Eastside Community Development Fund

“First, the ceo and the board treasurer prepare and review the form 990. After a draft has been completed it is shared with every member of the ecdf board, who are asked to review the document, and asked to share any questions, comments, and/or corrections to the ceo and board treasurer. Once board members have had time to review the form 990 and responded with comments, the draft is brought to the entire board during a board meeting. The treasurer and ceo present the form 990 to the board and ask the board to approve certifying send the form 990 as presented or amended. During this process board members have another chance to ask questions and suggest changes. Once the board unanimously votes to approve the form 990 it is then submitted.”

“If potential conflicts of interest present themselves, it is common practice for the ceo to have a discussion with the board chair and vice chair to ascertain whether it qualifies as a conflict of interest and how best to navigate the situation to ensure there are no conflicts of interest.”

“The ceo's (who is currently an independent contractor) compensation was tied to salaries that were current in the non-profit sector at the beginning of 2023. Salaries from a salary survey conducted by archbright, and also a study of other eastside ceo's and executive directors was used to determine an appropriate salary for the ceo of ecdf. In addition, the executive committee of the ecdf board (the boad chair and vice chair) met and both agreed to offer this compensation to the ceo. The whole board was then presented with this recommendation where it was discussed and voted on by the board to accept.”

“Documents were available to the public upon request. No requests made during the year.”

“Eastside community development fund (ecdf) is a non-profit organization working to address our communitys social needs through engaging, connecting, and mobilizing businesses and civic organizations through funding, convening, and advocacy.”

“Rent restricted affordable housing access improvement project: ecdf has met with city staff, arch staff, non-profit providers, and property managers to explore ways to improve access to the rent restricted units that arch monitors in east king county. Shelter & resource app project: ecdf has explored multiple ways to create and launch a shelter and resource app that can help people in need, and the wider public, more effectively and efficiently connected to needed shelter and supportive resources.”

“Professional services 31,889 5,627 0”