Spb Hospitality Foundation

“The board of directors reviews and approves an electronic version of the 990. An officer of the organization signs the 990.”

“Each board member, delegate and committee member must disclose any possible conflict of interest at the earliest possible time in writing to the secretary of the foundation. No board or committee member can vote on any matter or participate in the discussion of any matter under consideration at a foundation meeting in which the member has a possible conflict of interest. Each year during the annual meeting of the foundation, each board member must disclose in writing any interest, affiliation or membership which might give rise to a conflict of interest.”

“The board of directors develops the compensation package for the executive director. The committee reviews several sources of data to determine the compensation which includes guidestar and surveys. The last review of the executive directors compensation occurred in march, 2015.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to members of the public upon request.”

“Gifts: program service expenses 44,453. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,453. Equipment: program service expenses 35,696. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,696. Bank charges: program service expenses 18,622. Management and general expenses 5,691. Fundraising expenses 0. Total expenses 24,313. Donations and grants: program service expenses 0. Management and general expenses 24,126. Fundraising expenses 0. Total expenses 24,126. Taxes & licenses: program service expenses 4,688. Management and general expenses 7,900. Fundraising expenses 0. Total expenses 12,588. Security: program service expenses 12,505. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,505. Volunteer appreciation: program service expenses 11,274. Management and general expenses 579. Fundraising expenses 0. Total expenses 11,853. Telephone: program service expenses 45. Management and general expenses 2,737. Fundraising expenses 0. Total expenses 2,782. Stewardship: program service expenses 524. Management and general expenses 0. Fundraising expenses 0. Total expenses 524. Postage and printing: program service expenses 0. Management and general expenses 280. Fundraising expenses 0. Total expenses 280. Annual video: program service expenses 0. Management and general expenses 72. Fundraising expenses 0. Total expenses 72.”