Economic Development and Empowerment Through Mentoring

“Form 990 is sent out to each member by email to review and comment.”

“The EDEM Foundation regularly and consistently monitors compliance with its organizational policies through a combination of oversight, documentation, and periodic review. All board members and key personnel are required to review and sign the Conflict of Interest Policy annually. Any potential conflicts are disclosed in writing and reviewed by the Board of Directors, with appropriate actions taken to mitigate any identified risks. Financial transactions are monitored through regular review of bank statements, receipts, and supporting documentation. The organization maintains internal controls to ensure that all expenditures align with its charitable mission. Program activities, including educational initiatives and community development projects, are periodically reviewed by leadership to ensure compliance with organizational guidelines and donor intent.”

“Due to the small size and early-stage nature of the organization, compensation levels are modest and are primarily based on the organization's total revenue, the scope of responsibilities, and the number of hours worked. The Board considers comparable roles within similar nonprofit organizations when such information is available, while also ensuring that compensation remains reasonable and aligned with the Foundation's financial capacity. This process has been applied to the following positions: Executive Director Officers and key employees involved in program implementation and operations”

“Available on the organization's web site”