Return Reference | Explanation |
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Form 990, Part VI, Section B, line 11b | The Form 990 is reviewed by the Audit Committee and any key findings are presented to the Board. A copy of the return is distributed to all Board members prior to filing. |
Form 990, Part VI, Section B, line 12c | The organization reviews it's conflict of interest policy annually with all Board members and staff. Board members and officers are required to sign a conflict of interest policy annually. The organization has current and up-to-date signed forms for all Board members and officers. The Executive Director is responsible for ensuring all Board members comply with the policy. All conflicts are brought to the attention of the Chairman of the Board for appropriate processing. |
Form 990, Part VI, Section B, line 15 | The Board Finance Committee, acting as the Compensation Committee, reviews the compensation of the CEO on an annual basis. The committee uses comparable data from the Center for Nonprofit Management and other resources to determine the compensation. The committee prepares a recomendation for increase or decrease in compensation, which is then presented to the executive committee for approval independently, without the participation of interested persons. The CEO and the finance committee determine the compensation of the COO & CFO based on the compensation of comparible positions in the Los Angeles market. |
Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
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