Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 5, Part V, Line 2a, & Part IX, Lines 7-10: | Most salary payments go to non-United States citizens, who are exempt from W-2/W-3 requirements. All United States citizen staff are compensated by a related organization, Food for the Hungry Inc. Food for the Hungry Inc. files all required payroll information returns as required by the IRS. As such, due to common paymaster rules as instructed by the IRS, the number of employees reported represent the number of U.S. employees who work for the filing organization but are compensated by a related organization. The amounts included in 990, Part IX, Lines 7-10 include the salaries and wages for both U.S. and foreign individuals. |
| Form 990, Part VI, Section A, line 1 | The Executive Committee of the board is comprised of two persons reflecting different constituencies of the whole board. All persons on the Executive Committee are members of the full board. No staff members are members of the Executive Committee. The Executive Committee may exercise the full authority of the board except for actions requiring a majority vote by the full board under California law, actions concerning board or committee membership, changes to the governing documents, any approval of self-dealing transactions, or changes to compensation of top staff or directors. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was prepared by an independent CPA firm and was reviewed in detail by the Chief Financial Officer and Director of Finance to verify accuracy. The 990 was then emailed to the board of directors prior to being filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy covers top management and members of the board of directors. Individuals are required to sign conflict of interest statements on an annual basis. The corporate secretary reviews the signed statements and monitors transactions for potential conflicts of interest. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. |
| Form 990, Part VI, Section B, line 15 | FH Association does not compensate officers directly. Compensation is paid by Food for the Hungry, Inc., a related organization listed in Schedule R. The board of directors for Food for the Hungry, Inc. is responsible for determining compensation for the organization's officers. When determining an appropriate level of compensation for a given position, the board works closely with the human resources department. Comparability data is collected on salary and benefits offered by similar-sized, like-minded non-profit organizations. This information is used to set a benchmark in determining appropriate compensation to offer. The compensation policy is used to set compensation when an officer is first hired, as well as any time their compensation package is subject to change. All compensation decisions are recorded in documentation held by the Human Resources department. The board approves salaries and benefits in total when it approves the annual budget at its September meeting. |
| Form 990, Part VI, Section C, line 19 | Food for the Hungry, Inc., a related organization of FH Association, posts FH Association's annual audits on its website at http://fh.org/about/finances. Copies of FH Assocation's tax returns, governing documents, and conflict of interest policy are available to the public upon request. |
| Form 990, Part XI, line 9: | Unrealized gain on foreign currency exchange -53,794. |
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