Casa Esperanza Inc.

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

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

“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 without the personnel details as one lump sum.”

“The organization posts its latest audited financial statements and 990s on its website. The organization makes conflict of interest and financial policies available upon request. The organization's 501( c)(3) letters and bylaws are provided on request. The organization also has an electronic copy of these documents 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.”

“Resident assistance: program service expenses 7,646. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,646. Dues and licenses: program service expenses 1,536. Management and general expenses 1,838. Fundraising expenses 5. Total expenses 3,379. Printing: program service expenses 1,433. Management and general expenses 495. Fundraising expenses 568. Total expenses 2,496. Bank fees: program service expenses 1,577. Management and general expenses 257. Fundraising expenses 343. Total expenses 2,177. Miscellaneous: program service expenses 1,367. Management and general expenses 187. Fundraising expenses 557. Total expenses 2,111. Postage: program service expenses 1,546. Management and general expenses 307. Fundraising expenses 234. Total expenses 2,087. Staff and volunteer recognition: program service expenses 443. Management and general expenses 661. Fundraising expenses 975. Total expenses 2,079. Board of director expenses: program service expenses 0. Management and general expenses 2,040. Fundraising expenses 0. Total expenses 2,040. Bad debt: program service expenses 1,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,124. Equipment rental: program service expenses 565. Management and general expenses 0. Fundraising expenses 0. Total expenses 565. Planning and development: program service expenses 97. Management and general expenses 31. Fundraising expenses 218. Total expenses 346. Sponsored event: program service expenses 0. Management and general expenses 0. Fundraising expenses 134. Total expenses 134. Reclass assistance for individuals to grants: program service expenses -58,003. Management and general expenses 0. Fundraising expenses 0. Total expenses -58,003.”

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