Berkeley Chess School

“Board members ELIZABETH SHAUGHNESSY and Stephen Shaughnessy are related as family members. Board members ELIZABETH SHAUGHNESSY, Stephen Shaughnessy and Roger Poehlmann receive compensation for work performed on behalf of the organization.”

“there are no board committees with such authority”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.”

“Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. 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.”

“Compensation of the organization's top management official (the Executive Director) is set and reviewed periodically by the Board. In doing so, the Board makes efforts to secure compensation data from industry sources in order to determine competitiveness and appropriateness. Decisions are documented in Board Minutes and personnel files as appropriate.”

“The organization does not have any key employees and does not compensate any person other than the executive director for their service as an officer. As noted above, two individuals who serve as officers of the organization also perform other work for the organization. Those two individuals are compensated for their other work, but they do not receive compensation for their work as officers. Those two individuals' compensation for their other work is set and reviewed periodically by members of management, and is consistent with compensation paid to others who perform work for the organization, but are not officers. Efforts are made to secure compensation data from industry sources and other sources in order to determine competitiveness and appropriateness of compensation.”

“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. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.”