Elevate Birmingham

“The organization does not have committees with authority to act on behalf of the governing body.”

“Organization's process to review form 990 upon completion of the organization's form 990, the return is presented to the governing body. The governing body reviews the tax return and is free to ask any questions or engage in discussion regarding any topic covered in the return. Once the governing body has reviewed and approved the form 990, the return is filed with the internal revenue service.”

“Enforcement of conflicts policy in connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her financial interest of fiduciary responsibility and all material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangements. Subsequent to disclosure by an interested person of his or her financial interest or fiduciary responsibility and all material facts, the board or committee members shall discuss and vote upon whether a conflict of interest exists. The interested person shall abstain from voting upon such matter. Each director, principal officer, and member of a committee with board-delegated powers shall annually sign a statement regarding the conflict of interest policy.”

“The board created a compensation committee to review the organization's goals, the executive director's goals, and the executive director's job description. This committee also considered the current market range for executive directors in similar organizations, and what other elevate directors were being compensated across the nation.”

“Governing documents disclosure explanation the organization make its governing documents and various other information available to the public upon request.”

“Modified cash method is used for accounting.”