The Center for Common Concerns Inc Homebase

“The organization's bylaws were amended in 2019. The following changes were made: - changed definition of quorum from "shall consist of three (3) directors" to "shall consist of a majority of the directors." - changed "meetings of the board of directors shall be presided over by the president" to "meetings of the board of directors shall be presided over by the chair" - deleted "decisions of the board shall be reached by consensus. Agenda items will remain open for discussion and dialogue until consensus is reached..." changed to "the board shall reach a decision by majority vote of its members present at the meeting." - added an "audit committee" under section 2. Types of committees”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by management, a member of the board of directors and the executive director. This group 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 board of directors. A representative of management signs and mails the return to the department of the treasury.”

“A committee of the board of directors reviews all potential conflicts of interest at least annually. All personnel and board members are required to disclose(in writing) potential conflicts and any related party affiliations loans between homebase and members of management and the board are strictly prohibited. Homebase seeks full transparency on all relationships any potential conflicts(in fact or appearance) are discussed openly and resolved in accordance with homebase policies and procedures.”

“The board approves aggregate salaries annually, reviews salary schedule of staff every 2 years and delegates to the executive director the annual review of the compensation of all high level personnel annually in accordance with the 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 hombase policies and procedures the salaries and submitted to hud for approval at least once a year on a labor category sheet.”

“Homebase maintains all of its governing documents, financial statements and other legal filings in a secure environment and held available for inspection by tax authorities and the general public.”