Riverside Community Care Inc

“The executive committee , which also serves as the nominating committee, and other committeesa as the directors shall determine. Executive committee is chaired by the chairman, and has as its members the chairperson, the president, the vice-chairperson(if tehre is one), the treasurer, and secretary, and committee chairs who shall be directors and other such directors and other such directors as may be determined by the chairperson. Unless the directors otherwise determine, the executive committee shall have the power to act on all matters requiring prompt action between meetings of the directors except for such matters as are specified in section 8.25 of chapter 156d. The excecutive committee acting as the nominating committee shall furnish nominations for directors and officers to the board at least seven days prior to the annual election of the board.”

“The organization works with its independent certified public accountant to compile the form 990 and its related disclosures. The 990 is reviewed in detail with the certified public accountant, and management. It is then made available electronically or in paper form to all members of the board of directors.”

“The corporation requires that all employees and members and officers of the board of directors of the corporation disclose all business and other relationships which might potentially create a conflict of interest and all conflicts of interest as defined by the policy. Members of the board of directors are required to sign a conflict of interest declaration and disclose any conflicts of interest on an annual basis. If a member of the board of directors believes that he/she, or a related party, has a conflict of interest, he/she must immediately disclose this to the board chair or the president/ceo of riverside and may not vote on any issues that may be in conflict. Employees are prohibited from engaging in any outside activity, including employment, that is considered a conflict of interest in the performance of assigned duties, as determined by the president/ceo or designated management staff. The organization relies on board members to self-report any conflicts of interest. The board chair and president/ceo are responsible for monitoring and enforcing the policy.”

“Compensation for the ceo and president is the responsibility of the officers of the organization (board chair, vice chair, treasurer, and secretary) annually the board reviews salaries from similar organizations based on 990s, surveys, uniform financial reports and other trade-related documents. The information taken from these documents is then utilized, along with the performance reviews, to determine compensation. Other executive level compensation is determined by the ceo and president. Compensation is based upon available survey data from other comparable organizations.”

“Upon request and additionally the financial statements are available on the public charities website maintained by the commonwealth of massachusetts attorney general”

“Gain/loss on lease modification 172,598.”