Highbridge Advisory Council Day Care & Senior Citizens Center Inc.

“Finance committee reviews and approves 990 and distributes to each and every board member.”

“Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, is covered under the policy. In connection with any actual or possible conflict of interest, an interested person must inform the existence of the financial interest to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she must leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide whether a conflict of interest exists and act upon that decision. The ceo routinely reviews and approves all contracts and invoices to determine whether any interested person is connected with the transaction. In the event of a potential conflict of interest, the ceo will consult with the board to determine a course of action.”

“The highbridge advisory council has a compensation committee that reviews industry salary surveys and compensation for the ceo and top management positions. The compensation committee recommends a compensation package for the ceo/executive director to the overall board of directors for approval. The last time this was done was in 2014.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Clinician fees: program service expenses 440,995. Management and general expenses 0. Fundraising expenses 0. Total expenses 440,995. Day care services and special education consultants: program service expenses 164,480. Management and general expenses 0. Fundraising expenses 0. Total expenses 164,480. Development consultants: program service expenses 10,393. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,393. Payroll services: program service expenses 65,532. Management and general expenses 0. Fundraising expenses 0. Total expenses 65,532. Family day care program providers: program service expenses 1,366,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,366,089. Accounting - program portion: program service expenses 49,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,700. Health services: program service expenses 78,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 78,100. Other: program service expenses 20,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,050.”

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