Central American Resource Center Carecen of Northern California

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management and a member of the board of directors. This group of individuals then discusses the contents of the return with the outside tax professional. After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body on their request. A board member and officer signs and mails the return to the department of the treasury.”

“The board of directors reviews all potential conflicts of interest at least annually. 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 (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“The board of directors reviews the compensation of all high-level personnel annually in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

“All of the organization's forms 1024 and 990 are maintained in a secure environment and held available for inspection by tax authorities and the general public.”

“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.”

“Professional fees - contract services: program service expenses 137,378. Management and general expenses 8,603. Fundraising expenses 17,001. Total expenses 162,982. Subcontractors: program service expenses 3,951,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,951,379.”