Mercy Center Inc

“The leadership team of the mid-atlantic community of the sisters of mercy of the americas are members of the corporation.”

“The leadership team of the mid-atlantic community of the sisters of mercy of the americas, as the members of the corporation, have established the sponsor council and have delegated certain powers to it. The sponsor council will ensure that the ministries under its supervision will operate in accordance with the charism and mission of the sisters of mercy and in accordance with the teaching,discipline, and norms of the catholic church. The sponsor council will exercise the following powers: (a)recommend to the members the adoption and thereafter a change in the mission, purpose, or philosophy, (b)recommend to the members the adoption and thereafter a change in the certificate of incorporation or bylaws, (c)appointmembers of the board of directors upon recommendation of the board and remove members of the board of directors in consultation with the members, (d)appoint, in consultation with the members, the executive director upon the recommendation of the board, (e)remove, in consultation with the members, the executive director,(f)approve a capital budget that is larger than 2% of the approved operating budget or a deficit operating budget, (g)recommend to the members the incurrence of debt where the amount exceeds the limit established annually by the members,(h)recommend to the members the transfer,sale, encumbrance, or gift of assets of the corporation where the amount exceeds the limit established annually by the members,i)recommend to the members the dissolution, merger, consolidation or other fundamental reorganization of the corporation.”

“The members of the corporation may initiate and implement, and must approve, any proposal with respect to any of the following: (a)adopt or approve a change in the mission of the corporation, purpose, or a change to the general structure of the corporation as a charitable not-for-profit corporation, (b)adopt and thereafter amend the certificate of incorporation of the corporation, (c)adopt and thereafter amend the bylaws of the corporation, (d)dissolve, divide, liquidate or wind up the corporation, or consolidate or merge the corporation with another corporation or entity, (e)sell all or substantially all the assets of the corporation, (f)effect any transfer or encumbrance of property which requires approval pursuant to canon law, (g)create or dissolve the sponsor council and appoint or remove the members of the sponsor council and establish the policies for its operation, (h)establish an annual limit on the amount of debt to be incurred by the corporation that does notrequire approval by the members, (i)establish an annual limit on the amount of assets that can be transferred, sold, encumbered or gifted by the corporation that does not require approval by the members.”

“The audit/finance/investment committee and the chair of the board review and approve the irs form 990 prior to submission. If there were changes needed, they were made. The final draft of the 990 is distributed to the full board prior to filing with the irs.”

“The executive committee of mercy center's board of directors conducts anevaluation of the chief executive(s) of the organization. It also servesas a compensation committee to determine executive compensation. Acomparative salary survey is used to benchmark executive compensation forthe position of chief executive(s). The committee meets independent of the chief executive(s) to discuss performance relative to the position. During these deliberations, the committee also considers input obtained from other sources, possibly including other board members, staff, professional advisors, grantors, and other informed community leaders and stakeholders. Once a consensus is reached regarding performance, a similar discussion is held concerning compensation relative to annual benchmark and established objectives. The committee then makes its decisions, reports to the board, and informs the chief executive(s) about the results. The process was performed in june 2019 and consequently in 2021.”

“Governing documents and financial statements are available upon request.”

“Other program services 4: during fy24, we continued to operate our community education workshops online, which offered greater scheduling flexibility and resulted in higher attendance. The most popular workshop was tax season in spanish, which was attended by 104 participants. We also continued our personal development and community building activities, with the thanksgiving food pantry (500 families) and holiday gift giving (548 children) having the highest participation.”