Maui Economic Opportunity Inc

“Form 990 will be completed annually after the audit is completed. The return will be reviewed by the finance committee prior to providing it to the board members. After resolving any questions or updates, the form will be presented to the board members to approve for filing with the irs.”

“Board members disclose annually any possible conflicts of interest by completing a "conflict of interest policy" statement. The policy is discussed at the annual board training for new & returning board members.”

“It is meo's policy to pay employees in accordance with established salary ranges and based on their skill, performance and experience in the labor market. We monitor pay rates of non-profits and strive to provide competitive pay rates for our employees. In accordance with meo's strategic plan, we conduct a formal wage study on a bi-annual basis. The last study was conducted in july 2022. Ceo's compensation is based on what other non profit directors are paid in the state. The wage data is published annually in the pacific business news. Information listed in the publication is based on the previous year's earnings. It lists the name of the organization, mission or purpose, the name of the top executive, the organization's operating budget, total number of employees and the executive's annual salary. Once data is collected it is given to the executive committee of the board of directors, which includes the board president, vice president, secretary, treasurer and six other members. This committee evaluates the ceo and utilizes the wage study information to make a salary recommendation to the full board. The full board must approve the ceo's salary rates. Other staff salaries are established based on wage studies comparing similar type of positions and responsibilities. Final approval for staff salary ranges (other than the ceo's) must be approved by the ceo. The process for the ceo compensation is documented in the board of directors manual and minutes when an adjustment is approved. All other staff compensation determination process is documented as a general overview in the meo employee handbook, personnel memo, and human resources procedures. Salary ranges are established and maintained by human resources and documented on an approved salary range schedule.”

“All documents are available to the public at the organization's main office located at 99 mahalani street, wailuku, hi 96793. Information stating that the documents are available at the main office location is on the organization's website at www.meoinc.org. Information is also available on guidestar.”

“The mission of meo is to strengthen the community while helping people in need restore their hope, reach their potential and enrich their lives.”

“Other professional services: program service expenses 6,932,278. Management and general expenses 180,514. Fundraising expenses 0. Total expenses 7,112,792.”

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