Casa Esperanza Inc.

“The executive committee consists of 6 board members who may act on behalf of the board.”

“1 - the name of the board's "people development committee" has been changed to the "executive committee". 2 - the annual board meeting time frame has been changed from "a date not later than 90 days following the end of the corporation's fiscal year" to "a date not later than 160 days following the end of the corporation's fiscal year". 3 - the name of the board's "budget committee" has been changed to the "finance and investments committee".”

“Form 990 is provided to the finance & investments committee of the board for its review and copies are then e-mailed to board members who can ask questions at the board meeting prior to the filing of the form.”

“Each member of the board of directors is required to sign conflict of interest forms every year. Potential conflicts are noted in the minutes and monitored throughout the year.”

“The executive committee of the board of directors annually reviews and approves the compensation of management and staff after performing research and comparative analyses. The executive director recommends salaries for everyone other than herself. She does research through the association of fundraising professional annual report for salaries and by comparisons from information sought from other similar size organizations. Then she includes the selected salaries in the fiscal year personnel budget presented for approval to the executive committee. After this committee approves, the personnel budget goes to the full board for approval as one lump sum without the individual employee details.”

“The organization posts its latest audited financial statements and 990's on its website. The organization's 501(c)(3) letters, conflict of interest policy and governing documents are provided on request. It also provides its financial, gift and investment policies on request. In addition, the organization has an electronic copy of these documents at guest services so that they can be e-mailed or printed and sent by u.s. Mail to those who request them. This process is consistent with prior years.”

“As disclosed in schedule r, this organization is related to casa esperanza endowment foundation, inc and shares employees with them. Each organization separately pays the employees for the services performed by the employee for them.”

“Other professional fees: program service expenses 41,443. Management and general expenses 10,080. Fundraising expenses 107. Total expenses 51,630.”

“Printing and publications: program service expenses 1,130. Management and general expenses 1,046. Fundraising expenses 1,209. Total expenses 3,385. Staff and donor recognition: program service expenses 360. Management and general expenses 436. Fundraising expenses 1,193. Total expenses 1,989. Fundraising expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 1,131. Total expenses 1,131. Board expenses: program service expenses 26. Management and general expenses 970. Fundraising expenses 0. Total expenses 996. Other expenses: program service expenses 756. Management and general expenses 0. Fundraising expenses 2. Total expenses 758. Bad debt expense: program service expenses 695. Management and general expenses 0. Fundraising expenses 0. Total expenses 695. Reclass fundraising event exp to pg 1: program service expenses 0. Management and general expenses 0. Fundraising expenses -2,691. Total expenses -2,691. Reclass assistance to individuals: program service expenses -29,741. Management and general expenses 0. Fundraising expenses 0. Total expenses -29,741.”

“The board of directors assumes responsibility for the oversight of the audit of the financial statements and selection of an independant accountant. This process has not changed from the prior year.”