Catalyst Housing Inc.

“Line 3 explanation - the parent company, interim inc., manages the corporation. The corporation has no employees. The parent company, interim inc., directly supervises its staff which includes: accountants, housing managers, maintenance staff, and landscaping staff.”

“Line 11b explanation - the board of directors has the responsibility for reviewing the form 990, including schedules, before it is filed with the irs. Form 990 is prepared by accountant ii and reviewed by director of finance. The reviewed draft 990 is sent to the independent outside auditors for their review. The board receives the reviewed form 990 draft electronically two weeks prior to filing deadline. After the form 990 is reviewed by the board, the independent outside auditors efile the form 990.”

“The board of directors complete an annual conflict of interest summary. If any conflicts arise they are resolved quickly.”

“Interim inc., the parent company, annually reviews salary schedules to determine whether an overall salary increase is warranted for all staff. Data is collected from various sources, using position comparison and job matching techniques. We seek data from multiple sources, including monterey county behavioral health, california association of social rehabilitation agencies, the northern california nonprofit annual survey, and private salary survey companies when appropriate (such as abbott, langer & associates). All comparative information is presented to the program & personnel committee of the board of directors for review. The hr department recommends changes to the salary schedules if warranted to the entire board. When there is no step schedule change, the only salary increases result from the employee receiving an annual performance review that warrants moving to the next step on the salary schedule, up to a 4.5% increase over the previous step.”

“For catalyst housing, inc., interim inc. Posts the contact information on its website for requests to be made from the public for the following: financial documents; conflict of interest policy; financial statements; and information return form 990.”

“The process has not changed from the prior year.”