Process Studies International

“The Form 990 was prepared by the organization's Executive Director. A draft of the completed return was reviewed by a third-party bookkeeper and shared with the Chair of the Board of Directors prior to finalization and submission to the IRS.”

“The Center for Process Studies (CPS) has a written conflict of interest policy that applies to all officers, directors, trustees, and key employees. Annually, each covered individual is required to complete and sign a conflict of interest disclosure form, affirming their understanding of the policy and disclosing any potential conflicts. The Executive Committee of the Board reviews all submitted disclosures and addresses any reported conflicts. In the event of a potential conflict, the individual must recuse themselves from related discussions and decisions. CPS records the recusals in board meeting minutes and follows IRS-recommended procedures to ensure transparency and independence in decision-making. The policy and its enforcement are reviewed periodically as part of board governance practices.”

“The Center for Process Studies (CPS) determines compensation for its Executive Director and key employees using a transparent pay scale approved by the Board of Directors. This pay scale was informed by two independent nonprofit compensation studies, ensuring alignment with market standards for similarly sized and mission-aligned organizations. The compensation-setting process includes: Review and approval by independent members of the Board of Directors, use of comparability data from compensation studies and publicly available nonprofit salary benchmarks, and contemporaneous documentation of deliberations and decisions in board meeting minutes. This process was applied in 2024 for the Executive Director and other key employees.”

“The Center for Process Studies makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Requests may be submitted by email or postal mail using the contact information provided on the organization's website.”