Mazzoni Center

“The board shall have an executive committee consisting of the officers of the board and the ceo as a non-voting officer. The immediate past board president shall serve on the executive committee for one year following the end of their term as president, provided they remain an active director. The executive committee shall have authority to act only during intervals between meetings of the board and shall have and may exercise the authority of the board in the management of the ordinary business and affairs of the corporation except that the executive committee shall not have the authority of the board in reference to: 1) amending the articles of incorporation 2) amending, altering or repealing the bylaws 3) filling vacancies in or removing members of the board or of any committee appointed by the board 4) adopting a plan of merger or adopting a plan of consolidation with another corporation 5) authorizing the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the corporation 6) authorizing the voluntary dissolution of mazzoni center or revoking proceedings therefore 7) adopting a plan for the distribution of the assets of mazzoni center 8) amending, altering, or repealing any resolution of the board which by its terms provides that it shall not be amended, altered or repealed by such committee. The delegation of authority shall not operate to relieve the board or any individual director of any responsibility imposed on it or him/her by law. The executive committee shall report its activities at each board meeting.”

“The form 990 is prepared by an independent accounting firm and is reviewed by the cfo and designated board/committee members. Prior to filing, the entire board receives a complete copy of the return.”

“All directors and officers are subject to the conflict of interest policy. An interested person is a person who has, directly or indirectly, through business, investment or family: (1) an ownership or investment interest in any entity with which mazzoni center has a transaction or arrangement, (2) a compensation arrangement with mazzoni center, (3) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which mazzoni center is negotiating a transaction or arrangement. A financial interest is not necessarily a conflict of interest. A conflict of interest will exist only if the board or executive committee decides that such conflict exists. An interested person must disclose the existence of the financial interest to the board or executive committee. After making the presentation regarding a transaction or arrangement involving the possible conflict of interest, the interested person shall leave the meeting during the discussion and the vote. Any transaction exceeding $5,000 and involving a possible conflict of interest must be presented by staff to the board or executive committee. The board or executive committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in mazzoni center's best interest, and whether it is fair and reasonable. Each director and officer shall annually sign a copy of the conflict of interest policy.”

“The process for determining the president & ceo's compensation in 2022 included a review and approval by the board of directors and using market comparability data in conjunction with hiring an independent search firm. The substantiation of the deliberation and decision was timely documented in the board minutes.”

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

“The mission of mazzoni center is to "provide quality comprehensive health and wellness services in an lgbtq-focused environment, while preserving the dignity and improving the quality of life of the individuals we serve." the organization provides a continuum of prevention and care services, including hiv counseling and testing, primary medical services, transgender specific medical care, mental health and substance abuse services, case management, housing, nutrition and food bank services, education services and legal services. The organization provides services to patients and clients regardless of their ability to pay for those services. The organization defines and measures its "investment in and "partnership with" the community through offering our low-income and/or uninsured patients and clients services at reduced cost or free of charge, as defined under its financial assistance departmental policies. Key elements used to determine eligibility include a patient's demonstrated inability to pay based on family size and household income related to federal income poverty guidelines. Because the organization does not pursue collection of amounts determined to qualify for financial assistance, they are not reported as revenue. The organization has estimated its costs of providing charity care by reducing the amount collected from patient ability to pay to the actual cost of delivering the service. Using this methodology, the organization has estimated the costs foregone for services and supplies furnished under the organization's financial assistance policy aggregated approximately $383,000 for the year ended june 30, 2023.”

“Change in value of interest rate swap agreement 231,609.”

“Explanation for amended return: the following parts of the return are amended as compared to the originally filed return. The 2023 audit was finalized in 2024, and the form 990 is being amended to reflect the audited numbers as follows: - 990 page 1, line g gross receipts changed from $15,141,619 to $13,660,097 - 990 part i, line 8 contributions and grants changed from $6,159,634 to $6,054,966 - 990 part i, line 9 program service revenue changed from $7,696,574 to $6,361,464 - 990 part i, line 10 investment income changed from $147,230 to $104,577 - 990 part i, line 12 total revenue changed from $14,079,863 to $12,597,432 - 990 part i, line 15 salaries, other compensation, employee benefits changed from $10,176,255 to $10,464,505 - 990 part i, line 16b total fundraising expenses changed from $512,355 to $479,529 - 990 part i, line 17 other expenses changed from $5,983,411 to $5,585,207 - 990 part i, line 18 total expenses changed from $16,159,666 to $16,049,712 - 990 part i, line 19 revenue less expenses changed from $-$2,079,803 to -$3,452,280 - 990 part i, line 20 total assets changed from $20,293,329 to $19,270,061 - 990 part i, line 21 total liabilities changed from $11,829,068 to $12,135,624 - 990 part i, line 22 net assets or fund balances changed from $8,464,261 to $7,134,437 - 990 part iii, line 4a: expenses changed from $8,052,747 to $7,382,871; revenue changed from $5,595,387 to $4,513,570 - 990 part iii, line 4b: expenses changed from $1,049,924 to $1,046,508; revenue changed from $1,230,724 to $1,094,283 - 990 part iii, line 4c: expenses changed from $1,351,343 to $1,233,867; revenue changed from $870,463 to $753,611 - 990 part iii, line 4e total program service expenses changed from $10,454,014 to $9,663,246 - 990 part iv, line 12b response changed from "no" to "yes" - 990 part viii, line 1f all other contributions changed from $671,923 to $567,255 - 990 part viii, line 1e total changed from $6,159,634 to $6,054,966 - 990 part viii, line 2a third party billing changed from $7,182,039 to $5,901,417 - 990 part viii, line 2b phila. Trans wellness conference changed from $406,165 to $351,677 - 990 part viii, line 3 investment income changed from $172,699 to $130,955 - 990 part viii, line 7b cost basis changed from $1,061,756 to $1,062,665 - 990 part viii, line 7c net loss changed from -$25,469 to -$26,378 - 990 part viii, line 12 total revenue changed from $14,079,863 to $12,597,432 - 990 part ix, line 7 other salaries: program expenses changed from $6,465,342 to $6,141,797; management and general expenses changed from $895,422 to $1,222,841; fundraising expenses changed from $110,510 to $99,357 - 990 part ix, line 8 pension: program expenses changed from $177,435 to $39,853; management and general expenses changed from $138,198 to $237,151; fundraising expenses changed from $5,416 to $782 - 990 part ix, line 9 other employee benefits: program expenses changed from $431,817 to $163,264; management and general expenses changed from 343,809 to $959,482; fundraising expenses changed from $12,567 to $3,439 - 990 part ix, line 10 payroll taxes: program expenses changed from $354,042 to $474,994; management and general expenses changed from $291,130 to $165,933; fundraising expenses changed from $11,815 to $16,060 - 990 part ix, line 11b legal: program expenses changed from $6,347 to $4,108; management and general expenses changed from $20,307 to $12,959; fundraising expenses changed from $14,556 to $9,289 - 990 part ix, line 11c accounting: program expenses changed from $6,850 to $51,611; management and general expenses changed from $21,612 to $162,818; fundraising expenses changed from $15,491 to $116,711 - 990 part ix, line 11g other: program expenses changed from $279,035 to $252,052; management and general expenses changed from $135,393 to $1,534; fundraising expenses changed from $118,182 to $37,229 - 990 part ix, line 13 office expenses: program expenses changed from $43,074 to $49,986; management and general expense”