Copley Professional Services Group Inc

“During the year ending September 30, 2022, the Organization's amended its bylaws. The amended bylaws contain the following significant changes: 1. The Organization formally ratified that all individuals of the Lamoille Valley Region will be eligible for health services, regardless of their gender or identity. 2. The President/CEO shall now serve as an ex-officio, non-voting member of the Board of Directors. 3. Any Director may be removed from office by a 2/3rd majority vote of the remaining Directors. The amended bylaws also clarified that reasons for the removal of a Director may include (a) neglect of duty; (b) declaration of being unfit for service by a medical professional; (c) being charged with a felony; (d) suspension from participating in Federal programs; and/or (e) failure to attend meetings 4. The Organization's standing committees and their responsibilities were revised, including the creation of a nominating committee that is responsible for recommending new Directors. 5. The Board's stated responsibilities were expanded to include the following activities: (a) approving non-budgeted expenditures in excess of $50,000; and (b) to perform long-range and strategic planning operations. 6. The term of office for the Board's officers was changed from one year to two years. 7. The prior bylaws prohibited former Directors from seeking employment with the organization for six months after their resignation from the board. The revised bylaws remove this restriction. 8. The amended bylaws more strictly adhere to the requirements of HIPAA.”

“The Organization's Form 990 is prepared with the assistance of an independent public accounting firm. The draft is then thoroughly reviewed by the Finance Committee and other key financial staff. Once any changes are made, the Organization makes the Form 990 available for all Board Members to review via secure web portal, email, or in hard copy prior to filing with the IRS.”

“The Board of Directors fills out a conflict of interest questionnaire/disclosure form annually in April.”

“The CEO compensation is determined and executed by the Board of Directors taking into consideration individual and organizational performance, experience, and comparable market rates for the position. All other officer and key employee compensation is determined by the CEO focusing on individual performance, experience, and utilizing outside compensation data.”

“The Organization makes its governing documents, conflict of interest policy, audited financial statements, and Forms 1023 and 990 available to the public upon request at its central offices.”

“While no policy or procedure that is written exists, in every instance where Lamoille Health Partners (LHP) has entered into a joint venture, LHP has secured legal advice to understand the implications of entering into an LLC agreement and its impact on the Organization's tax exempt status. This is the normal procedure followed to safeguard the Organization's tax exempt status for all LLC agreements. Previously, LHP's Schedule R listed several LLC entities as related organizations which constituted the Organization's joint ventures. The Organization has disposed of its interest in all joint ventures it previously participated in with taxable entities in previous tax years.”

“The Organization did not incur any fundraising expenses during the current fiscal year. All grants are received primarily from state and federal sources on an on-going basis.”

“The audit process has not changed from the prior year.”