Services for the Underserved Inc.

“Form 990 is prepared with reference to the audited financial statements which are reviewed by the board. The completed 990 is reviewed by senior management and distributed to the board immediately prior to submission. The 990 is formally reviewed by the finance committee of the board at the first scheduled meeting after it is completed.”

“On or before july 1st of each year, the organization's employees at management levels, assistant program managers and above, must complete a conflict of interest declaration. The executive director and compliance officer shall annually review all such declarations and advise the board of directors concerning potential conflicts indicated by the declarations. In addition, the conflict of interest policy is presented and a disclosure statement is signed prior to appointment of new board members and prior to hire of officers and key employees.”

“At intervals of around three years the executive/hr committee of the board conducts salary benchmarking using the services of an independent, qualified compensation consulting firm to conduct a market pay analysis - base salary and total cash - for its executives based on organizations of comparable type, size and geographic location. The firm also conducts an assessment of external market competitiveness of selected benefits - retirement and executive perquisites - for targeted executive positions. This process was last undertaken in october 2020 for: - chief executive officer (top management official) - chief financial officer (top financial official) - chief of staff (officer) minutes are maintained for the executive/hr committee when reviewing benchmarks for positions.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public on its own website and upon request.”

“COMPOUNDED BY POVERTY, HOMELESSNESS, AND SUBSTANCE ABUSE. SERVICES FOR THE UNDERSERVED, INC. CARRIES OUT ITS MISSION THROUGH AFFILIATED ENTITIES THAT FILES A SEPARATE FORM 990, SERVICES FOR THE UNDERSERVED INC. GROUP RETURN (91-2071511). FORM 990, PART VI, SECTION A, LINE 4: Services for the Underserved, Inc. amended its purpose in a Certificate of Amendment of the Certificate of Incorporation (filed with the New York State Department of State on 11/7/2019). The corporation's Certificate of Incorporation was amended to add the following express corporate purpose and power: To own, construct, rehabilitate, lease, manage, develop, operate and/or maintain and/or provide housing accommodations, either directly or through subsidiaries or affiliates, for homeless, low income, and mixed community people. Services for the Underserved, Inc. amended its purpose in a Certificate of Amendment of the Certificate of Incorporation (filed with the New York State Department of State on 11/2/2010). The corporation's Certificate of Incorporation was amended to add the following express corporate purpose and power: To act as the guardian of mentally retarded or developmentally disabled persons, within the meaning of Section 1760 of the Surrogate's Court Procedure Act.”