ARTS FEDERATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
ARTS FEDERATION INC (EIN 03-0524939)
Tax period
2010-05-01 to 2011-04-30
Filed
2011-12-12
IRS object ID
201113469349300556
Schema version
2010v3.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-12-12T13:50:37-06:00Timestamp
Tax Period End Date2011-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BGCKO LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line110025 GOVERNOR WARFIELD PKWY 108AddressLine1
CityCOLUMBIACity
StateMDState
ZIP Code210443308ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN030524939EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1ARTS FEDERATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlARTSNameControl
Phone9787124429Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 CHESTNUT STREETAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameELAINE GERDINEName
TitlePRESIDENTTitle
Phone9787124429Phone
Date Signed2011-12-01DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSTUART I GOLDMAN CPAName
Phone4107728090Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonELAINE GERDINENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line110 CHESTNUT STREETAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode
FieldValueIRS element (for citing)
Gross Receipts214184GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.ARTSFEDERATION.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2003YearFormation
State Legal DomicileMDStateLegalDomicile
Activity Or Mission DescriptionTO ASSIST NOT-FOR-PROFITS IN WORKPLACE GIVING CAMPAIGNS.ActivityOrMissionDescription
Nbr Voting Members Governing Body4NbrVotingMembersGoverningBody
Nbr Independent Voting Members4NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year295020ContributionsGrantsPriorYear
Contributions Grants Current Year207858ContributionsGrantsCurrentYear
Program Service Revenue Prior Year23050ProgramServiceRevenuePriorYear
Program Service Revenue CY6326ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year318070TotalRevenuePriorYear
Total Revenue Current Year214184TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year248845GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY174359GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year57451OtherExpensePriorYear
Other Expenses Current Year44403OtherExpensesCurrentYear
Total Expenses Prior Year306296TotalExpensesPriorYear
Total Expenses Current Year218762TotalExpensesCurrentYear
Revenues Less Expenses Prior Year11774RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-4578RevenuesLessExpensesCY
Total Assets BOY144032TotalAssetsBOY
Total Assets EOY116215TotalAssetsEOY
Total Liabilities BOY106600TotalLiabilitiesBOY
Total Liabilities EOY83361TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY37432NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY32854NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionWE WORK WITH OTHER NOT-FOR-PROFIT ORGANIZATIONS TO HELP THEM INCREASE THEIR PARTICIPATION AND SUCCESS IN PUBLIC-SECTOR WORKPLACE CHARITABLE FUND DRIVES. THE FEDERATION SCREENS APPLICATIONS FOR SUCH DRIVES, ASSISTS WITH THE TRANSFER OF FUNDS FROM DONORS TO THE BENEFITING GROUPS, EDUCATES THE STAFF AND VOLUNTEERS OF THESE GROUPS SO THAT THEY BETTER UNDERSTAND WORKPLACE GIVING PROGRAMS, AND ASSISTS IN THE MARKETING OF SUCH GROUPS TO POTENTIAL DONORS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense209693Expense
Grants174359Grants
Revenue6326Revenue
DescriptionDURING THE YEAR, WE WORKED WITH MANY ORGANIZATIONS TO HELP THEM PARTICIPATE IN AND RECEIVE FUNDING FROM VARIOUS WORKPLACE GIVING CAMPAIGNS BEGINNING WITH THE NATIONAL COMBINED FEDERAL CAMPAIGN (CFC). THIS INVOLVED HELPING MEMBER CHARITIES PREPARE SUCCESSFUL APPLICATIONS, ADVISING THEM WHICH WORKPLACE GIVING CAMPAIGNS WERE MOST APPROPRIATE TO ENTER, PROVIDING ADVICE ON MARKETING, AND TRACKING AND DISTRIBUTING DONATIONS FROM ALL CAMPAIGNS. DURING THE FISCAL YEAR, WE DISTRIBUTED OVER $174,000 TO OUR MEMBER CHARITIES.Description
Total Program Service Expense209693TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10961NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members4NbrVotingGoverningBodyMembers
Number Independent Voting Members4NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9787124429TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line110 CHESTNUT STREETAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ELAINE GERDINE
PRESIDENT1.00XX000
MICHAEL WARTOFSKY
DIRECTOR1.00X000
EDWARD NILSSON
SECRETARY1.00XX000
JUDI HOLLEY
TREASURER1.00XX000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Federated Campaigns207858FederatedCampaigns
Total Contributions207858TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM SERVICE FEESDescription
Business Code900099BusinessCode
Total Revenue Column6326TotalRevenueColumn
Related Or Exempt Function Income6326RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue6326TotalProgramServiceRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column214184TotalRevenueColumn
Related Or Exempt Function Income6326RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total174359Total
Program Services174359ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total4200Total
Management And General4200ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total137Total
Management And General137ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total832Total
Management And General832ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
SUPPORT SERVICES39000351003900
TAXES-OTHER234234

