Bgca Real Estate Support Co

“A draft of the form 990 is circulated to the board of governors for its review, recommendations and approval. Changes, if any, recommended by the board are incorporated in the form 990 before its submission.”

“Boys & girls clubs of america has developed two separate codes of ethics policies one for the employees and the other for governors and trustees, both of which address conflicts of interests and whistle blowing policies within them. These policies were approved by the board of governors. The code of ethics for employees is executed by all new employees at the time of hire and annually on an ongoing basis. Likewise, the code of ethics for governors must be executed by all new governors and they are asked to review and execute on an annual basis. The human resource department of boys & girls clubs of america is responsible for monitoring the execution of the employees' code of ethics and the resource development department is responsible for monitoring the execution code of ethics for governors & trustees. In addition, the board of governors has an ethicist on the board to monitor ethical concerns at that level. Boys & girls clubs of america has an ethics hotline and two ethics officers who monitor ethical concerns on an ongoing basis by: -ensuring the code of ethics is updated at least annually and continues to replicate best practices of other for-profit and not-for-profit organizations; -reviewing and responding appropriately to all questions, issues, and complaints and ensuring the code of ethics is clarified and/or revised based on the input received; -reporting any significant ethical concerns to all necessary committees of the board and/or the board; -requiring a member of the board of governors receive all formal complaints and enlist their involvement in the resolution and response to complaints as needed; and -conducting training on the code of ethics as needed.”

“The total compensation for all senior leadership is determined by boys & girls clubs of america's ("bgca's") board of governors through the human resources and compensation committee ("hrcc"), which works with an independent firm to assess the marketplace thoroughly to determine comparable salary practices, "peer comparison" compensation data, and other related trends in the not-for profit sector. The independent firm also provides a detailed report of their analysis, comparisons and recommendations to the hrcc. This review is conducted on a regular basis. In addition, every march, the hrcc reviews each senior leadership team member's total compensation based on performance feedback on the individual as well as the organization and approves the upcoming annual total compensation and benefits package prior to any changes in compensation and/or benefits. All compensation and benefit decisions of the hrcc are completed and documented as required to meet the rebuttable presumption of reasonableness under the intermediate sanctions regulations. The process described here was last completed in 2024.”

“Governing documents, conflict of interest policy, and financials boys & girls clubs of america maintains a comprehensive website www.bgca.org that includes multiple years of annual reports and forms 990 to which the general public has access. The website also provides information regarding the history of the organization, board of governors, mission of the organization, details of various programs, partners, alumni, privacy policy etc.”

“Transfer of assets between related organizations 59,474.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”