Azura Inc

“In july 2023, mesa united way created two new nonprofit corporations: azura inc. And foster360 (which had previously operated as a program of helens hope chest). Additionally, helens hope chests affiliation with mesa united way was eliminated and reorganized as an independent nonprofit corporation. The purpose of these structural changes furthered mesa united ways goal of launching sustainable programming that directly improves the lives of our community members. The newly incorporated programs that previously operated under the mesa united way organization, as well as the mesa united way initiatives of 12books/mesa youth unite, mesa veterans resource center, and vita, were placed under the umbrella of azura inc.”

“The audit committee reviews the drafts of the audited financial statements and form 990 submitted from the independent accounting firm. Based on their review, the audit committee recommends acceptance or rejection of the form 990 to the executive committee. A motion to accept or reject the form 990 is put to the general board along with the audit committees recommendations and a copy of the drafted form 990 prior to filing with the irs.”

“Each fiscal year, all board members are required to sign and date a new copy of the code of ethics. Thecode of ethics specifically requests that a board member divulge any and all persons or entities with whom they have a personal relationship that also shares a relationship with the organization. All staff members must sign a new copy of the organizations personnel policies and procedures handbook each fiscal year. All transaction and vendor negotiations are conducted at arms length. Three competing bids are required for any potential expenditure over $10,000. Board members who are a related party to any transaction are not allowed to vote on that transaction. Conflicts are monitored and enforced continuously and brought to the attention of management and the board.”

“The board of directors form a search committee made up of board members and nonmembers. This search committee reviews demographic data for compensation levels of ceos in similar sized organizations and subsequently recommends a compensation level to the executive committee. Once approved by the executive committee, the recommendation is made to the full board of directors for a vote. The last compensation review/update process was completed in 2023. Compensation for all other positions in the organization is determined by the ceo who reviews compensation levels for similar positions in similarly sized organizations. Board members may be consulted, but board approval is not required.”

“The organizations governing documents, conflict of interest policy and financial statements are available upon request.”

“The audit committee reviews the drafts of the audited financial statements and form 990 submitted from the independent accounting firm. Based on their review, the audit committee recommends acceptance or rejection of the form 990 to the executive committee. A motion to accept or reject the form 990 is put to the general board along with the audit committees recommendations and a copy of the drafted form 990 prior to filing with the irs.”