Trea Senior Citizens League

“The form 990 was prepared by the outside accountants and reviewed by management. The return was provided to each board member and legal counsel for review and comment before it was filed with the irs.”

“Each tscl board member and the executive director is annually required to disclose interests that could give rise to conflicts of interest. If a conflict of interest arises, the board member recuses him/herself from the voting. In addition, no trustee may enter into a conflicting interest transaction, such as a contract or other financial relationship between him/herself and tscl, between any party related to him/her and tscl, or between any entity in which he/she has an interest or in which he/she is an officer or trustee and tscl. No loans are made by tscl to any officer or trustee. However, if a loan were to be made, any trustee or officer who assents to such loan is liable for the loan until it is repaid. Each officer, trustee, agent or committee member must discharge his/her duties in good faith, with ordinary and prudent care, and in the best interests of the organization.”

“A comparison was made between similar positions at like organizations within the federal government. The board reviewed those comparisons, made adjustments where appropriate, and determined a pay rate for the executive director. The deliberation and decision of this review was documented in the board minutes. The executive director's compensation was last reviewed in september 2021.”

“Tscl does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“Mail fees: program service expenses 299,770. Management and general expenses 0. Fundraising expenses 0. Total expenses 299,770. Newsletter/public education: program service expenses 49,208. Management and general expenses 0. Fundraising expenses 19,042. Total expenses 68,250. Data processing: program service expenses 70,640. Management and general expenses 0. Fundraising expenses 27,335. Total expenses 97,975. Caging key and escrow fees: program service expenses 161,075. Management and general expenses 0. Fundraising expenses 62,330. Total expenses 223,405. Back-end costs: program service expenses 21,446. Management and general expenses 0. Fundraising expenses 8,299. Total expenses 29,745. Hosting and management fees: program service expenses 42,419. Management and general expenses 0. Fundraising expenses 16,415. Total expenses 58,834. List fees: program service expenses 139,691. Management and general expenses 0. Fundraising expenses 54,055. Total expenses 193,746.”