Return Reference | Explanation |
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Form 990, Part VI, Line 11b: Form 990 Review Process | The finance committee reviews and approves the Form 990 prior to providing a copy of the return to the board and filing with the IRS. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Annually, key employees and board members complete conflict of interest disclosure. The employees and board members are asked to sign the conflict of interest form at time of hire or appointment to the board and to disclose any conflicts at that time. Additionally, there are discussions throughout the year with key employees especially when new contracts or major purchases are made regarding any potential conflict. Also, the Board Chair will ask board members to disclose conflicts when action is required by the governing body before deliberations and decisions about transactions are required. If a board member discloses a conflict he/she must abstain from deliberations and voting on the matter in conflict. Conflict disclosures are documented in the minutes as well as the members who abstained from voting. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The organization adopted a compensation policy which applies to the following persons (if applicable) employed by the organization: the organization's chief employed executive (CEO, ED, or top management official), other Officers or Key Employees of the Organization by title: Chair, Vice Chair, Treasurer, Assistant Treasurer, Secretary, Assistant Secretary and board members. The process includes all of the following elements: 1. Review and approval. The compensation of the person is reviewed and approved by the board of directors or executive committee of the organization, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval.2. Use of data as to comparable compensation. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations.3. Contemporaneous documentation and record keeping. There is contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation arrangement. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Fort Bend Seniors has a formal policy on the process of determining compensation for officers and key employees. This includes review and approval by the board of directors, use of comparable data, and contemporaneous documentation and record keeping. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | These documents are made available upon request and some are also available on our website. |
Software ID: | 18007218 |
Software Version: | 2018v3.1 |