| Form 990, Part VI, Section B, line 11b |
Tax return is reviewed with the finance committee and then sent to each member of the Board of Directors for their review prior to signing and filing the return with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c |
The conflict of interest statement along with a detailed questionnaire is sent to all board members and senior staff to complete. The CEO reviews the completed questionnaires and makes a report to the executive committee from his findings. For situations which arise in which the Board may wish to contract or enter into an arrangement for goods or services under circumstances that may present a conflict of interest affecting one or more of its members, the affected member(s) of the Board agree(s) to provide full information to the Board or its Executive Committee to allow the Board or its Executive Committee to approve by resolution (with the affected member abstaining) such contract or arrangement provided it is advantageous to do so. |
| Form 990, Part VI, Section B, line 15 |
Compensation process for top official: 1. HR Director provides comparative data to the review committee from the Metro South Compensation Survey, as well as average increase percentages for other key personnel. The review committee is comprised of the current Board Chair, the past Board Chair and the upcoming Board Chair. The informaiton provided will include, but may not be limited to average increase percentages for Management Council in the most recent 12 month period, CEO salary history and a copy of the Metro South Group Compensation Study. 2. The CEO prepares a self-evaluation for the review committee that provides narrative and evidentiary progress toward goals established for the year. 3. The review committee seeks input from the Metro Board and key staff members concerning CEO performance over the previous year. 4. The review committee meets to discuss the performance evaluation and arrive at a salary increase recommendation. 5. The review committee evaluates the proposed salary increase against the data from the compensation survey to ensure that CEO compensation does not qualify as an excess benefit under Intermediate Sanction Rules. 6. The review committee meets with the CEO to go over the performance evaluation and salary recommendation, and to establish performance goals for the upcoming year. 7. The review committee presents their report and recommendation to the Executive Committee for approval. 8. The Board Chair provides documentation of the approved salary increase to the HR Director to update the salary for payroll purposes. Compensation process for officers: 1. The CEO requests a self-evaluation from each individual to assess progress toward goals for the review year. 2. Referring to the self-evaluation and other data available, the CEO prepares the performance evaluation document. 3. The CEO reviews the Metro South Compensation survey, internal increase percentages and the Hay plan range for the position to arrive at an appropriate salary increase that will not qualify as an excess benefit under Intermediate Sanction rules. 4. The CEO meets with the employee to go over the performance evaluation, and salary increase, and to establish performance goals for the upcoming year. 5. The CEO provides increase information and documentation to the HR Director to update the salary for payroll purposes. |
| Form 990, Part VI, Section C, line 19 |
All governing documents are made available to the public upon request. |
| Form 990, Part VII, Column B: |
A few of the board members for the YMCA of Greensboro also sit on the board for the YMCA Endowment fund. The board for the Endowment meets for a mimimum of 1x annually for a board meeting. At the meeting the board determines the spending rate for the endowment earnings and also discusses any other issues related to the endowment. During the year, the YMCA investment committee reviews and manages the assets of the endowment. |
| Form 990, Part XI, line 9: |
Change in fair value of interest swap agreement 73,128. Adjustments |
Attach to Form 990 or 990-EZ.