Neighborhood Villages Inc

“Emily ford henry ford, iii family relationship”

“The form 990 is reviewed by nv's cfo and insource services financial and accounting manager, along with the co-founders of nv and the chief of staff. It is then sent to the finance committee for their review.”

“All members of the board of directors and officers are required to disclose any conflicts of interest by completing a questionnaire annually. If a conflict of interest is deemed to exist, it is the duty of the individual to disclose such interest. This interest is to be recorded in the minutes of the meeting of the board and where the conflict concerns any board or committee member, the individual(s) shall not participate in any vote or deliberation on the matter. Periodic reviews are conducted to ensure that the organization is operating in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status.”

“Compensation for the co-presidents is determined by the board of directors. The board of directors utilizes an independent, third-party consulting firm to conduct periodic compensation studies, which encompass comparable, relevant market data for the organization's positions obtained from published surveys and other available sources such as peer organizations' 990 forms. Other surveys of specialized skill set or employee attributes critical to the success of the organization will also be incorporated as needed. Compensation for the leadership team is also determined based on comparable industry standards. All compensation decisions made by the board are documented in the minutes.”

“The organization makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code upon request; guidestar.org; mass. Attorney general website -http://www.charities.ago.state.ma.us/charities/ and other similar types of websites.”

“The organization governing documents, conflict of interest policy and financial statements are available for inspection upon request and also on the website of the massachusetts division of public charities.”

“Other professional fees: program service expenses 678,046. Management and general expenses 217,254. Fundraising expenses 24,706. Total expenses 920,006.”

“The organization did not change either its oversight process of the audit, review, or compilation of its financial statements or selection process for an independent accountant during the tax year.”