Melwood Community Services Inc

“The form 990 is prepared by the organization's independent accounting firm. The form 990 is first reviewed by the senior management of the organization. The form 990 is then presented by the organization's cfo to the organization's board of directors prior to filing with the i.r.s.”

“A policy on conflicts of interest is included in the employee manual. Employees must sign off on the orientation checklist that they received the employee manual. There is an annual review in which the officers, trustees and directors complete a questionnaire on conflict of interest and sign a statement. Upon disclosure of a financial interest that may constitute a conflict of interest, the board (after consultation with legal counsel and without participation of the interested party) shall determine whether a conflict of interest exists and investigate alternatives to the proposed arrangement or transaction. Whenever there is reason to believe that an actual or potential conflict of interest exists between melwood and a covered person, the board of directors shall determine the appropriate organizational response. This shall include, but not necessarily be limited to, invoking the procedures below with respect to a specific proposed transaction. The disclosure statement shall be provided to the corporate secretary and the corporate counsel. Violation of conflict of interest policy: if the board of directors has reason to believe that a covered person has failed to disclose an actual or potential conflict of interest, it shall inform the person of the basis for such belief and afford the covered person an opportunity to explain the alleged failure to disclose. If, after hearing the covered person's response and making further investigation as warranted by the circumstances, the board determines that the covered person has failed to disclose an actual or possible conflict of interest and the covered person is a director of the board or the president/ceo, the board shall take appropriate disciplinary and corrective action. If the covered person is someone other than a director of the board or the president/ceo, the board shall refer the matter to the president/ceo.”

“Ceo compensation is subject to the approval of the board. Officers and key employees compensation is determined by a comparability data study performed by human resources. Contemporaneous substantiation of the deliberation and decision was documented.”

“The organization sends financials to agencies and states upon request. Policies can be reviewed upon request. These documents are available for request for the same period of disclosure as set forth in section 6104(d).”

“Net assets transfers from melwood horticultural training center 891,402.”