Southwest Human Development Incorporated

“Executive committee consists of the officers of the board of directors (board chair, board vice chair, secretary, treasurer and chair of the board development and goverance committee). The executive committee may appoint a member from the board to serve on the executive committee for a set amount of time. The executive committee shall have the power to transact all regular business of the corporation between meetings of the board. Without limiting such power, the committee shall take no actions contrary to formally stated policies of the board. The executive committee shall evaluate the performance and review and establish the compensation of the chief executive officer. The finance committee consists of at least three members of the board of directors with the treasurer serving as the chair of the finance committee. The finance committee, with the board chair, shall have the authority to act on behalf of the board on all finanical matters which cannot be delayed until the board's next regularly schedule meeting. The finance committee, with the consent of the board chair, is authorized to commit expenditures up to a total amount which shall be determined from time to time by the board. Any action taken by such committee pursuant to the foregoing authority shall be reported to the board at its next regular meeting. The head start policy counsil includes student's parents. Committees within their charter make recommendations which are then considered by the complete board of directors.”

“Changes to our bylaws are as follows: 1) regular board meeting shall be held every other month from july through may. 2) officers' term shall be two years. Officers may not serve more than one consecutive term in the same office (this will not affect the current officers who are in the middle of their term). 3) the executive committee may appoint a member from the board to serve on the executive committee for a set amount of time.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once the draft of the return is prepared, it is provided to the organization for review with any changes being incorporated before it is reviewed by the finance committee. The form 990 is then provided to the governing body prior to filing.”

“Annual certification of compliance with the conflict of interest policy is required by directors and key employees. One of southwest human development, inc.'s (swhd) major programs is head start. Under the head start act, board members (or their relatives or business associates) are not allowed to receive compensation for services performed for the grant recipient (swhd). Thus conflicts of interest are strictly forbidden and where conflicts arise require board members leave the board. Similar restrictions are imposed on key employees (and their relatives) for any compensation beyond reasonable salary and benefits.”

“Compensation for the ceo is reviewed annually by the executive committee of the governing board. Comparable industry compensation survey data is used and minutes are kept documenting the deliberation and decision. Senior managers' compensation, including the cfo, is also reviewed annually by the finance committee of the governing board. Comparable industry surveys for like positions at similar sized local not-for-profit companies is used and minutes are kept documenting the deliberation and decision.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Earning in educare arizona 556,925. Excess of assets acquired over liabilities assumed of educare arizona 8,507,601. Unemployment reserve - beginning balance 406,451.”

“The finance committee oversees the audited financial statements. There has been no change in this process during the current year.”