St Vincent'S Services Inc

“ST. VINCENT'S SERVICES, INC. d/b/a Heartshare St. Vincent's Services, Inc. ("HSVS") PURCHASES CERTAIN ADMINISTRATIVE FUNCTIONS, INCLUDING FISCAL, PAYROLL AND HUMAN RESOURCE SERVICES, FROM HEARTSHARE HUMAN SERVICES OF NEW YORK, A RELATED 501(C)(3) ORGANIZATION.”

“HSVS IS A MEMBERSHIP ORGANIZATION WITH FIVE MEMBERS: THE CHAIRPERSON OF THE BOARD OF HEARTSHARE HUMAN SERVICES of New York INC., THE PRESIDENT AND CEO OF HEARTSHARE HUMAN SERVICES, ONE OTHER PERSON DESIGNATED BY THE CHAIRPERSON OF HEARTSHARE HUMAN SERVICES, A DESIGNEE OF THE BOARD OF DIRECTORS OF THE WILLIAM M. CASEY FOUNDATION, INC. AND THE BISHOP OF BROOKLYN.”

“The members may elect the board of directors.”

“The members approve significant decisions of the hsvs board including, but not limited to, changes in philosophy or mission of the corporation, changes to the organization's governing documents, election of the board of directors, dissolving the corporation, etc.”

“The board's audit and finance committee reviewed the form 990 prior to filing. Any comments arising from the review are discussed and if required, changes are made after the committee's review, the form 990 was presented to the full board for review and approval.”

“Hsvs conflict of interest policy requires board members, key staff and major independent contractors to complete an annual disclosure statement. The audit and finance committee of the board reviews each reported potential conflict of interest and reports its recommendations to the full board for approval. If a conflict of interest arises, the matter may be remedied via recusal or disqualification of the board member. This simply means that the board member does not participate in the matter that poses the conflict of interest. In the event of a violation of the conflict of interest policy, the agency reserves the right to immediately dismiss the employee or board member of interest.”

“THE ORGANIZATION HAS A COMPENSATION COMMITTEE TO DETERMINE COMPENSATION OF THE EXECUTIVE DIRECTOR. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS AND CONTEMPORANEOUSLY DOCUMENTS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION USING INDEPENDENT COMPENSATION SOURCES, INCLUDING SALARY SURVEYS, FORM 990'S COMPARABLE ORGANIZATIONS, AND INFORMATION PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE PROCESS LAST OCCURRED IN 2021. no compensation was paid to other officers or key employees of the organization.”

“The executive director sets the salary for key staff with oversight by the board. The process last occurred in 2021.”

“Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.”

“Other program services: medical services: integrated health services program provides skills-based therapy and healthcare management to empower individuals to achieve wellness. The program guides its clients as they work to strengthen their family and social relationships, achieve personal goals and more meaningfully contribute to their communities. Expenses $6,130,293 grants -0- revenue $5,421,166 american dream program - funded by contributions used to provide and assist with the finest education opportunities for clients who are still in care or those who have aged out of care. Expenses $258,344 grants -0- revenue $184,018”

“On October 30, 2020, an amendment to an affiliation agreement with William M. Casey Foundation, Inc. was executed by HSVS. The William M. Casey Foundation, Inc., a New York not-for-profit corporation exempt from federal income tax as a section 501(c)(2) title holding company, was previously included in HSVS' balance sheet under the equity method of accounting. In connection with this amended affiliation agreement, this beneficial interest in William M. Casey Foundation, Inc. was removed from HSVS' balance sheet and the activities of William M. Casey Foundation, Inc. were reported on a separate company basis in the consolidated financial statements of HSVS. The amount of this investment removed from net assets of HSVS as of the date of the amended affiliation agreement was $6,711,144, as noted below. Another significant change in net assets during the fiscal year ended June 30, 2021 is related to the conveyance of real property from HSVS to HSVS Property Foundation, Inc., an affiliated New York not-for-profit corporation exempt from federal income tax as a section 501(c)(2) title holding company. This conveyance resulted in a decrease in HSVS' net assets of $1,785,346, as noted below. OTHER CHANGES IN NET ASSETS INCLUDES THE FOLLOWING ADJUSTMENTS: CHANGE IN AFFILIATION WITH THE WILLIAM CASEY FOUNDATION, INC. $ -6,711,144 CONVEYANCE OF REAL PROPERTY $ -1,785,346 GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST $ 8,552 _______________ TOTAL $ -8,487,938”

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