United Way of Greater Salt Lake

“United way of salt lake has no employees. The organization has an administrative services agreement with its related entity, utah's promise, to provide management and administratives service support to the organization on a reimbursement basis.”

“The corporation has one voting member, utah's promise, a utah nonprofit corporation.”

“The members of the board of directors are appointed by its voting member, utah's promise.”

“The governing board has given a board committee, collective impact council, authority to review all grants, approve grants under $25,000 up to a cumulative monthly total of $100,000, and recommend grants above $25,000 to the full board for approval. Ceo and cio have authority to approve grants up to $5,000, not to exceed $10,000 in approval each month. The governing board authorizes a representative community panel to make grant decisions equal to or less than 10% of its overall grants budget.”

“The voting member shall have the exclusive power and authority to authorize, approve and ratify any action to: (i) amend these articles of incorporation or the corporation's bylaws; (ii) dissolve the corporation, merge with another entity or dispose of substantially all of the assets of the corporation; (iii) take on new debt; (iv) implement a significant shift in the corporation's strategy; (v) buy material assets; (vi) enter into material contracts impacting the strategy of the corporation or its role in the community; or (vii) materially adjust executive officer compensation.”

“The form 990 is reviewed in detail by the ceo & cfo, and the finance committee of the united way of salt lake board. A copy of the form 990 is then given to the full board of directors for their review and approval.”

“Any potential conflicts of interest are reviewed by the ethics officer, who is the chair of the governance and ethics committee, the governance and ethics committee itself, and by the full board. Any potential issues are pursued and resolved.”

“Uwsl's executive compensation committee is comprised of the officers of the board and sets the compensation for the senior management team. Uwsl uses payscale to maintain an ongoing data set of comparable salary information and establishes pay grades and ranges for each position in the organization. The executive compensation committee uses that data, as well as compensation studies from united way worldwide and others, to determine recommended compensation levels. Recommendations of the executive compensation committee are reviewed and approved by the executive committee.”

“Uwsl makes its governing documents, conflict of interest policy and financial statements available to the public on the homepage of its website.”