Methodist Home for Children Resources

“The form 990 is prepared by an independent accounting firm. All officers will receive a draft copy of the form 990 along with all comments for changes prior to filing. The final copy will be sent to officers and board of directors through email.”

“Officers, directors and key employees are required to disclose annually interest that could give rise to conflicts. The annual disclosures are reviewed by the board chair and the final determination as to whether a conflict exists is determined by the joint officers committee.”

“After input is sought from board members, the board chair responds to the annual summary of goals and objectives by conducting the annual performance evaluation with the senior vice president/executive director. Following the evaluation a review of national and state salary survey (typically the alliance for children and families and pccyfs respectively) is conducted by the chair in consultation with board leadership to set the salary and 457 plan contributions for the coming year. Salary adjustments following annual performance reviews of other key leadership positions (president/ceo, other vice presidents) are conducted by mhc with mfsp board member input. Salary adjustments fall into 3 categories, but are not always changed each year. Across the board cost of living adjustment for all employees (annually approved by the human resources committee), salary adjustment according to trends and if below average according to standard salary surveys and/or recognition for high performance in the given year. This process and final determinations were timely documented.”

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

“Pension related changes other than net periodic pension costs 277,651.”

“No changes from the prior year auditor selection or audit oversight process.”