Natural Communities Coalition

“The board members review the prepared form 990 prior to filing with the irs. This is done at a regular board meeting. The executive director sends the form 990 to the members prior to the meeting, and at the meeting asks whether there are questions or comments.”

“The staff, officers and directors are all subject to the conflict of interest policy. Transactions are monitored by staff and the executive director (who is an officer). The determination would be made at the officer level. Restrictions imposed would be determined on a case by case basis.”

“There is an annual review of the executive director's compensation and performance conducted by the board of directors. The compensation of the executive director would be brought before the full governing board for a vote to change the base amount. There is an annual review of the staff compensation and performance conducted by the executive director. Cost of living increases are based on cpi for orange county. Board of directors approve performance based compensation.”

“The audited financial statements are on the ncc website - occonservation.org. All other documents are available upon request.”

“Restoration and enhancement: program service expenses 939,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 939,025. Monitoring: program service expenses 375,835. Management and general expenses 0. Fundraising expenses 0. Total expenses 375,835. Cowbird trapping: program service expenses 39,996. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,996. Consulting & professional fees: program service expenses 0. Management and general expenses 15,396. Fundraising expenses 0. Total expenses 15,396.”

“Ppp loan advance in march 2020, congress passed the paycheck protection program (ppp) under division a, title i of the coronavirus aid, relief, and economic security act, authorizing loans to small businesses for use in paying employees that they continue to employ throughout the covid-19 pandemic and for rent, utilities and interest on mortgages. Loans obtained through the program are eligible to be forgiven as long as the proceeds are used for qualifying purposes and certain other conditions are met. On april 30, 2020, the coalition received a loan in the amount of $71,805 through the ppp. Management expects that the entire loan will be used for qualifying purposes; therefore, management anticipates that the loans will be substantially forgiven. Final approval of any forgiveness amount is subjected to the determinations of the small business administration. To the extent it is not forgiven, the coalition would be required to repay that portion at an interest rate of 1% over a period of two years, beginning september 2021 with a final installment in april 2022.”