Independence Care System Inc.

“The organization distributes a copy of the final "draft" of the form 990 to the board of directors for review and approval prior to filing with the irs.”

“Employees are expected to conduct activities relating to persons, businesses, and other organizations closely associated with them in such a way that no conflict may arise between the other interests and the policies, operations or interests (real or apparent) of independence care system, inc. This includes, but is not limited to, outside employment. A conflict of interest is any direct or indirect interest in a contractor, referrer, or related organization, on the part of an employee or an employee's immediate family, that might reasonably affect the employee's judgment or decisions exercised on behalf of the organization.”

“Compensation for the president/ceo, chief operating officer, and chief financial officer are based on employment contracts, which were approved by the board of directors. Compensation for all other positions were approved by the ceo, coo, and cfo based on recommendations by the vice president of human resources after considering job duties and competitive salaries in the community; insuring equity within the organization.”

“The governing documents and financial statements are made available to the public upon request.”

“The organization is amending its form 990 for amounts amended as a result of adjustments made to the annual financial statements that were issued after the original form 990 was filed with irs. The beginning of year amounts have been amended in accordance with the 2014 amended tax return. The following are the changes by line: part viii - statement of revenue, line 1f - all other contributions: original amount $424,750 amended amount $391,555 part viii - statement of revenue, line 2a - program revenue: medicaid payments original amount $372,653,755 amended amount $386,930,023 part viii - statement of revenue, line 2b - program revenue: member surplus payments original amount $851,572 amended amount $4,985,038 part ix - statement of functional expenses, line 25, column (b) - total program functional expenses original amount $366,338,262 amended amount $370,152,157 part ix - statement of functional expenses, line 25, column (c) - total management & general functional expenses original amount $21,678,638 amended amount $24,769,928 part ix - statement of functional expenses, line 25, column (d) - total fundraising functional expenses original amount $0 amended amount $19,271 part x - balance sheet, line 2, column (b) - savings and temporary cash investments original amount $13,837,497 amended amount $13,837,498 part x - balance sheet, line 4, column (b) - accounts receivable, net original amount $48,037,942 amended amount $54,520,916 part x - balance sheet, line 10(c), column (b) - land, buildings, and equipment, net original amount $4,346,671 amended amount $4,346,672 part x - balance sheet, line 17, column (b) - accounts payable and accrued expenses original amount $3,115,255 amended amount $3,114,154 part x - balance sheet, line 19, column (b) - deferred revenue original amount $0.00 amended amount $1,284,755 part x - balance sheet, line 25, column (b) - other liabilities original amount $65,254,266 amended amount $76,307,395 part x - balance sheet, line 27, column (b) - unrestricted net assets: original amount $3,059,072 amended amount $(2,711,091) part x - balance sheet, line 28, column (b) - temporarily restricted net assets: original amount $116,124 amended amount $32,480 schedule a - part iii, section a, line 2 column (d): original amount $335,969,748 amended amount $325,811,231 schedule a - part iii, section a, line 1 column (e): original amount $424,750 amended amount $391,555 schedule a - part iii, section a, line 2 column (e): original amount $389,505,327 amended amount $391,915,061 schedule d - part x - liabilities medical expense payable original amount $65,014,359 amended amount $76,067,488 schedule d - part xi - lines 1,3,and 5 original amount $374,019,074 amended amount $392,395,613 schedule d - part xii- lines 1,3,and 5 original amount $388,016,900 amended amount $394,941,356”