World Affairs Council Of

“The organization is a membership organization. The members elect the trustees and attend an annual membership meeting which coincides with a board meeting. All governance decisions are made by the board of trustee in accordance with the organization's bylaws.”

“The organization has members who elect the trustees. The members cannot appoint trustees.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management and its audit committee. This group of individuals discusses the contents of the return with the outside tax professional as needed. After a full review (with modifications where necessary), the complete 990 is provided to all members of the organization's board of trustees prior to its filing with the department of treasury.”

“All personnel and board members are required to disclose potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts are discussed openly and resolved in accordance with the organization's policies and procedures.”

“Compensation data for the ceos and highest paid employees of several like kind organizations was obtained from publicly available tax returns and from a third party compensation survey conducted on northern california non-profits. The chair of the personnel committee has reviewed this information and recommended to the chairman of the board that the compensation levels were appropriate for the positions held.”

“Form 1023 and annual form 990 are available upon request from the organization's general office.”

“All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public at the organization's office in san francisco, california.”

“Other professional fees: program service expenses 51,797. Management and general expenses 7,159. Fundraising expenses 16,527. Total expenses 75,483. Consultants/contractors: program service expenses 180,055. Management and general expenses 24,885. Fundraising expenses 57,453. Total expenses 262,393.”

“The organization did not change its oversight process or selection process during the tax year.”