Homewise Inc.

“The organization amended the bylaws on december 30, 2013. The amended bylaws include the following changes" 1. Added a section, "consent", which reads, "any action which is required or permitted to be taken at a meeting of the board of directors may be taken without a meeting if a consent in writing setting forth the action so taken is signed by all the directors entitled to vote on such action. Such written consent may be by e-mail or other generally acceptable electronic medium. The consent shall have the same force and effect as a unanimous vote. Such action shall be effective as of the date specified in the consent." 2. Modified role of the vice chair to include, "the vice chair may sign and execute, in the name of the corporation, all authorized deeds, mortgages, bonds, contracts or other instruments, except in cases which the signing and execution thereof shall have been expressly delegated to some other officer or agent of the corporation." 3. Modified role of treasurer to include "the treasurer shall serve as chair of the finance/audit committee and shall report to the board on activities and policy proposals put forth by the finance/audit committee." 4. Changed standing committees to 1) finance/audit committee 2) governance committee and 3) executive committee. 5. Defines role of finance/audit committee to, "the finance/audit committee is responsible for the recommending to the full board financial policies, goals, and budgets that support the mission, values and strategic goals of homewise. The committee shall review the organization's financial performance against its goals and propose major transactions and programs to the board. The finance/audit committee shall ensure completion of an annual organizational audit within 120 days of the completion of the fiscal year, and shall recommend acceptance of the audit to the full board. The treasurer shall serve as chair of the finance/audit committee." 6. Defines role of governance committee to,"the governance committee is responsible for recommending to the board policies and processes designed to provide for effective and efficient governance. The governance committee shall recommend nominees for election and reelection to the board, provide for new member orientation and ongoing training to all board members as needed, and oversee a board evaluation process. The committee will regularly review the corporations bylaws and supporting policies and recommend any needed changes to the full board." 7. Defines role of executive committee to,"the executive committee shall consist of the chair and vice chair of the board as well as the chairs of the finance/audit and governance committees. The executive committee shall have authority to take any necessary and appropriate action on behalf of the corporation between meetings of the board of directors consistent with the policies of the corporation. The executive committee shall perform the preliminary regular personnel evaluation of the chief executive officer and present such evaluation to the board of directors."”

“After the return is prepared by an independent accounting firm, the cfo reviews a copy of the draft form 990 for completeness and accuracy and then sends it to our finance committee for review. The form 990 is then presented to the board. The governing board reviews and then approves the final copy. The return is filed.”

“All officers, directors and key employees are required to review the conflict of interest agreement annually. They must document any conflict and sign a conflict of interest statement annually. If a conflict arises in regard to a board member, that member is not allowed to vote on the transaction.”

“The board of directors approves the compensation of the executive director through an internal review process. This process includes the use of comparability data for similarly qualified persons in comparable positions at similar organizations. All deliberations and decisions are documented.”

“Form 990 is available to the public upon request. All other governing documents, conflict of interest policy and financial statements are available to the public upon request.”