TY 2020 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202201319349303810 - Rendered 2024-05-05 TIN: 99-0112851

SCHEDULE O
(Form 990 or 990-EZ)

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.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

KAUAI ECONOMIC OPPORTUNITY INCORPORATED

Employer identification number

99-0112851

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 4	A CORPORATE RESOLUTION EFFECTIVE 12/15/2020 UPDATED THE CHAIRMAN, VICE-CHAIRMAN, CHIEF FINANCIAL OFFICER, SECRETARY, AND TREASURER'S AUTHORITY TO EXECUTE ON BEHALF OF THE ORGANIZATION ANY BID, PROPOSAL, OR CONTRACT FOR THE SALE OR RENTAL OF THE ORGANIZATION AND TO EXECUTE ANY BOND REQUIRED.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 WAS REVIEWED BY THE CEO. A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING AND WILL BE REVIEWED AT THE NEXT BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE ORGANIZATION. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS.
FORM 990, PART VI, SECTION B, LINE 15	THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES A REVIEW AND APPROVAL BY THE BOARD, WHICH WAS DONE IN 2018. COMPARATIVE DATA SUCH AS COMPARISONS WITH OTHER COMMUNITY ACTION AGENCIES ARE USED. THIS PROCESS IS ONLY FOR THE CEO AND DOCUMENTED IN THE PERSONNEL FILE AND IN THE BOARD MINUTES. THE PROCESS FOR DETERMINING COMPENSATION FOR THE FISCAL OFFICER INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE CEO AND FOLLOWS THE COMPENSATION & PERFORMANCE APPRAISAL PROCEDURE IN THE KEO COMPENSATION PLAN. COMPARATIVE DATA SUCH AS A COMPENSATION STUDY ARE USED. THIS PROCESS IS DOCUMENTED IN THE PERSONNEL FILE, AND WAS LAST UNDERTAKEN IN MARCH 2017.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 4

A CORPORATE RESOLUTION EFFECTIVE 12/15/2020 UPDATED THE CHAIRMAN, VICE-CHAIRMAN, CHIEF FINANCIAL OFFICER, SECRETARY, AND TREASURER'S AUTHORITY TO EXECUTE ON BEHALF OF THE ORGANIZATION ANY BID, PROPOSAL, OR CONTRACT FOR THE SALE OR RENTAL OF THE ORGANIZATION AND TO EXECUTE ANY BOND REQUIRED.

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 WAS REVIEWED BY THE CEO. A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING AND WILL BE REVIEWED AT THE NEXT BOARD MEETING.

FORM 990, PART VI, SECTION B, LINE 12C

EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE ORGANIZATION. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS.

FORM 990, PART VI, SECTION B, LINE 15

THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES A REVIEW AND APPROVAL BY THE BOARD, WHICH WAS DONE IN 2018. COMPARATIVE DATA SUCH AS COMPARISONS WITH OTHER COMMUNITY ACTION AGENCIES ARE USED. THIS PROCESS IS ONLY FOR THE CEO AND DOCUMENTED IN THE PERSONNEL FILE AND IN THE BOARD MINUTES. THE PROCESS FOR DETERMINING COMPENSATION FOR THE FISCAL OFFICER INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE CEO AND FOLLOWS THE COMPENSATION & PERFORMANCE APPRAISAL PROCEDURE IN THE KEO COMPENSATION PLAN. COMPARATIVE DATA SUCH AS A COMPENSATION STUDY ARE USED. THIS PROCESS IS DOCUMENTED IN THE PERSONNEL FILE, AND WAS LAST UNDERTAKEN IN MARCH 2017.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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