Greater Texas Services Inc.

“General statement 1the form 990 is prepared internally by the controller and accountant and reviewed by the assistant vice president. The organization engages an external firm (kpmg, llp,) experienced in the preparation and review of form 990s, to perform a complete review of the internally prepared form 990 and sign the return as paid preparer. A copy of the form 990 is then presented to the board for final review, and if there are no changes, the form 990 is filed with the irs.”

“General statement 2the documentation of any conflicts of interest are disclosed during all greater texas services board meetings as the first item on the agenda. That notwithstanding, per the conflicts of interest policy, if there is a possible conflict regarding an interested person (all directors and officers, committee members, advisory council members, and employees) it must be disclosed at that time to the board president.”

“General statement 3greater texas services does not have any employees. All services are provided through the officers and employees of greater texas foundation, inc., a related entity (see schedule r). A small retainer is paid to the president directly by greater texas services as noted on the form 990, part vii. In 2019, greater texas foundation retained the services of a third party compensation consultant to review compensation based upon national benchmark data for comparable organizations. The consultant conducted a review of the officer and employee compensation in 2019. In addition,the consultant conducted a review of current and projected compensation for board members. The board reviewed and approved changes to compensation based upon the recommendation of the consultant, effective january 1,2020. The process and discussion were appropriately documented in the minutes of the greater texas foundation, inc.”

“General statement 4the organization makes its governing documents and financial statements available to the public upon request.”