Community Hero Action Group

“The Form 990 was prepared by management and reviewed by the organizations treasurer. A draft was provided to all board members for review prior to filing. The full board reviewed and approved the final version of the Form 990 at a regularly scheduled board meeting before submission to the IRS.”

“Board members and key staff must disclose potential conflicts annually and before relevant discussions. The Compliance Committee reviews major transactions quarterly to identify undisclosed conflicts. When conflicts arise the individual recuses themselves from discussions and decisions while independent board members determine if the transaction remains in the organizations best interest. For conflicts discovered after transactions begin the board conducts reviews and takes appropriate remedial action. All conflict reviews and resolutions are documented.”

“| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Nicole McGruder, The Board of Directors annually reviews comparable salary data from similar nonprofits in our region and sector. This includes examining industry salary surveys and compensation studies for organizations of similar size budget and mission. The Board reviews market analysis to the and then deliberates and votes on appropriate compensation levels. All compensation decisions are documented in board minutes. The board reviews performance metrics to ensure compensation aligns with organizational goals and achievements. Performance review includes a survey by the Board of Directors Advisory Board and volunteers., 2022|”

“The organization makes its governing documents conflict of interest policy and financial statements available to the general public upon request. Additionally our Form 990 is available on GuideStar and the IRS website.”

“| Employee Name:, Description:| Nicole McGruder, Salary increase reflects adjustment to market rate based on compensation study and expanded responsibilities including leadership of additional programs previously not under the Executive Directors purview.|”

“| The organization transitioned from cash to accrual basis accounting to more accurately reflect our financial position and activities. This change was primarily implemented due to the receipt of a significant grant where the funds were committed but not fully disbursed within the same fiscal year. Moving forward we have decided that accrual accounting allows us to properly recognize grant revenue when earned rather than only when received providing a more accurate representation of our program activities and financial obligations across reporting periods.|”

“Community Advocates for Senior Empowerment Program - This is an evidence-based program that provided 1:1 interviews with senior citizens to identify depression and isolation. Its goal is to empower seniors with identifying symptom and taking the necessary steps to mitigate their depression symptoms. The secondary component of the program was to increase culturally competent mental health professions to the provider pool by providing resources for preparatory exams and test fees.”

“The organization transitioned from cash to accrual basis accounting to more accurately reflect our financial position and activities. This change was primarily implemented due to the receipt of a significant grant where the funds were committed but not fully disbursed within the same fiscal year. Moving forward we have decided that accrual accounting allows us to properly recognize grant revenue when earned rather than only when received providing a more accurate representation of our program activities and financial obligations across reporting periods.”