Bridges Inc

“There is a family relationship between the board members james rafferty and lisa rafferty.”

“The keystone group (keystone) is the sole corporate member of the organization. Keystone provides financial, human resource, marketing, public relations and information technology support to the organization. As of june 30, 2015, there are currently three member organizations.”

“The keystone group was formed in 2010 to provide financial, human resource, marketing, public relations and information technology support in order to decrease administrative costs for member organizations. Decisions subject to approval by other persons are detailed below: major decisions that require approval by the keystone group board: (1) adopting annual operating or capital budgets; (2) authorizing off-budget transactions of $50,000 or more; (3) organizing or acquiring an affiliate or subsidiary, including becoming the corporate member of any other non-profit organization; (4) authorizing the filing of any receivership, bankruptcy or similar proceeding; (5) authorizing the sale or other transfer of all or substantially all of the corporation's assets; (6) authorizing the dissolution, merger or consolidation of the organization; or (7) amending the organization's articles of incorporation or bylaws. Major decisions that require approval by the keystone group ceo: (1) authorizing off-budget transactions that are $10,000 or more, but less than $50,000; (2) borrowing money, unless already approved in the current budget; (3) opening or closing locations or service lines; (4) authorizing the sale of any real estate owned by the organization; or (5) authorizing the organization to contract directly or indirectly with third party payers.”

“The organizations form 990 is initially reviewed by the administrator and business manager for accuracy and completeness. Once this initial review has taken place, the organizations form 990 is presented to the board of directors at the next board meeting. The board of directors then reviews and approves the current year's form 990. At this point, the current year's form 990 is filed.”

“Per the organization's policies and procedures manual, all employess and members of the board of directors must disclose to the organization when a conflict of interest exists. The board of directors meets to examine and consider the evidence surrounding the financial interest and all material facts of the interest parties. The interested partied are then instructed to leve the board meeting, at which time the remaining board members will determine if a conflict of interest does in-fact exist. If the board determines that a conflict of interest does exist, the employee/board member with the conflict will recuse himself/herself from voting on the matter.”

“The process for determining the administrator's compensation is done by comparing agencies providing similar services that are also of similar size and earn similar yearly revenues to determine if the proposed compensation and/or raise is reasonable. The proposed compensation is then presented to the board of directors for their review and final approval.”

“The organization's governing documents, conflict of interest policy and financial statements ar available for review upon request.”