Freedmens Art Alliance Inc

“The governing body uses a systemic process of determing reasonable compensation for the key officers. Generally, that includes comparable services( whether non-profit or for profit, and under comparable circumstances). In other words we look at what other people doing similar jobs for similar organizations are paid. Freedmens strives to be competive to retain great talents.”

“The tax information on form 990 was provided to the board of trustee. The tax documents and items included in the forms were clearly explained to the governing body.”

“A conflict of interest refers to situations in which personal, occupational or financial considerations may affect, or appear to affect, a directors objectivity, judgment or ability to act in the best interests of the corporation and includes conflicts. Adopt a conflict-of-interest policy; we regularly minitor comliance with the policy as defined in our bylaws. Each individual covered by the by the policy to disclose on an annual basis any relationships with people doing business with the organization that could give rise to a conflict of interest.”

“Entire board of directors vote on , and annually approve the executive director/ceos compensation. They take into consideration the financial forecast and budget for the entity to determine compensation.”

“The governing body uses a systemic process of determing reasonable compensation for the key officers. Generally, that includes comparable services( whether non-profit or for profit, and under comparable circumstances). In other words we look at what other people doing similar jobs for similar organizations are paid. Freedmens strives to be competive to retain great talents.”

“Relevent financial and governing documents are available to general public upon request. The three most recently filed annual returns with the irs is available on the irs website for general public.”