Mosaic

“The evangelical lutheran church in america appoints three members of the board of directors.”

“Mosaic board of directors may make any amendments to the articles of incorporation without other approval with the exception of sections 8 and 10. Amendments to sections 8 and 10 of the articles of incorporation require prior written consent of the evangelical lutheran church in america. Section 8 of the articles of incorporation specifies where assets would be transferred upon the liquidation of mosaic, and section 10 covers mosaic's affiliation with the evangelical lutheran church in america.”

“Each december, the senior vice president for human resources and vice president of compliance identify the disqualified persons based on information filed in each key employee's annual conflict of interest form. The vp of hr solutions and vp of accounting review the salary and benefit information required for all directors, officers, key employees and disqualified persons and prepare a schedule for review by the svp of human resources and senior vice president and chief financial officer. A review of all international, lobbying and unrelated business activities is completed by the chief financial officer and vp of accounting with relevant staff. Form 990 is prepared by the organization's outside accounting firm. The chief financial officer, the organization's outside accounting firm, and the chief executive officer review the return. The finance and audit committee and the board of directors are provided a copy of the return prior to filing form 990.”

“On an annual basis, each board director completes a conflict of interest form and submits it to the chairperson of the board integrity committee. Any financial conflicts of interest are reported to the chief financial officer for reporting on the form 990. On an annual basis all staff complete a conflict of interest form in conjunction with their annual evaluation. All conflicts of interest are reviewed by human resources. Any conflicts of interest of the chief executive officer are reported to the board of directors. Conflicts of interest of senior staff are reviewed by the senior vice president for human resources and vice president of compliance and reported to the chief executive officer and chief financial officer for reporting on the form 990. Any new conflicts of interest that arise during the year are required to be reported at that time.”

“The board of directors established an executive committee. The executive committee is responsible for: contracting with an independent consultant to document comparable compensation levels paid to executives with similar positions and responsibilities in similar organizations, helping the committee apply mosaic's compensation philosophy to the market survey data to identify supportable compensation levels and compensation ranges, and opining in advance that resulting compensation ranges are reasonable compensation. The compensation consultant will also advise and opine on benefit design, benefit options, and reasonableness of benefit amounts as elements of compensation. The executive committee will adopt a compensation philosophy for officers and key employees guided by the consultant's information and use the compensation philosophy to approve the compensation of the ceo, approve the compensation ranges for other officers and key employees, and report its actions to the full board. The ceo, working within salary ranges approved by the executive committee, sets the compensation of other officers and key employees. Minutes, documentation of independent consultant comparability data and recommendations are maintained as part of the record of the executive committee.”

“Individuals may request mosaic's governing documents, conflict of interest policy, and financial statements through an email request form available on mosaic's public website (www.mosaicinfo.org).”

“Other fees: program service expenses 3,538,607. Management and general expenses 1,614,238. Fundraising expenses 0. Total expenses 5,152,845. Day/host services: program service expenses 40,159,607. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,159,607. Consulting services: program service expenses 1,961,959. Management and general expenses 829,039. Fundraising expenses 0. Total expenses 2,790,998.”

“Postretirement benefit related changes other than net periodic cost 23,917.”

“The finance and audit commitee oversees the audit & selection of the independent accountant. This process has not changed from the prior year.”