Child Dimensions Insurance Company

“Children's hospital medical center of akron is the sole stockholder of child dimensions insurance company.”

“Children's hospital medical center of akron is the sole stockholder of child dimensions insurance company and its governing body has the right to elect or appoint members of the organization's governing body.”

“The form 990 is provided to the enterprise risk and compliance committee of children's hospital medical center of akron (member) for review and discussion prior to filing the return with the internal revenue service. The enterprise risk and compliance committee is a committee of the board of directors and empowered to complete the review on behalf of the board of directors. A full copy of the 990 is provided to all cdic board members prior to filing.”

“It is the policy of cdic to follow the policies of children's hospital medical center of akron (chmca). All officers, directors, and employees disclose real or apparent conflicts of interest as a condition of board membership with cdic. Since cdic has no employees, only officers and directors disclose, in writing, on an annual basis, a list of all businesses or other organizations in which he/she (or an immediate family member) is an officer, member, owner, shareholder, trustee or employee for which he/she acts as an agent or might reasonably in the near future enter into a relationship or transaction in which he/she could have a duality of interest. If a situation arises in which there is a duality of interest and as such, potential for a conflict of interest, it is the primary responsibility of such individual directly involved to make immediate and complete disclosure to the appropriate supervisor. The chief human resources officer shall review all disclosure statements and forward those with recommendations to the chief legal officer. The chief legal officer refers selected issues or matters for consultation to the enterprise risk and compliance committee of the board. Annually, all directors and officers of cdic must disclose thier conflicts on the conflict of interest/dual interest disclosure statement in accordance with the employee conflict of interest policy which applies to all employees of chmca.”

“Cdic relies on the related organization, children's hospital medical center of akron, to establish the top management official's compensation.”

“The organization makes its governing documents, conflict of interest policy, and consolidated financial statements available to the public upon request.”

“Transfer to related party -88,437.”

“Cdic through its parent company children's hospital center of akron has an enterprise risk and compliance committee that assumes the responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant. The process has not changed from prior year.”