Washington Cash DBA Ventures

“The officers of the corporation will comprise the executive committee. The executive committee shall have and may execute the powers of the board in the management of the affairs of the corporation between meetings of the full board. The executive committee shall report on actions it takes at the next meeting of the full board, at which time actions must be ratified by the board. The executive committee shall conduct an annual written performance review for the executive director.”

“The finance committee reviews 990 and board votes to approve the form before filed with the irs.”

“Employees, officers, and directors who have any influence on or personal interest in transactions involving purchases, membership decisions, loans, grants, contracts, or leases, must disclose the existence of any actual or potential conflict of interest in writing to ventures' executive director as soon as possible, so that safeguards can be established to protect all parties. The executive director reports any potential conflicts to the executive committee.”

“The board of directors researched comparable salaries using the 501 commons nonprofit wage survey and approved the compensation for the executive director position. The final decision is documented with hr after approval.”

“Governing documents, etc, available to the public (part vi) - governing documents, policies, and financial statements are made available upon request. In addition, the form 990 and audited financial statements are available on our website.”

“In 2023, ventures started distributing the city of burien economic recovery and store front repair grants. Ventures provided services and implement the city of burien's small business economic recovery grant program to mitigate financial hardships.”

“The required audit described in uniform guidance, 2 c.f.r. Part 200, subpart f was in process as of the date of filing.”