Alzheimer'S Family Services Center

“Form 990 is presented to the audit committee and they review and approve the return in their meeting, and provide a copy to the full board for information purposes only.”

“Each member of the board of directors upon appointment to the board and annually thereafter, review the organization's board of directors conflict of interest policy and file a statement disclosing to the organization any matter which would constitute such a director as an interested director. Where no conflict is forseen, the director shall so state his/her statement. When an avoidable conflict of interest exists or arises on the part of the interested director, he/she shall resolve the conflict by declaring formally any interest he/she or his/her family might have in the matter. After disclosure of the conflict along with all material facts and any discussion with the interested director, the board will vote to determine if the proposed transaction of arrangement presents a conflict of interest. In the event the board determines the proposed transaction or arrangement presents a conflict of interest, the board shall take the following actions: (a) an interested director may make a presentation at the board meeting, after which the board will vote and determine if the transaction/arrangement presents a conflict of interest. (b) the chair of the board, if appropriate, shall appoint a disinterested person or committee to investigate an alternative to the proposed transaction or arrangement. (c) after exercising due diligence, the board shall determine whether the organization can obtain within reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (d) if a more advantageous transaction for the arranagement is not reasonably possible under the circumstances, the board shall determine by a majority vote if the disinterested directors transaction or arrangement is in the organizations best interest and whether it is fair and reasonable. The board shall make its decision as to whether to enter into the transaction or arrangement in conformity with the determination and appropriately disclose the conflict of interest.”

“On an annual basis the audit committee of the board of directors receives information from the cfo regarding the salary ranges for all staff of the organization. The cfo reviews the existing salary ranges previously approved by the audit committee and compare against data regarding similar organizations in size (number of staff budget size), geographic location, type of service provided, and number of staff supervised by a position, if applicable. This data comes from vaious sources including the center of nonprofit management's annual salary/benefit review, abbott-langer nonprofit organization salary/benefit review, and salary.com. If the salaries and/or benefits are not comparable to similar organizations, the cfo brings these discrepencies to the audit committee's attention. The committee does not see individual salaries but does set salary ranges based on the information provided by the cfo with the back-up provided by the materials utilized for review. The deliberations and decisions on salaries are included in the minutes of the meeting. The ceo uses the salary increase poll approved by the board of directors for the annual reviews of the operating officer and department directors.”

“The organization's governing documents, conflict of interest policy & financial statements are available to the public upon request.”

“SIMILAR TO PRIOR YEAR”