Incompass Human Services Inc.

“During fiscal year 2021, incompass human services, inc. (the agency) and bridgewell, inc. (bridgewell), a massachusetts nonprofit organization, entered into an affiliation and related services agreement (the agreement) effective february 2021. This agreement followed an initial memorandum of understanding (mou) dated december 4, 2020. The agency and bridgewell formed a parent company, new england human services collaborative, inc. (nehsco), a massachusetts nonprofit organization. Nehsco's mission is to strengthen and develop the connection between human service providers to facilitate improved and sustainable operations that will enhance the experience and lives of the individuals that the agency and bridgewell serve. The expectation is that additional similarly situated health and human service providers will be added as supported organizations over time. By entering into the agreement, nehsco will become the sole corporate member of both the agency and bridgewell, effective as of the closing date, october 1, 2021. The existing chief executive officer of the agency will become the president of nehsco and the existing chief executive officer of bridgewell will become the chief executive officer of nehsco. As of and for the year ended june 30, 2021, there were no financial transactions between any of the organizations. Also, during fiscal year 2021, the agency entered into a separate affiliation agreement with the arc of opportunity (the arc), a massachusetts nonprofit organization. Under this agreement, the agency will become the sole corporate member of the arc effective as of the expected closing date, december 31, 2021. This affiliation will help build a human services network that can provide the full spectrum of human services supports and become a regional service provider across multiple human service areas that will lead to well-diversified service capabilities. As of and for the year ended june 30, 2021, there were no financial transactions between the agency and the arc.”

“The 990 is emailed to the board for review prior to filing.”

“New hires must disclose any relationships with current incompass employees. Written incompass policies address conflicts of interest. Board of directors must annually declare in writing any related party interests.”

“Annual performance review, with salary adjustments appropriate to incompass and salary ranges for industry, specialty, and geographic market. Written evaluation form by ad-hoc board of directors committee, and individual board member assessments are made of the ceo. Examples of the tools used for salary evaluation include but are not limited to "tsne missionworks: a compensation and benefits survey of nonprofits in southern new england and westchester county, ny 2017."”

“Annual reports are distributed to interested parties. Pertinent information is posted in newsletters and on incompass human services' website. Also, financial statements are publically available on the state's osd website, as well as on the guidestar non-profit web site and on the incompass human services' website.”

“Information on how to access these documents or request copies is available on the incompass website.”

“Unrealized gain on interest rate swap contract 121,157. Loss on asset impairment -1,445,434.”

“Incompass human services has a committee that assumes responsibility for the oversight of the audit and selection of an independent accountant.”