2011-02-10T08:28:57-06:00 2010-09-30 Warren Averett Kimbrough & Marino LLC 415 E 10th Street Anniston AL 36207 990 2009-10-01 630308398 COMMUNITY FOUNDATION OF NORTHEAST ALABAMA COMM 2562315160 PO BOX 1826 ANNISTON AL 362021826 Wayne Carmello-Harper 2562315160 2010-02-15 1 Rodney A Gibson 2562410560 2011-02-03 2009 2016-02-24 21:20:13Z WAYNE CARMELLO-HARPER 16339932 0 X yourcommunityfirst.org X 1999 AL TO WISELY ASSESS NEEDS AND CHANNEL DONOR RESOURCES TO MAXIMIZE COMMUNITY WELL BEING. 15 15 5 35 0 0 450514 3313478 0 -53408 1469030 650000 664020 1047106 5446528 727086 1065572 0 304414 350929 0 0 277693 276721 1309193 1693222 -262087 3753306 19663570 24611679 1519774 2027660 18143796 22584019 TO WISELY ASSESS NEEDS AND CHANNEL DONOR RESOURCES TO MAXIMIZE COMMUNITY WELL BEING 0 0 1443255 THE ORGANIZATION PROVIDED DIRECT SUPPORT TO QUALIFIED 501(C)(3) ORGANIZATIONS AND SCHOLARSHIP SUPPORT TO QUALIFIED EDUCATIONAL INSTITUTIONS LOCATED IN NORTH EAST ALABAMA SPECIFICALLY CALHOUN COUNTY. 1443255 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X COMMUNITY FOUNDATION OF NORTHEAST A 2562315160 1130 QUINTARD AVE SUITE 100 ANNISTON AL 36201 MRS GLENDA BARKER 1.00 X 0 0 0 Mr anthony cook 1.00 X 0 0 0 MRS ANNE CARRUTH 1.00 X 0 0 0 MR STEVEN FOLKS 1.00 X 0 0 0 DR JAMES MULLIS JR 1.00 X X 0 0 0 dr lewis c doggett 1.00 X 0 0 0 MRS CHERYL POTTS 1.00 X X 0 0 0 mrs judy gould 1.00 X X 0 0 0 MRS ESTA SPECTOR 1.00 X X 0 0 0 MR LEON GARRETT 1.00 X 0 0 0 MR JACK SWIFT 1.00 X 0 0 0 DR ARTHUR TOOLE III 1.00 X X 0 0 0 MRS SUSAN GIBBINS 1.00 X 0 0 0 MRS JUDY LONDON 1.00 X 0 0 0 WAYNE CARMELLO-HARPER 40.00 X X 121610 0 0 121610 0 0 1 0 0 0 0 3313478 232883 3313478 505853 505853 664020 664020 664020 664020 11856581 10893404 963177 963177 963177 5446528 2133050 0 0 1065572 1065572 121610 79046 42564 155481 103834 51647 25793 17023 8770 26592 17551 9041 21453 14159 7294 5214 3441 1773 63225 63225 505 333 172 1309 864 445 16567 10934 5633 10893 7189 3704 3159 2085 1074 8905 5877 3028 84487 55761 28726 44303 29240 15063 Grant and Program Servi 0 Cchange in value of spl 15189 15189 POSTAGE 4841 3195 1646 TELEPHONE 4219 2785 1434 annual meeting 4197 2770 1427 9708 6407 3301 1693222 1443255 249967 0 315506 468102 3416967 191822 3083143 3225145 16264921 20918432 19663570 24611679 27315 65334 1492459 1962326 1519774 2027660 X 67272 355694 16584911 18023525 1491613 4204800 18143796 22584019 19663570 24611679 X 0 1 0 X 0 X 776192 942065 1267899 693890 3184038 6864084 776192 942065 1267899 693890 3184038 6864084 2769443 4094641 451748 432544 1239491 1060436 1169873 4354092 300000 300000 300000 900000 12118176 0.33790 0.47470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 106032 74500 795012 1 1 1589671 2845214 184503 19652 4599736 1484371 150450 39598 84748 1589671 0 0 444416 444416 2897118 145873 2751245 0 75433 45949 29484 0 3225145 Other Securities 20918432 F 20918432 PAYABLES TO OTHER ORGANIZATIONS 1607436 CHARITABLE GIFT ANNUITY LIABILITY 143383 OTHER PAYABLES 2289 Grants Payable 174658 Retained Life estate liability 34560 1962326 5446528 1693222 3753306 390158 296759 686917 4440223 5836686 390158 390158 5446528 0 5446528 1693222 0 1693222 0 1693222 Part V, Line 4: Description of Intended Use of Endowment Funds: THE ORGANIZATIONS INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT TO THE BENEFICIARY ORGANIZATION AS PROVIDED FOR IN THE DOCUMENT CREATING THE ENDOWMENT. Adjustment is for correction of an error. 