FORM 990, PART VI, SECTION A, LINE 4 |
ON JANUARY 27, 2021, THE BOARDS OF DIRECTORS OF BOTH CONNECTICUT FOOD BANK, INC., AND FOODSHARE, INC., VOTED TO COMBINE THE TWO ORGANIZATIONS EFFECTIVE JANUARY 30, 2021. ALTHOUGH THE TWO ORGANIZATIONS RETAINED THEIR INDIVIDUAL 501(C)(3) STATUS INITIALLY, THROUGH THE COMBINATION, CONNECTICUT FOODBANK INC., HAS BECOME THE SOLE MEMBER OF FOODSHARE, INC. SUBSEQUENT TO JUNE 30, 2021, CONNECTICUT FOOD BANK, INC. CHANGED ITS NAME TO CONNECTICUT FOODSHARE, INC. AND FOODSHARE INC. HAS LEGALLY DISSOLVED |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY THE AUDITORS BASED ON INFORMATION PROVIDED BY MANAGEMENT, REVIEWED BY MANAGEMENT AND DISTRIBUTED TO ALL MEMBERS OF THE AUDIT COMMITTEE FOR REVIEW AND DISCUSSION AT THEIR NOVEMBER MEETING WITH THE AUDITORS. THE FINAL DRAFT IS THEN MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW. BOARD MEMBERS SEND ANY QUESTIONS OR COMMENTS TO THE CHAIR OF THE AUDIT COMMITTEE. THE APPROPRIATE PERSON RESPONDS TO ANY QUESTIONS OR COMMENTS AND REVISIONS ARE MADE, IF NECESSARY, PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
ALL ELECTED DIRECTORS AND ALL STAFF MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE CERTIFICATE ANNUALLY. MANAGEMENT REVIEWS THE INDIVIDUALLY SIGNED CERTIFICATES AND PREPARES A SUMMARY ANNUALLY. CONNECTICUT FOOD BANK'S GOVERNANCE COMMITTEE REVIEWS THE SUMMARY AND TAKES ANY ACTION DEEMED NECESSARY AS A RESULT OF THE REVIEW. |
FORM 990, PART VI, SECTION B, LINE 15A |
THE EXECUTIVE COMMITTEE, WHOSE MEMBERS ARE INDEPENDENT PERSONS, REVIEWS COMPARABILITY DATA ANNUALLY AND USES THIS INFORMATION AS INPUT TO THE PROCESS FOR APPROVING COMPENSATION FOR THE CHIEF ADMINISTRATIVE OFFICER AND CHIEF OPERATING OFFICER. THE COMMITTEE'S PROCESS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY. EXECUTIVES ARE ELIGIBLE FOR THE SAME FRINGE BENEFITS AS OTHER CONNECTICUT FOOD BANK EMPLOYEES. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY APPOINTMENT AT ITS ADMINISTRATIVE OFFICES IN WALLINGFORD, CT. THE FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE AT WWW.FOODBANK.ORG. |