Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | SINCE THE ORGANIZATION HAS ONLY 3 DIRECTORS, THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD IS PROVIDED A COPY OF THE RETURN AND THE BOARD IS FREE TO RAISE ISSUES OR QUESTIONS, BUT THERE IS NOT A FORMAL BOARD REVIEW PROCESS. THE CONTROLLER AND FINANCE DIRECTOR REVIEW A DRAFT OF THE 990 AND APPROVE IT FOR FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | 1. ANY OFFICER, DIRECTOR, DEPARTMENT HEAD OR OTHER SENIOR MANAGEMENT WITH SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION MUST DISCLOSE TO THE ORGANIZATION ANY FINANCIAL INTEREST, DIRECT OR INDIRECT, THAT HE/SHE WOULD GAIN FROM ANY TRANSACTION, CONTRACT, OR POLICY THE ORGANIZATION IS CONSIDERING ENTERING INTO OR ADOPTING. 2. IN INSTANCES WHERE ANY OFFICER, DIRECTOR, OR INDIVIDUAL WITH SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION WOULD OBTAIN A DIRECT OR INDIRECT FINANCIAL INTEREST FROM A TRANSACTION OR CONTRACT ENTERED INTO WITH THE ORGANIZATION OR FROM A POLICY ADOPTED BY THE ORGANIZATION, THE FOLLOWING PROCEDURES SHALL APPLY: (A) A MEETING (EITHER IN PERSON OR VIA TELEPHONE) OF THE BOARD OF DIRECTORS OF THE ORGANIZATION SHALL BE CONVENED; (B) THE INTERESTED PERSON WILL RELATE THE NATURE OF THE PROPOSED TRANSACTION, CONTRACT, OR POLICY AND SHALL DISCLOSE HIS/HER FINANCIAL INTEREST TO THE BOARD, AND THEN SHALL ABSENT HIMSELF/HERSELF FROM THE MEETING; (C) THE BOARD SHALL UNDERTAKE CONSIDERATION AND DISCUSSION OF THE PROPOSED TRANSACTION, CONTRACT, OR POLICY IN THE ABSENCE OF THE INTERESTED PERSON; (D) THE BOARD SHALL OBTAIN DATA CONCERNING ALTERNATIVES TO ENTERING INTO SAID CONTRACT OR TRANSACTION, OR ADOPTING SAID POLICY AND COMPARE THE ALTERNATIVES TO THE PROPOSED TRANSACTION, CONTRACT OR POLICY; (E) THE BOARD SHALL VOTE TO APPROVE THE PROPOSED TRANSACTION, CONTRACT, OR POLICY ONLY AFTER HAVING ARRIVED AT A DETERMINATION THAT SUCH IS FAIR IN RELATION TO THE FEASIBLE ALTERNATIVES AND IS IN THE BEST INTERESTS OF THE ORGANIZATION; (F) ONLY A TWO-THIRDS (2/3) VOTE OF THE DISINTERESTED MEMBERS OF THE BOARD SHALL BE SUFFICIENT TO APPROVE SUCH AN INTERESTED TRANSACTION, CONTRACT, OR POLICY. THE INTERESTED PERSON SHALL NOT BE PRESENT FOR OR PARTICIPATE IN THE VOTE; (G) MINUTES SHALL BE PREPARED AND MAINTAINED CONCERNING THE BOARD'S REVIEW, DISCUSSION, AND VOTE REGARDING THE PROPOSED TRANSACTION, CONTRACT, OR POLICY. 3. THE ORGANIZATION SHALL MAINTAIN A LIST OF EVERY TRANSACTION, CONTRACT, OR POLICY FROM WHICH ANY OFFICER, DIRECTOR, OR INDIVIDUAL WHO EXERCISES SUBSTANTIAL INFLUENCE OVER THE CORPORATION GAINS ANY FINANCIAL BENEFIT, WHETHER DIRECT OR INDIRECT. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD WILL ESTABLISH A SPECIAL COMMITTEE (THE COMPENSATION COMMITTEE) TO SET THE TERMS OF ALL EXECUTIVE COMPENSATION ARRANGEMENTS. THE COMPENSATION COMMITTEE SHALL BE COMPRISED OF THE ORGANIZATION'S STATE DIRECTOR, OR IN THE ABSENCE THEREOF OR IN THE EVENT THE STATE DIRECTOR HAS A CONFLICT OF INTEREST, THE EXECUTIVE DIRECTOR OF THE ORGANIZATION'S NATIONAL AFFILIATE, AND SUSAN RAKOV, WHO HAS ACCESS TO AND KNOWLEDGE OF THE COMPENSATION ARRANGEMENTS FOR DOZENS OF SIMILARLY SITUATED NONPROFIT ORGANIZATIONS AROUND THE COUNTRY. THE BOARD MAY VOTE, AT ANY TIME, TO APPOINT ADDITIONAL MEMBERS TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE WILL ESTABLISH ACCEPTABLE COMPENSATION PACKAGES AFTER REVIEWING AT LEAST ONE OF THE FOLLOWING: (I) INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES; (II) CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; OR (III) ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION RANGE WILL BE ESTABLISHED IN ADVANCE OF PAYING COMPENSATION WHENEVER POSSIBLE, AND IN NO EVENT SHALL EXCEED $100,000 PER YEAR FOR A FULL-TIME EMPLOYEE POSITION UNLESS THE FULL BOARD OF DIRECTORS VOTES TO APPROVE SUCH AMOUNT AS REASONABLE. THE COMPENSATION COMMITTEE WILL DOCUMENT IN WRITING THE INFORMATION ON WHICH IT RELIES IN DECIDING UPON THE TERMS OF COMPENSATION ARRANGEMENTS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | PRIOR PERIOD ADJUSTMENTS: -25,376. |
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