Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, line 8a | MINUTES ARE MAINTAINED JOINTLY WITH COMMUNITY CAPITAL CORPORATION, THE PARENT COMPANY. |
| Form 990, Part VI, Section A, line 8b | THERE WERE NO COMMITTEES. |
| Form 990, Part VI, Section B, line 11 | THE ORGANIZATION DISCLOSED AND SENT THE DRAFT TO THE BOARD FOR THEIR REVIEW. FORM 990 WAS THEN SUBMITTED IN FINAL FORM TO THE IRS. |
| Form 990, Part VI, Section B, line 12c | THE BOARD RECEIVES ON AN ANNUAL BASIS A CONFLICT OF INTEREST QUESTIONNAIRE. MEMBERS ARE REQUIRED TO SIGN AND DISCLOSE ANY CONFLICTS OF INTEREST THAT THEY BECOME AWARE. |
| Form 990, Part VI, Section B, line 15 | THE SALARY OF THE CEO IS DETERMINED BY REVIEWING SALARY DATA PRODUCED BY AN INDEPENDENT CONSULTANT. THIS INCLUDES REVIEW OF SURVEY DATA FOR CHARTER SCHOOLS OF SIMILAR SIZE/COMPLEXITY, OTHER NOT FOR PROFITS AND OTHER COMPARABLE AGENCIES. THE EXECUTIVE COMMITTEE ESTABLISHES THE COMPENSATION OF THE CEO WHICH IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD AND DOCUMENTED IN THE MINUTES BY A SIGNED AFFIDAVIT. SALARIES OF THE OTHER OFFICERS WERE ALSO DETERMINED AS PART OF A STUDY CONDUCTED BY AN INDEPENDENT CONSULTANT, AND THEREON ANNUAL SALARY INCREASES WERE PERFORMED ACROSS THE BOARD FOR ALL EMPLOYEES. SALARIES OF OTHER OFFICERS WERE APPROVED BY THE CEO AND THE SALARY EXPENSE WAS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET PROCESS. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORM 990 IS AVAILABLE AT GUIDESTAR. |
| FORM 990, PART XII, LINE 2C | THE EXECUTIVE COMMITTEE OF COMMUNITY CAPITAL CORPORATION, THE PARENT COMPANY, OVERSEES THE REVIEW AND SELECTION OF THE FIRM THAT PERFORMS THE AUDIT. |
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