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total218762Total
Program Services209693ProgramServices
Management And General9069ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY96451BOY
EOY83877EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY31632BOY
EOY27250EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY397BOY
EOY310EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY0BOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY15552BOY
EOY4778EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY144032BOY
EOY116215EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1087BOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY105513BOY
EOY83361EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY106600BOY
EOY83361EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY37432BOY
EOY32854EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY37432BOY
EOY32854EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY144032BOY
EOY116215EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-4578ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years200854CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years210988CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years220271CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year295020CurrentTaxYearMinus1Year
Current Tax Year207858CurrentTaxYear
Total1134991Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years200854CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years210988CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years220271CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year295020CurrentTaxYearMinus1Year
Current Tax Year207858CurrentTaxYear
Total1134991Total
FieldValueIRS element (for citing)
Public Support Total1701134991PublicSupportTotal170
Total Support1134991TotalSupport
Gross Receipts From Admissions Etc50866GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1701.00000PublicSupportPertcentage170
Public Support Pertcent Prior Year1.00000PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Total Revenue214184TotalRevenue
Total Expenses218762TotalExpenses
Excess Or Deficit For Year-4578ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS-4578ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt214184TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal214184RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990214184TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt218762TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal218762ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990218762TotalExpensesPerForm990

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (10 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrantAddress Line2AddressUS/AddressLine2
AMERICAN MUSIC CENTER
322 EIGHTH AVENUE SUITE 1401NEW YORKNY10001130432981501(C)(3)7178TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
ARTS MIDWEST
2908 HENNEPIN AVE SUITE 200MINNEAPOLISMN554081954411000424501(C)(3)6084TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
BOSTON SYMPHONY ORCHESTRA
SYMPHONY HALL 301 MASSACHUSETTSBOSTONMA02115042103550501(C)(3)6096TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.AVENUE
CHICAGO SYMPHONY ORCHESTRA
220 SOUTH MICHIGAN AVENUECHICAGOIL60604362167823501(C)(3)5233TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
DANCE THEATRE OF HARLEM
466 WEST 152ND STREETNEW YORKNY100311896132642091501(C)(3)12380TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
THELONIOUS MONK INSTITUTE OF JAZZ
5225 WISCONSIN AVENUE NW SUITE 605WASHINGTONDC200152024521544030501(C)(3)27492TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
YOUNG AUDIENCES
115 EAST 92ND STREETNEW YORKNY10128131688246501(C)(3)10128TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.
NEW ENGLAND CONSERVATORY OF MUSIC
290 HUNTINGTON AVEBOSTONMA02115237225104501(C)(3)6889TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES.
ROCK AND ROLL HALL OF FAME AND MUSEUM
1100 ROCK AND ROLL BLVDCLEVELANDOH441141022341520995501(C)(3)11761TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES.
WORLD MONUMENTS FUND
95 MADISON AVE 9TH FLNEW YORKNY10016132571900501(C)(3)6037TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES.
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants10TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: THE GRANTS PAID TO THE RECIPIENTS ARE BASED ON INFORMATION RECEIVED FROM THE FEDERATED CAMPAIGNS.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO IT BEING FILED.
THE ORGANIZATION COMPLIES WITH A CONFLICT OF INTEREST POLICY. THIS POLICY STATES THAT: "ANYONE MAKING DECISIONS ON BEHALF OF THE ORGANIZATION SHOULD ALWAYS ACT BASED IN THE BEST INTERESTS OF THE ORGANIZATION, AND NO INDIVIDUAL ASSOCIATED WITH THE ORGANIZATION SHOULD USE HIS OR HER POSITION FOR PERSONAL BENEFIT, FOR THE BENEFIT OF FRIENDS OR RELATIVES, OR TO FURTHER ANY OUTSIDE INTERESTS OR PERSONAL AGENDA. THIS STANDARD APPLIES TO ALL TRANSACTIONS AND DECISIONS, WHETHER OR NOT COVERED BY THE DETAILED POLICIES AND PROCEDURES BELOW." THE POLICY DEFINES POTENTIAL AND ACTUAL CONFLICTS OF INTEREST,REQUIRES DISCLOSURE BY RELEVANT PARTIES OF POTENTIAL AND ACTUAL CONFLICTS, AND ESTABLISHES PROCEDURES BY WHICH BOARD MEMBERS AND STAFF CAN DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IN THE EVENT OF A CONFLICT, THE POLICY FURTHER PROVIDES A PROCESS FOR DECIDING WHETHER A PROPOSED TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION DESPITE THAT CONFLICT OF INTEREST. THE POLICY STATES THAT IT SHALL BE DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF ALONG WITH A DISCLOSURE QUESTIONNAIRE DESIGNED TO UNCOVER POTENTIAL CONFLICTS OF INTEREST BY ASKING RECIPIENTS TO LIST FAMILY AND BUSINESS RELATIONSHIPS WITH OTHER OFFICERS, DIRECTORS AND KEY EMPLOYEES. ALL COVERED INDIVIDUALS ARE ASKED TO RESPOND ACKNOWLEDGING RECEIPT OF THE POLICY, THEIR INTENTION TO ABIDE BY IT, AND DISCLOSING ALL ISSUES LISTED IN THE QUESTIONNAIRE.FORM 990, PART VI, SECTION B, LINE 12C
THE ORGANIZATION WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 18
UPON REQUEST THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC.FORM 990, PART VI, SECTION C, LINE 19
THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.FORM 990 PART XI LINE 2C

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.