SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
YWCA METROPOLITAN CHICAGO
 
Employer identification number

36-2179765
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 6 MEMBERS - ANYONE AT LEAST SIX (6) YEARS OF AGE MAY JOIN THE ASSOCIATION. ANYONE CONTRIBUTING $1 OR MORE IN CASH OR SECURITIES ANNUALLY, OR SIGNING AN ANNUAL PLEDGE TO SUPPORT THE MISSION OF THE ASSOCIATION, SHALL BE A MEMBER OF THE ASSOCIATION. VOTING - IN ANY PROCEEDING IN WHICH VOTING BY MEMBERS IS CALLED FOR, EACH MEMBER TWELVE (12) YEARS OF AGE OR OLDER, IN GOOD STANDING, SHALL BE ENTITLED TO CAST ONE (1) VOTE. THE VOTING MEMBERS, ACTING IN ACCORDANCE WITH PROVISIONS IN THE BYLAWS, SHALL BE RESPONSIBLE FOR: (A) ELECTING A BOARD OF DIRECTORS TO WHOM THEY DELEGATE RESPONSIBILITY FOR THE DIRECTION OF THE ASSOCIATION; AND (B) VOTING ON MATTERS REQUIRING A MEMBER VOTE, AS DETERMINED BY THE BOARD OF DIRECTORS. NEW MEMBERS OF THE BOARD ARE ELECTED ANNUALLY BY VOTING MEMBERS FROM CANDIDATES RECOMMENDED BY THE NOMINATING COMMITTEE OF THE BOARD. EACH DIRECTOR'S TERM OF OFFICE WILL BE TWO YEARS. DIRECTOR MAY SERVE NO MORE THAN FOUR (4) FULL TERMS IN SUCCESSION.
FORM 990, PART VI, SECTION A, LINE 7A SEE RESPONSE TO PART VI, QUESTION 6
FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ELECT THE BOARD AND VOTE ON CHANGES TO THE BYLAWS. SEE RESPONSE TO PART VI, QUESTION 6.
FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEW OF FORM 990 - THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. A COPY OF THE 990 WILL BE PROVIDED TO THE AUDIT COMMITTEE PRIOR TO FILING. THE BOARD WILL BE PROVIDED A COPY OF THE FILING AFTER THE DUE DATE OF MAY 15, 2023. THEY WILL BE GIVEN A REASONABLE AMOUNT OF TIME TO REVIEW AND ASK ANY QUESTIONS TO MANAGEMENT WHO CAN CONTACT THE CPA FIRM IF NECESSARY.
FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. POTENTIAL CONFLICTS ARE LOGGED WITH AND MONITORED BY THE CHIEF FINANCIAL OFFICER AND AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15 CEO/EXECUTIVE DIRECTOR COMPENSATION - THE PRESIDENT OF THE BOARD OF DIRECTORS APPOINTS A SEARCH COMMITTEE TO FILL A VACANCY IN THE CHIEF EXECUTIVE OFFICER POSITION. THIS COMMITTEE ENSURES APPROPRIATE COMPENSATION BY REVIEWING MARKET STANDARDS FOR COMPARABLE SIZE AGENCIES BEFORE HIRING THE CEO, WHICH WILL BE COMMENSURATE WITH EXPERIENCE AND BACKGROUND. AFTER THE CEO IS HIRED, THE PRESIDENT APPOINTS A COMPENSATION COMMITTEE TO CONDUCT THE ANNUAL PERFORMANCE REVIEW OF THE CHIEF EXECUTIVE OFFICER AND DETERMINE APPROPRIATE COMPENSATION. THE ANNUAL PERFORMANCE REVIEW INCLUDES PERFORMANCE OBJECTIVES ON QUANTITATIVE AND QUALITATIVE METRICS. IF THESE MEASURES ARE NOT ACHIEVED THE CEO COMPENSATION COULD BE AFFECTED. THE CHIEF HUMAN RESOURCES OFFICER IS RESPONSIBLE FOR THE DEVELOPMENT AND ADMINISTRATION OF SALARY GRADES AND SALARY STANDARDS BASED ON JOB ANALYSIS, JOB EVALUATIONS, PAY STRUCTURES, SALARY SURVEYS, GOVERNMENT REGULATIONS, MARKET ANALYSIS AND INTERNAL POLICIES TO ENSURE THE EXISTENCE OF A FAIR AND EQUITABLE COMPENSATION SYSTEM. ANNUAL REVIEW OF THE COMPENSATION SYSTEM AND ANNUAL EMPLOYEE SALARY REVIEWS ENSURE ADJUSTMENTS REFLECTIVE OF CHANGES IN RESPONSIBILITIES AND/OR THE MARKETPLACE.
FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE OF DOCUMENTS - GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 3B THE ORGANIZATION'S SINGLE AUDIT IS IN PROCESS AND WILL BE COMPLETED AFTER THE FORM 990 IS FILED.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


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