1 VARIOUS DONEES SEE ATTACHED SCHEDULE See attached schedule 25 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE FOUNDATION HAS A COMPREHENSIVE PROCESS TO REVIEW, EVALUATE AND CLOSE EACH GRANT AND SCHOLARSHIP AWARD. THE PROCESS INCLUDES: . A PROPOSAL PROCESS TO ENSURE THE REQUEST IS IN LINE WITH FOUNDATION OBJECTIVES . A WRITTEN SET OF GUIDELINES AND APPLICATION FOR ALL GRANT OR SCHOLARSHIP DISTRIBUTIONS . SCREENING AND TRAINING OF ALL EXTERNAL VOLUNTEERS WHO WILL ASSIST IN THE REVIEW PROCESS . A LIST OF ALL VOLUNTEERS IS MAINTAINED BASED ON THE 5-YEAR REVIEW OF DISQUALIFIED PERSONS . ALL SCHOLARSHIP APPLICANTS MUST SIGN THAT THEY ARE NOT RELATED TO ANY DISQUALIFIED PERSON . A SITE-VISIT TEAM COMPRISED OF EXTERNAL VOLUNTEERS TO MEET WITH EACH FINAL APPLICANT . A RANKING FOR FOR EACH GRANT AND SCHOLARSHIP POOL BASED ON THE AWARD'S OBJECTIVE . BOARD OF TRUSTEES HAS EXCLUSIVE FINAL DECISION ON ALL AWARDS . WRITTEN SUMMARY OF THE AWARD AND THE PARAMETERS TO SUSTAIN THE AWARD . SCHOLARSHIPS ARE EXCLUSIVELY DISTRIBUTED TO THE HIGHER EDUCATION INSTITUTION . QUARTERLY WRITTEN REPORTS ON THE PROGRESS AND GRANT EXPENDITURES OR TRANSCRIPTS . RANDOM SITE-VISITS TO CONTINUE THE RELATIONSHIP AND REVIEW THE PROGRESS . RENEGOTIATE SIGNIFICANT GRANT TERMS OR EXPEDITURES BASED ON RELEVANT CHANGES . FINAL GRANT REPORT TO SATISFACTORILY CLOSE THE GRANT DEPENDING ON TIMEFRAME (1-3 YEARS) . ALL GRANT AND SCHOLARSHIP APPLICATIONS ARE BOTH MAINTAINED AND ELECTRONICALLY SCANNED . ALL AWARDED GRANT AND SCHOLARSHIP DOCUMENTATION IS MAINTAINED AND SCANNED MOREOVER, IN COMPLIANCE WITH THE PENSION PROTECTION ACT (2006), THE FOUNDATION EXERCISES FULL CONTROL OVER THE REVIEW AND SELECTION OF ALL SCHOLARSHIP RECIPIENTS WITH NO INDEPENDENT COMMITTEES DELEGATED TO PERFORM THIS ROLE. X 2 103443 QUOTED MARKET PRICES X 129440 certified appraisial 0 1 1 Third Party Use: Part I, Line 32b: THE ORGANIZATION USES BROKERAGE SERVICES TO PROCESS/SELL SECURITIES RECEIVED AS CONTRIBUTIONS. WHENEVER A CONTRIBUTION IS RECEIVED SUCH AS A SECURITY IT IS THEN SOLD AND CONVERTED TO CASH AND RECORDED AS CONTRIBUTION REVENUE BASED UPON THE QUOTED MARKET PRICE ON THE DATE OF THE CONTRIBUTION. Form 990, Part VI, Section A, line 4 THE ORGANIZATION AMENDED CERTAIN BYLAWS Form 990, Part VI, Section B, line 11 THE CEO AND ACCOUNTING FIRM PRESENT A COPY OF THE 990 FOR REVIEW BY ORGANIZATIONS BOARD PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM THAT IS COMPLETED FOR ALL VOLUNTEERS REGARDLESS OF THE CAPACITY OF THIER SERVICE. THE FORM INCLUDES A SIGNATURE THAT CONFIRMS THAT THEY HAVE READ AND WILL ADHERE TO THE POLICY. IN ADDITION, EVERY BOARD COMMITTEE AND BOARD MEETING BEGINS WITH A REVIEW OF THE CONFLICT OF INTEREST POLICY AND ASKS EACH PARTICIPANT TO FULLY DISCLOSE ANY CONFLICT OR BIAS THAT THEY HAVE WITH ANY AGENDA ITEM. Form 990, Part VI, Section B, line 15 THE COMPENSATION RECOMMENDATIONS ARE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. THE REVIEW CONSIST OF REVIEW OF THE ACTUAL COMPENSATION BUDGETED COMPARED WITH THE PROPOSED AMOUNT AS WELL AS OBSERVING COMPARABLE SALARY DATA FROM THE ASSOCIATION OF SMALL FOUNDATIONS. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE COMMITTEE MINUTES AS WELL AS OVERALL BOARD APPROVAL. Form 990, Part VI, Section C, line 18 THE FOUNDATION MAKES IT'S FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICES OF THE FOUNDATION M-F 8 A.M. TO 5 P.M AND FORM 990 IS PUBLICLY AVAILABLE ON THE FOUNDATION'S WEBSITE IN PDF FORMAT Form 990, Part VI, Section C, line 19 THE FOUNDATION MAKES IT'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICES OF THE FOUNDATION M-F 8 A.M. TO 5 P.M.