Cooperative for Human Services Inc.

“During the period covered by this Form 990 tax return, the Organization engaged and compensated Insource Services, Inc., to provide business solutions such as administrative and functional support, accounting, financial consulting, human resource management, and technology coordination. James Sullivan, a Senior Finance and Accounting Manager within Insource, served as a Fractional CFO for the Organization during this reporting period. Under this arrangement, the Organization paid Insource $348,975 during the 2024 calendar year for services which included not only Mr. Sullivan's time, but also for other administrative functions offered by Insource. The Organization is unable to determine at the time of filing this Form 990 what portion of this $348,975 was allocable specifically for services rendered by Mr. Sullivan compared to services provided overall by Insource. Therefore, the entire amount has been disclosed on this Form 990 footnote. The nature of Insource's services meets the definition of a "management company" per IRS instructions. Therefore, even though Mr. Sullivan would constitute an officer for 990 reporting purposes, because these payments represented amounts remitted to an unrelated third-party management company in return for services, such amounts are not disclosed on Form 990, Part VII, Section A.”

“For the period covered by this Form 990 tax return, the Organization engaged an independent public accounting firm, Baker Newman Noyes, to provide audit and tax preparation services. With assistance from the Organization's finance personnel, Baker Newman Noyes drafted a copy of the annual Form 990 tax return for the Organization's consideration. The Form 990 is then subject to the review and approval by the Organization's CFO and CEO prior to its filing with the IRS.”

“It is the Organization's policy that a director, trustee, officer, committee member, or employee shall not, except in compliance with the requirements and procedures of the Conflict of Interest Policy, receive gifts or favors that will influence their service to the Organization; disclose sensitive information for personal benefit; or use the Organization's assets and networks for their own gain. Furthermore, in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial or duality interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial or duality interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. For this and other purposes under this Policy, if the number of directors or trustees without a potential conflict of interest is less than the normal number for a quorum, then the number of directors or trustees without a potential conflict of interest shall constitute a quorum. Each director, trustee, officer, member of a committee with governing board delegated powers, and senior employee shall annually sign a statement which affirms that such person has received a copy of the Conflict of Interest Policy and that they have read, understood, and agreed to the Policy.”

“The Organization's Board of Directors reviews and approves the compensation and benefits of the Chief Executive Officer. Any further updates or changes to the CEO's compensation and benefits package is also subject to the review and approval of the Board. The Board considers such factors as experience, market rates, and level of service when considering and approving its executive compensation plan. The compensation and benefits of other top employees and officers is subject to the review and approval of the Chief Executive Officer.”

“The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Net Transfers to Related Organization 1,660.”

“Beginning with the 2024 tax year, covering the period ending June 30, 2025, the Organization engaged Baker Newman Noyes, an independent public accounting firm, to audit the Organization's financial statements. Baker Newman Noyes was also engaged to help the Organization to prepare and file its annual Form 990 tax return. The Organization's audited financial statements and Form 990 are subject to review by the Organization's independent Board of Trustees prior to their issuance.”