FORM 990, PAGE 6, PART VI, LINE 2 |
JAMES GREELEY NANCY GREELEY DEV. DIR. PRESIDENT MARRIED |
FORM 990, PAGE 6, PART VI, LINE 11B |
PRIOR TO THE ANNUAL AUDIT THE FINANCE COMMITTEE REVIEWS THE END-OF-YEAR PROFIT AND LOSS AND BALANCE SHEETS AND PRESENTS THEM TO THE BOARD OF DIRECTORS FOR REVIEW, TOGETHER WITH A PROPOSED BUDGET FOR THE FOLLOWING YEAR (ACCOMPLISHED AT NOVEMBER BOARD MEETING AND REVIEWED AGAIN IN DECEMBER). AFTER THE AUDIT, THE EXECUTIVE DIRECTOR BRINGS ANY PROPOSED BUDGET CHANGES TO THE FINANCE COMMITTEE AND THE BOARD REVIEWS AND AGAIN APPROVES THE BUDGET WITH ANY CHANGES. WHEN THE DRAFT FINANCIALS ARE RECEIVED, THE EXECUTIVE DIRECTOR SHARES THE DRAFT FORM 990 AND FINANCIAL STATEMENTS WITH THE FINANCE COMMITTEE AND THE BOARD FOR APPROVAL PRIOR TO FILING. ANY QUESTIONS ARE BROUGHT TO THE AUDITOR BY THE EXECUTIVE DIRECTOR FOR CLARIFICATION OR QUESTION, AND/OR THE AUDITOR ATTENDS A MEETING OF THE FINANCE COMMITTEE AND/OR THE BOARD TO ANSWER ANY QUESTIONS OR CLARIFY ANY ISSUES. |
FORM 990, PAGE 6, PART VI, LINE 12C |
CHALLENGE UNLIMITED HAS A CONFLICT OF INTEREST POLICY. IT IS INCLUDED IN THE POLICIES AND PROCEDURES HANDBOOK GIVEN TO ALL EMPLOYEES UPON HIRE, AS WELL AS TO ALL BOARD MEMBERS AND VOLUNTEERS, AND WE REQUIRE A WRITTEN ACKNOWLEDGEMENT THAT THE POLICY HAS BEEN RECEIVED, READ AND UNDERSTOOD AND THAT THE PARTY AGREES TO ABIDE BY THE POLICY. MONITORING IS AN ONGOING PROCESS. FULL TIME STAFF MEET WEEKLY TO GO OVER ISSUES AND THE BOARD GOVERNANCE COMMITTEE MEETS REGULARLY AND REPORTS TO THE BOARD. |
FORM 990, PAGE 6, PART VI, LINE 15A |
THE BOARD REVIEWS THE COMPENSATION AND SALARY PACKAGE OF THE EXECUTIVE DIRECTOR ANNUALLY. NO INDEPENDENT PARTIES ARE BROUGHT IN FOR REVIEW OF THIS DATA, ALTHOUGH SOMETIMES OPINIONS AND STATISTICS ARE SOUGHT BY MEMBERS OF THE GOVERNANCE COMMITTEE AS PART OF THE PROCESS. |
FORM 990, PAGE 6, PART VI, LINE 15B |
SALARIES AND WAGES FOR EMPLOYEES OTHER THAN THE EXECUTIVE DIRECTOR ARE DETERMINED AND APPROVED BY THE BOARD THROUGH THE BUDGETING PROCESS. |
FORM 990, PAGE 6, PART VI, LINE 19 |
THE ORGANIZATION'S FORMS 990 AND 1023 ARE AVAILABLE ON THE ORGANIZATION'S WEB SITE, ON GUIDESTAR AND UPON REQUEST AT THE ORGANIZATION'S OFFICE. THE CONFLICT OF INTEREST POLICY IS IN ALL OUR POLICIES AND PROCEDURES BINDERS KEPT IN OUR MAIN OFFICE, GIVEN TO ALL EMPLOYEES AND VOLUNTEERS AND IS AVAILABLE TO ANYONE UPON REQUEST. |
FORM 990, PART XI, LINE 9 |
CHANGE IN NAV OF AGENCY ENDOWMENT -12,866 |