Don Guanella Center Inc

“The center does not have any committees with the authority to act on behalf of the governing body.”

“The form 990 initial completion is done by our auditors. The form 990 is then sent to the center's management team, including its board of directors for approval. Copies of form 990 are avaliable upon request.”

“Each member of the board of directors signs an annual conflict of interest disclosure.”

“The governing documents, conflict of interest policy and financial statements are provided to the public upon request.”

“The center's board of directors voted to terminate the operations of the center effective june 30, 2014. On june 30, 2014, the daughters of st. Mary of providence (the order) entered into a purchase and sale agreement with another nonprofit organization to sell the facility it owned and had been leasing to the center. As part of this agreement, the purchasing organization required $50,000 to be paid for required repairs to the property. The center agreed to pay this cost on behalf of the order as maintaining the property and all repairs was a responsibility of the center under the lease agreement with the order. In addition, the purchasing organization applied for, and was awarded the commonwealth service contracts previously held by the center effective july 1, 2014. The center elected to transfer, free of charge, all furniture, equipment and other property to the successor organization. The center plans to officially dissolve the corporation during fiscal year 2015 as all significant activity ceased as of june 30, 2014. Any remaining net assets available upon dissolution will become the property of the order.”

“Loss on discontinued operations -50,000.”

“The board of directors assumes responsibility for the oversight of the audit of its financial statements and selection of the independent accountant.”