Turf Community Improvement Association Inc

“Following an embezzlement incident involving an ex-staffer, the organization has strnegthened its internal control to properly safeguard its assets.dual signatures and authorizations are required for all disbursements.board chairman and treasurer review monthly bank statements and supervise the reconciliation of monthly transactions.the entire board now review financial and operating statements on a quarterly basis and/or more regularly, depending on facts and circumstances.”

“Ex-program and office manager diverted payroll tax funds for personal use in an eloborate embezzlement scheme. The staffer was terminated upon discovery of the theft. The board is exploring restitution options as well as evaluating referral to authorities for criminal prosecution.there is no discernible evidence that any other employee and/or an officer was involved in the fraudulent scheme. The board has stengthened its internal control to prevent future recurrence.”

“Draft copy was provided to the board or designated board member for review before filing.”

“Board members and staff are required to self-disclose any conflict of interest. In the case of self-disclosed conflict of interest and/or discovery of a potential and/or actual conflict of interest, such parties are required to recuse themselves from making decisions or voting on matters that will create financial benefits to the conflicted individual.annual certification is required and enforced.”

“As a relatively small nonprofit organization, the board generally designates a compensation committee to review and make recommendations regarding the reasonableness and adequacy of staff compensation.”

“Members of the public can request available governing documents or may visit the organization to review said documents.”