Montbello Organizing Committee

“Board member katherine haynes has a family relationship with executive director donna garnett. Board member greg allen has a family relationship with board member tricia allen.”

“The organization's executive committee reviews the draft 990 and makes a recommendation to the entire board to approve the submittal of the form. A complete copy of the 990 is provided to the board before filing.”

“The board annually requires board and staff to sign a conflict-of-interest disclosure and to periodically update should changes in the situation occur. The entire board recently reviewed the conflict-of-interest policy in a board meeting to ensure that everyone understood the conditions. The board chair and executive committee review all potential conflicts to determine if there is a conflict. When there is a conflict, the interested party may present on the issue, but is then recused from the vote on the transaction with a potential conflict.”

“The independent board reviews the compensation for the executive director using compensation data from the colroado not for profit associaiton. All decisions are documented in the meeting minutes and the personell file. The last review was in 2022 and was conducted by members of the executive committee.”

“Form 990 is available through the colorado secretary of state's office.”

“All are a matter of public record accessible through the colorado secretary of state office.”

“Building wealth from within - a 12 week program geared towards helping residents grow their entrepreneurial skills and build businesses that serve the montbello community. E-mobility program - offering eco-friendly and economical transportation to residents including: - free electric bike rentals - electric passenger van for community organizations - electric car charging stations montbello solutions mental wellness - a collaborative network comprised of partner organizations and community service providers dedicated to bringing culturally relevant wellness options to address the mental health needs of the diverse montbello community.”

“MOC's Building Community Wealth Initiative is aimed at building out strategies to address the social determinants of equity and assisting residents in creating wealth that supports communities from the inside out. The goal is to develop an economic system within Montbello that provides employment and business ownership opportunities for residents along with building generational wealth by creating home ownership opportunities. In 2022, 39 new entrepreneurs (all people of color) were trained in successful business ownership and 78 local businesses received resource navigation services. EXPENSES: $218,385 INCLUDING GRANTS: NONE REVENUE: NONE”

“Moc fiancials statements previously were prepared using the cash method. In 2021, the financials statements were converted to the accrual method.”

“Description:independent contractor total fees:41509”

“Description:architect & development total fees:183004”

“Description:consulting total fees:134875”

“Description:other professional svcs total fees:20015”

“Description:land title services total fees:150000”