Mercy Learning Center of Bridgeport Inc

“Organization made the following amendments to its bylaws: 1. A director may participate in a meeting of the board of directors by means of remote communication via video or telephone conferencing enabling all directors participating in the meeting to hear one another, and participation in a meeting pursuant to this section shall constitute presence in person at such meeting. 2. Two thirds majority vote would be required to amend bylaws and extraordinary transactions such as matters relating to the purchase, sale, lease, exchange, mortgage, pledge, or other disposition of the assets or property of the corporation, other than in the normal course of business.”

“The organization has its form 990 prepared by an outside accounting firm. It is then distributed to the organization's finance committee and management for review. It is distributed to the full board of directors prior to a board meeting, where it is reviewed by the full board with the discussion led by the organization's treasurer. After discussion, the board votes to approve the form 990 for filing with the irs.”

“Mercy learning center's governing body mandates that all members of the board of directors and employees review and sign the conflict of interest policy and disclose any potential conflicts of interest they may have on an annual basis. The signed statements are reviewed by the director of operations for any potential or actual conflicts. If a potential or actual conflict of interest exists, then the director of operations reports this to the ceo who then investigates the issue and reports to the executive committee of the board. The employee or director will be contacted immediately if a conflict exists and will not be allowed to vote or participate in any decisions about the stated conflict until there is no longer a conflict. All conflict of interest documents are maintained in a file and all directors and employees are responsible for the updating of this statement throughout the year.”

“The compensation of the ceo is determined by the executive committee of the board of directors which compares the ceo compensation of other similar non-profits to determine an appropriate compensation range. The committee, with the input of all directors (who complete a written evaluation and submit it to the board chair) oversees the evaluation and compensation determination of the ceo. The last review was completed on june 25, 2025. Form 990, part vi, section b, line 15b: the compensation of the officers follows the process for all regular employees' compensation. There is an annual performance review process, followed by a compensation comparison with like agencies, as well as determination for cola needs. This process determines all employee compensation, including director levels. For all director level roles, this process is completed by the president and ceo.”

“Mercy learning center makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on their website, as well as on www.guidestar.org and other similar types of websites. In addition, the governing documents, the conflict of interest policy and financial statements are available to the public by request in writing or in person at the center”

“Change in beneficial interest 2,267.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”