Open Adoption & Family Services Inc

“Before the form 990 is filed, either the managing director or the board treasurer reviews the form 990.”

“Annually, members of open adoption and family services, inc. (oafs) board of directors will be required to review the conflict of interest policy to determine if a conflict exists. If it is found that a conflict of interest exists, the steps outlines in article iii, procedure will be as follows: procedures for addressing the conflict of interest: a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether oafs can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonable possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in oafs's best interest, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Violations of the conflicts of interest policy: a. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate corrective action.”

“A review of executive director salary was completed in october 2021 by bga consultants, llc, an independent human resource consultant. The process involved comparison of compensation of non-profit organizations of comparable size.”

“A compensation analysis was completed in october 2021 by bga consultants, llc, an independent human resources consultant, for all positions. The process involved comparison with organizations of comparable size and similar positions.”

“Governing documents, conflict of interest policy, as well as financial statements are available to the public upon request. Viewing of such documents will be at the portland office of oafs located at 5410 s macadam ave., 210, portland, or 97239.”

“Oa&fs supports expectant parents in exploring all of their pregnancy options. When the choice is adoption we facilitate child-centered open adoptions. We assist birth and adoptive parents as they create healthy, long-term relationships that address the ongoing needs of the child.”

“Prior period adjustment -41 prior year form 990 ending net assets differed by 41 from the balance recorded in organization's accounting records. Correcting on the current form 990 filing.”