non-profits (asu loadstar survey) and compensation is approved by the ceo. This process was last undertaken during the year 2022). The compensation decision is documented in the employee's personnel file.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public through the organization's website or upon request.”

“Change in deferred gifts -13,924.”

“The organization did not changed its oversight or selection process during the year.”