2013-259 DSS - Charles House Associates for Adult Day Services to Clients of Orange County $25,000

Browse Search

CHARLES HousE AsSOO O TR oON 109 Hilicrest Ave. Carrboro, NC 27510 Conflict ®f Interest Policy August, 2005 PURPOSE: The purpose of the conflict of interest policy is to protect Charles House Association's (Organization) interest when it is contemplating entering into a transactions or arrangement that might benefit the private interest of an officer or director of the organization or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace applicable state and federal laws governing conflict of interest application to nonprofit and charitable organizations. DEFINITIONS: Interested Person A conflict of interest is defined as an actual or perceived interest by a staff member, contractor, Board member or volunteer, in an action that results in, or has the appearance of resulting in, personal, organizational or professional gain. A conflict of interest occurs when an employee, contractor or board member has a direct or fiduciary interest in another relationship. A conflict of interest could include: • Ownership with a member of the Board of Directors or an employee where one or the other has supervisory authority over the other or with a client who receives services. • Employment of or by a member of the Board of Directors or an employee where one or the other has supervisory authority over the other or with a client who receives services. • Contractual relationship with a member of the Board of Directors or an employee where one or the other has supervisory authority over the other or with a client who receives services. • Creditor or debtor to a member of the Board of Directors or an employee where one or the other has supervisory authority over the other or with a client who receives services. • Consultative or consumer relationship with a member of the Board of Directors or and employee where one or the other has supervisory authority over the other or with a client who receives services. The definition of conflict of interest includes any bias or the appearance of bias in a decision-making process that would reflect a dual role played by a member of the organization or group. An example, for instance, might involve a person who is an employee and a Board Member, or a person who is an employee and who hires family members as consultants. i i RESPONSIBILITIES: Employees, Contractor, Board Member It is in the interest of the organization, individual staff and Board Member to strengthen trust and confidence in each other, to expedite resolution of problems, to mitigate the