Hawaii Meals on Wheels Inc

“The draft 990 is first presented to the finance committee, who will review and recommend their approval to the full board of directors. The board of directors will review the 990 and its finance committee's recommendation and give their approval. Once they approve, the draft 990 can be finalized and submitted to the irs.”

“An "interested person" may be (a) any person who was during the previous 5 years in a position of substantial influence over the affairs of the corporation, (b) a member of the family of such person, or (c) an entity in which individuals described in the preceding categories have more than a 35% interest. A person is in a position of "substantial influence" if the person (a) is a member of the board of directors, (b) has ultimate responsibility for implementing the decisions of the board, for supervising the management, administration, or operation of the corporation, or for managing the finances of the corporation (for example, the president, executive director or treasurer), or (c) has substantial influence over the affairs of the corporation under the facts and circumstances. The corporation's authorized body to review actual or possible conflicts of interest shall be the board of directors or a committee of the board (composed solely of directors). The members of the board or committee, as the case may be, shall not have any conflict of interest with the transaction or arrangement at issue. After disclosure of the interest or becoming aware of the material facts, the board or committee members, without the presence of any interested person, shall decide if a conflict of interest exists. If a conflict of interest exists, the transaction shall be addressed as follows: (1) the interested person, if any, may make a presentation at the board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement so that the board or committee has information sufficient to determine the reasonableness or fairness of the transaction or arrangement. (2) after exercising due diligence, the board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person that would not give rise to a conflict of interest. (3) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable, and make a decision as to whether to enter into the transaction or arrangement.”

“Executive and director compensation is discussed at the board of directors level with the consultation of hawaii employers council and using the "professional, administrative & management survey and the "nonprofit organization salary survey". We, along with many industry partners, participate in both surveys each year. The review process for salaries is done each year in consultation with our board member who is an expert in human resources.”

“Hmow's governing documents, conflict of interest policy, form 990 tax return, and financial statements are available to the public upon request. Their financial statements and tax return are also available on the guidestar website.”

“Change in beneficial interest held by others 6,610.”

“The process has not changed from the previous year.”