Abc Cayuga Inc.

“The 990 is reviewed by the finance committee for content and accuracy and then reviewed by the full governing board for final approval with auditors.”

“All staff, volunteers and board members are required to avoid conflicts of interest. Annually, staff, volunteers and board members sign a conflict of interest statement. The annual statement reads as follows: article i purpose the purpose of this conflict of interest policy (this "policy") is to (1) protect the interests of abc cayuga, inc. (the "corporation"), a tax-exempt organization, when it is contemplating entering into a transaction or arrangement that might benefit the private interest of a director, officer or key employee or might result in a possible excess benefit transaction; and (2) provide a procedure for dealing with conflict of interest situations. This policy is intended to supplement, but not replace, any applicable state and federal laws governing conflicts of interest applicable to not-for-profit, charitable organizations in new york state. This policy applies to all directors, officers and key employees of the corporation. Article ii definitions 1.affiliate an affiliate includes any entity controlled by, in control of, or under common control with the corporation. 2.board the corporation's board of directors shall be the "board" under this policy 3.covered personnel the directors, officers and key employees shall be "covered personnel" under this policy. 4.conflict of interest a conflict of interest may exist whenever an individual owes a duty to more than one person or organization, or when an individual's personal interests or concerns are potentially inconsistent with, or divergent from, the interests of the corporation. 5.family family of a person includes his or her spouse or domestic partner, ancestors, brothers and sisters, children, grandchildren, great- grandchildren, and spouses or domestic partners of brothers, sisters, children, grandchildren and great-grandchildren. 6.financial interest a person has a financial interest if the person has, directly or indirectly, through business, investment, or family: a.an ownership or beneficial interest in any corporation of 35% or more or more than 5% in a partnership or professional corporation with which the corporation has a transaction or arrangement or with which the corporation is negotiating a transaction or arrangement, or b.any compensation arrangement from which a person receives a financial benefit or other form of remuneration or incentive based upon a transaction or arrangement involving the corporation. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. 7.interested person any director, principal officer, or key employee, who has a direct or indirect financial interest or other personal interest in a transaction or other arrangement involving the corporation is an interested person. 8.key employee a key employee means any person who is in a position to exercise substantial influence over the affairs of the corporation. 9.related party a related party includes: (1) any trustee, director, officer, or key employee of the corporation or any affiliate; (2) family of any trustee, director, officer, or key employee of the corporation or any affiliate; or (3) any entity in which any individual described in clause (1) or (2) of this definition has a thirty-five percent or greater ownership or beneficial interest in or, in the case of a partnership or professional corporation, a direct or indirect ownership interest in excess of five percent. 10.related party transaction a related party transaction includes any transaction, agreement or any other arrangement in which a related party has a financial interest and in which the corporation or an affiliate is a participant. A transaction, agreement or other arrangement otherwise meeting the requirements for a related party transaction is a related party transaction even if the board determines that a conflict of interest does not exist. Article iii procedures 1.duty to disclose in addition to the annual statements set forth in article vi of this po”

“The executive director's salary is initially determined by the board of directors. Compensation is based on other comparable organizations. Annual raises, if any, are based on cost of living, in conjunction with the recommendation of the administration and finance committee.”

“All governing documents are made available upon request.”

“The mission of the play space is to enrich young children's lives through play by providing a welcoming place where young children and their families play, learn and grow together. The vision is to enrich all children's lives through play. The play spaces values will be: welcoming, inspiring, encouraging, and learning through play.”