Alabaster House

“A copy of the Form 990 was reviewed by the board of directors before it is filed. The form was prepared by Tax Specialists of the Carolinas based on the financials provided by Michael Ambrose, and a draft was distributed to the director. The board then convenes a meeting specifically to review and discuss the Form 990. During this meeting, the board thoroughly examines the form, including all financial statements and disclosures, and has an opportunity to ask questions and seek clarifications. Following this review, the board records the approval of the Form 990 in the meeting minutes. This documentation confirms that the form was reviewed and approved prior to final submission. The Form 990 is subsequently filed with the IRS.”

“The organization maintains a written conflict of interest policy that is reviewed annually by the board. This policy is designed to identify and manage potential conflicts to ensure transparency and integrity in operations.”

“Director salaries are determined based on a comprehensive review of compensation benchmarks and industry standards for similar positions. The board conducts an annual evaluation to ensure that salaries are competitive and align with the organizations budget and compensation policy. This process helps maintain fairness and transparency in director compensation.”

“The salaries of other key employees are determined through a process that includes benchmarking against industry standards and internal evaluations of job performance and responsibilities. The compensation for these positions is reviewed annually by the board or relevant committee to ensure it is competitive and aligned with the organizations financial capacity and compensation policy.”

“The organizations Form 990 and financial statements are made available to the public via the South Carolina Secretary of States website, ensuring transparency and accountability. Additionally, these documents can be obtained by contacting our administrative office directly.”