Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE PRESIDENT AND TREASURER. IT WAS THEN GIVEN TO ALL BOARD MEMBERS FOR REVIEW BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE CONFLICT OF INTEREST POLICY IS REVIEWED AND A STATEMENT OF COMPLIANCE IS SIGNED BY EACH BOARD MEMBER AND EMPLOYEE. WHEN A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON DISCLOSES THE CONFLICT AND ABSTAINS FROM THE DISCUSSION, VOTING, RESOLUTION OR ACTION(S) PROPOSED REGARDING THE MATTER. DISCLOSURES OCCUR PRIOR TO DISCUSSIONS AT ANY MEETING OF THE WRAP BOARD OR A BOARD COMMITTEE. ANY ABSTENTION FROM VOTING AND THE REASON GIVEN FOR IT IS RECORDED IN THE OFFICIAL MINUTES OF THE MEETING. A MAJORITY OF THE BOARD MEMBERS PRESENT AT ANY MEETING MAY DISQUALIFY AN EMPLOYEE (OR BOARD MEMBER) FROM DISCUSSION AND/OR VOTING ON ANY MATTER AS TO WHICH THEY DETERMINE A CONFLICT OF INTEREST EXISTS. AFTER FULL DISCLOSURE AND WITH DUE DELIBERATION, A MAJORITY OF THE DISINTERESTED DIRECTORS MAY APPROVE OR RATIFY A TRANSACTION WHICH INVOLVES A CONFLICT OF INTEREST WITH AN EMPLOYEE, PROVIDED THAT ADEQUATE AND REASONABLE INFORMATION CONFIRMS THE TRANSACTION IS IN THE BEST INTERESTS OF WRAP. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS (EXCLUDING THE PRESIDENT & CEO) REVIEWS THE FORM 990 OF OTHER ORGANIZATIONS AND THE SALARIES OF SIMILAR-SIZED AND MISSION-RELATED ORGANIZATIONS AS A GUIDE TO SETTING THE COMPENSATION OF THE PRESIDENT & CEO. THE COMPENSATION PROCESS IS DISCUSSED AND DOCUMENTED AND KEPT ON FILE BY THE CHAIR OF THE BOARD. THE LAST COMPENSATION REVIEW TOOK PLACE IN JANUARY 2021. THE PRESIDENT & CEO ALSO UTILIZES THE AFOREMENTIONED STEPS TO SET THE COMPENSATION OF THE OTHER OFFICERS AND MAKES A RECOMMENDATION TO THE BOARD. HOWEVER, THE BOARD IS RESPONSIBLE FOR APPROVING THE RECOMMENDATION BEFORE SALARIES ARE SET. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART VII, BOARD MEMBER COMPENSATION: | ALL BOARD MEMBERS RECEIVE TRAVEL REIMBURSEMENTS AND MEETING COMPENSATION FOR ATTENDING MEETINGS AND BOARD SERVICE. IN ADDITION, THE BOARD CHAIR RECEIVES COMPENSATION FOR SERVICES RENDERED AS BOARD CHAIR. |
| FORM 990, PART IX, LINE 11G | PROGRAM CONSULTING 69,113. INT'L AUDIT & TRAINING CONTRACTORS 476,662. TRANSLATION FEES 300. |
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