Alliance on Aging Inc

“The executive committee shall be composed of the president, first vice-president, second vice-president, secretary and treasurer, and one or more directors of the organization appointed by the president. The executive committee shall have such powers as may be delegated to it by the board of directors of the organization.”

“Line 11b explanation - the alliance on aging, inc. Engages a cpa firm to assist with preparation and filing of the form 990, based on audit engagement performed by the same cpa firm. Once the cpa has completed a draft of the form 990, a copy will be sent to the board of directors for review before the tax return is filed.”

“The conflict of interest policy is directed not only to directors and officers, but to all employees who can influence the actions of the alliance on aging. For example, this would include all who make purchasing decisions, all persons who might be described as "management personnel, and anyone who has proprietary information concerning alliance on aging. Conflicts of interest may arise in the relations of directors, officers, and management employees with any of the following third parties: 1. Persons and firms supplying goods and services to alliance on aging. 2. Persons and firms from whom alliance on aging leases property and equipment. 3. Persons and firms with whom alliance on aging is dealing or planning to deal in connection with the gift, puchase or sale of real estate, securities, or other property. 4. Competing or affinity organizations. 5. Donors and others supporting the alliance on aging. 6. Agencies, organizations, and associations which affect the operations of the alliance on aging. 7. Family members, friends, and other employees. A conflicting interest may be defined as an interest, direct or indirect, with any persons or firms previously mentioned. Such an interest might arise through: 1. Owning stock or holding debt or other proprietary interests in any third party dealing with the alliance on aging. 2. Holding office, serving on the board, participating in management, or being otherwise employed (or formerly employed) with any third party dealing with the alliance on aging. 3. Receiving remuneration for services with respect to individual transactions involving the alliance on aging. 4. Using alliance on aging's time, personnel, equipment, supplies, or goodwill for other than alliance on aging-approved activities, programs, and purposes. 5. Receiving personal gifts or loans fom third parties dealing or competing with the alliance on aging. Receipt of any gift is disapproved except gifts of a value less than $50, which could not be refused without discourtesy. No personal gift of money should ever be accepted. The areas of conflicting interest previously listed are not exhaustive. It is assumed that the directors, officers, and management employees will recognize such areas and relation by analogy. Management employees will recognize such areas and relation by analogy. The fact that one of the interests described above exists does not necessarily mean that a conflict exists, or that the conflict, if it exists, is material enough to be of practical importance, or if material, that upon full disclosure of all relevant facts and circumstances it is necessarily adverse to the interests of the alliance on aging. However, it is the policy of the board that the existence of any of the interests described previously shall be disclosed before any transaction is consummated. It shall be the continuing responsibility of the board, officers, and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures. Disclosure in the organization should be made to the chief executive officer (or if she or he is the one with the conflict, then to the board chair), who shall bring the matter to the attention of the board. Disclosure involving directors should be made to the board chair, (or if she or he is the one with the conflict, then to the boad vice-chair) who shall bring these matters to the board. The board shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to the alliance on aging. The decision of the board on these matters will rest in their sole discretion, and their concern must be the welfare of the alliance on aging and the advancement of its purpose.”

“Governing docs, policies and financial statements are available to the public upon request.”

“Outside services: program service expenses 59,499. Management and general expenses 47,287. Fundraising expenses 35,995. Total expenses 142,781. Consulting: program service expenses 200,988. Management and general expenses 0. Fundraising expenses 3,500. Total expenses 204,488.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”