Project Restore

“Form 990 is prepared by our outside accountant. Following the completion of a draft of a draft of form 990, the outside accountant meets with the executive committee to review the form 990 to assure that all representations and answers to issues, comments and questions are accurate. The revised draft of form 990 is then circularized to all board members for their comments and corrections, as applicable. Final revisions, as appropriate, are then made to the form 990 prior to filing with each taxing authority.”

“At each board and committee meeting prior to voting on any issue, board/committee members are asked to identify any conflict of interest in existence with regard to the item being voted on and to abstain from voting where a conflict of interest exists.”

“The organization's executive committee (subcommittee of board of directors) sets compensation for the president. The committee performs an annual review of the performance of the president. The committee also gathers input for setting the president's compensation from local nonprofit compensation surveys, from form 990s of similar organizations in their service area, and from compensation information received from member industry associations. The deliberation and decision regarding the president's compensation is contemporaneously documented in the minutes of the committee and approved by the full board of directors. The president is responsible for setting the compensation of other employees through salary information received from similar sources as used in setting the president's compensation. The employee compensation decision is documented ithe applicable employee's payroll file.”

“The organization's governing documents, conflict of interest policy, and audited financial statements are available upon request.”