FORM 990, PART VI, SECTION A, LINE 2 |
CARLOS GRAUPERA, THE PRESIDENT, AND ROSA GRAUPERA, THE CHIEF FINANCIAL OFFICER FOR THE ORGANIZATION, HAVE A FAMILY RELATIONSHIP. ROSA REPORTS DIRECTLY TO THE BOARD TREASURER AND CARLOS REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD. |
FORM 990, PART VI, SECTION A, LINE 3 |
THE SPANISH AMERICAN CIVIC ASSOCIATION FOR EQUALITY, INC. (SACA) PROVIDES MANAGEMENT SERVICES TO THE FILING ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 7A |
THE BOARD OF SACA DEVELOPMENT CORPORATION'S PARENT COMPANY, THE SPANISH AMERICAN CIVIC ASSOCIATION FOR EQUALITY, INC., MUST APPROVE ALL NEW BOARD MEMBERS. |
FORM 990, PART VI, SECTION B, LINE 11B |
MANAGEMENT PERFORMS AN INITIAL REVIEW OF THE RETURN. ONCE APPROVED, THE FINAL FORM 990 IS SENT OUT TO ALL BOARD MEMBERS WITH A REQUEST TO SUBMIT ANY QUESTIONS OR COMMENTS. UPON COMPLETION OF BOARD REVIEW, THE RETURN IS THEN SUBMITTED TO THE IRS. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS INCLUDED AS PART OF THE EMPLOYEE HANDBOOK. THE POLICY DICTATES NO BOARD MEMBERS OR EMPLOYEES MAY BE INVOLVED IN A TRANSACTION IN WHICH THEY HAVE A SUBSTANTIAL INTEREST. THE ORGANIZATION IS CURRENTLY IN THE PROCESS OF UPDATING ITS CONFLICT OF INTEREST POLICY WHICH WILL INCLUDE HAVING OFFICERS AND KEY EMPLOYEES SIGN AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. ALL OFFICERS AND KEY EMPLOYEES ARE CURRENTLY REQUIRED TO NOTIFY THE BOARD OF DIRECTORS OF ANY FAMILY OR BUSINESS RELATIONSHIPS. THE BOARD ACTS AS A WHOLE IN MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE BOARD OF DIRECTORS EVALUATES AND SETS COMPENSATION FOR THE CEO AND CFO. EVERY FOUR TO FIVE YEARS THE BOARD WILL BENCHMARK THE CEO'S SALARY AGAINST OTHER, SIMILAR NON-PROFIT ORGANIZATIONS TO CONFIRM THE SALARY IS WITHIN FAIR MARKET VALUE RANGE. DISCUSSIONS ON COMPENSATION ARE HELD IN CLOSED SESSION. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |