Domestic Security Partnership

“The draft Form 990 is a discussion item for the DSP Board of Directors Executive Committee (Executive Committee) prior to submission. Following Executive Committee discussion and prior to submission, the Form 990, consistent with recommended best practices, is circulated to all members of the DSP Board of Directors, who are invited to direct questions to the DSP Executive Director.”

“Under the DSP Conflict of Interest Policy (which is based upon IRS recommended best practices), Members of the Board of Directors and Domestic Security Partnership staff members annually complete a certification that they have received a copy of the DSPs Conflict of Interest Policy; that they have read and understand the policy; that they agree to comply with the policy; that they understand that the DSP is a charitable organization subject to oversight; and, that in order to maintain its federal tax exemption the DSP must engage primarily in activities that accomplish one or more of its exempt purposes and not engage in activities and transactions that provide impermissible benefits to individuals or entities. Directors and staff are also required to disclose all actual or potential fco conflicts of interest. The DSP Conflict of Interest Policy is administered by the DSP Executive Committee and the Executive Director.”

“The Executive Directors compensation is reviewed annually by the DSP Executive Committee during its yearly review of the Executive Directors performance. Applicable DSP policy requires that the the Executive Committee retain and rely upon appropriate data regarding how the proposed compensation compares to compensation paid by similarly situated organizations, for functionally comparable positions. Comparability data is considered to be appropriate if it provides the Executive Committee with sufficient information to determine if the compensation arrangement, in its entirety, is reasonable. In practice, the Executive Committee considers compensation data paid by 5 (or more) other comparable non-profit organizations to assess the compensation paid to the Executive Director.”

“The Domestic Security Partnership does not currently employ others (either officers or Key employees). However, in the event that additional staff should be hired, a process similar to the one for determining the compensation for the Executive Director will be instituted.”

“All relevant documents including bylaws and other governing documents, conflict of interest policy and financial statements are available upon request.”