| FORM 990, PART VI, SECTION A, LINE 3 |
THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO FISCAL MANAGEMENT ASSOCIATES AND TOM GUILTINAN. FISCAL MANAGEMENT ASSOCIATES AND TOM GUILTINAN WERE COMPENSATED $313,037 FOR THEIR SERVICES. HE BECAME AN EMPLOYEE OF THE ONGANIZATION IN JUNE 2021. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND THEN REVIEWED WITH OUR AUDIT COMMITTEE. ONCE APPROVED, THE 990 IS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD FOR ITS REVIEW AND COMMENT AND THEN IT IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
UWNYC'S BOARD MEMBERS, OFFICERS, SENIOR EXECUTIVES AND CERTAIN OTHER DESIGNATED EMPLOYEES ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY AND HAVE AN OBLIGATION TO UPDATE SUCH STATEMENTS THROUGHOUT THE FISCAL YEAR. THE INFORMATION IS REVIEWED BY THE GENERAL COUNSEL AND CATALOGUED. RELATED PARTY ISSUES ARE REGULARLY SCRUTINIZED AND ADDRESSED AS PART OF THE GRANTMAKING PROCESS AND VENDOR SELECTION PROCESS. THE APPROPRIATE BOARD COMMITTEE REVIEWS THE PROPOSED TRANSACTION, REVIEWS THE RATIONALE AND COMPARABILITY DATA, AND DETERMINES WHETHER TO PROCEED. THE ORGANIZATION HAS PROTOCOLS TO BE FOLLOWED BY STAFF IN ORDER TO REVIEW AND ADDRESS CONFLICTS RELATING TO NON-EXECUTIVE STAFF MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE CEO'S COMPENSATION IS RECOMMENDED BY THE COMPENSATION COMMITTEE, APPROVED BY THE EXECUTIVE COMMITTEE, AND REPORTED TO THE BOARD OF DIRECTORS. THE BOARD HAS BEEN ASSISTED BY PROFESSIONAL COMPENSATION CONSULTANTS, SULLIVAN AND COTTER ("S&C"). S&C GOES OUT TO THE MARKET AND REVIEWS THE COMPENSATION OF CEOS IN NOT ONLY SIMILARLY SITUATED ORGANIZATIONS, BUT OTHER ORGANIZATIONS TO WHICH UWNYC WOULD LOOK FOR A CEO IF THE NEED AROSE. THIS INFORMATION IS ANALYZED AND THEN GIVEN TO THE COMPENSATION COMMITTEE FOR THEIR REVIEW. THE COMPENSATION COMMITTEE DETERMINES THE REASONABLENESS OF THE CEO'S COMPENSATION BASED ON THIS INFORMATION. THE COMPENSATION OF KEY EMPLOYEES IS DETERMINED PURSUANT TO COMPENSATION COMMITTEE OVERSIGHT AND APPROVAL. IN THE SPRING OF 2014, UNITED WAY OF NEW YORK CITY RETAINED THE COMPENSATION CONSULTING FIRM, SIBSON CONSULTING, TO PROVIDE GUIDANCE ON EXECUTIVE AND GENERAL STAFF COMPENSATION GOING FORWARD. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORAGNIZATION DIRECTLY. |
| FORM 990, PART XI, LINE 9: |
CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 131,401. PENSION PLAN RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 421,599. POST-RETIREMENT LIFE INSURANCE PLAN RELATED CHANGES 109,118. |
| FORM 990, PART XII, LINE 2C: |
THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
Attach to Form 990 or 990-EZ.