Fideicomiso Comunitario Tierra Libre

“Section B-The Form 990 is submitted to the Executive Director for initial review and presented to the Board for final review and approval of the information prior to filing. The following are the important views that the Board should be aware of from the Form 990: 1. Governance ( the description of the organizations mission and written policies; how governing decisions are made and if meetings of the governing body are documented in writing; changes to governing documents) 2. Tax Compliance ( proper classification of employees or independent contractors, filing of employment tax returns and timely deposits of payroll taxes, proper receipts furnished to donors for contributions received by the organization, and filing of tax returns for unrelated business income) 3. Financial Management ( relationship of administrative and fund-raising expenses compared to total expenses and organizational revenue, if an independent auditors were hired to audit the financial statements each year and description of the process used in determining the compensation of top organization officials and the reasonableness of the salaries)”

“The public can request copy of by laws that includes the conflict of interest policy description. Financial Statements are available upon request.”

“The organization hired a Co-Director to manage and did not hire an executive director. Adopted employee and board handbook and policies provide for use of the nonprofit compensation benchmark survey from non-profit compensation associates as an independent tool to review compensation for all parties who would be paid, compensation will be reviewed by the board and set annually.”

“Section B- The evaluation of performance of the Co-Director will follow the same evaluation procedure discussed in the Staff Evaluations and Salary Reviews section of the Organizations personnel policies and procedures handbook. The evaluation will take place on annual basis and must occur within the last 2 months of each fiscal year. The Co-Director will complete a self evaluation form and will be submitted to the Board for review.”