Serverie

“In the case of vacancies, new members of the Board of Directors shall be nominated by the Executive Team of the Board of Directors and approved by the Elder Board of Grace Church.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management.”

“The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The board evaluates and reviews the compensation of the Executive Director annually using HR market data in its evaluation. The process is documented in the board minutes. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.”

“The governing documents, conflict of interest policy and financial statements are available upon request.”

“Staff are compensated by a related organization, Grace Baptist Church. Grace Baptist Church files all required payroll information returns as required by the IRS. As such, due to common paymaster rules as instructed by the IRS, the number of employees reported represent the number of employees who work for the filing organization but are compensated by a related organization. ServErie reimburses the related organization for the employee's compensation and the reimbursements are reported on 990, Part VII, Section A and 990, Part IX, Lines 5-10.”

“Other Professional Fees: Program service expenses 55,966. Management and general expenses 199. Fundraising expenses 663. Total expenses 56,828.”