Diakon

“A majority of the members of the governing body (the diakon board of directors) are elected by a majority vote of the bishops of the following synods of the evangelical lutheran church of america: northeastern pennsylvania synod, southeastern pennsylvania synod, delaware-maryland synod, upper susquehanna synod, and lower susquehanna synod. The remaining members of the board are elected by the board from a slate of candidates presented by the board development committee.”

“Diakon has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization. The return is then finalized and the board is provided a copy of the form 990 before it is filed.”

“The compliance officer of the organization reviews diakon's conflict of interest statement and certification forms with the board on a regular basis. All board members and all officers and key employees are required to complete a certification form and disclose possible or actual conflicts of interest. The completed forms are reviewed by the compliance officer and by the organization's outside auditor on a regular basis.”

“Executive compensation philosophy a compensation committee utilizes external consultants to assist with the development, administration, and determination of compensation, welfare, benefit, and other plans, which take into account appropriate industry benchmarks and the compensation policies followed by organizations similarly situated to diakon. The compensation committee has adopted a written "charter," which sets forth the purpose, membership and responsibilities of the committee. In addition, it conducts its activities in compliance with diakon's "excess benefits transactions" policy, which requires review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. Diakon's executive compensation program consists of a base salary reflecting the value of an executive's capabilities, experience, and success in meeting mission, financial, operational and quality objectives. Information about executive compensation issues and decisions is reported to the full board of directors at regular meetings. Employee benefits diakon provides all employees, including executives, with a comprehensive benefit plan that includes health insurance, dental insurance, life and disability insurance and a retirement plan.”

“Diakon makes its governing documents (articles of incorporation and bylaws) and conflict of interest policy available upon request. A statement of financial position is published in the organization's annual report. The audited consolidated financial statements and annual report are available on the diakon website at diakon.org as well as available upon request.”

“During 2024, diakon took over the statewide adoption network and hud housing programs from related nonprofit organizations.”

“Other contracted services: program service expenses 988,029. Management and general expenses 148,446. Fundraising expenses 0. Total expenses 1,136,475. Swan contracted service costs: program service expenses 68,876,299. Management and general expenses 0. Fundraising expenses 0. Total expenses 68,876,299.”

“With donor restrictions net assets released with donor restrictions - operations -115,721. Investment income, net of expenses 601,879. Contributions and bequests 3,700. Equity transfer to affiliates decrease in fair value of funds held in trust by others 646,837. Transfer of net assets from related organizations 96,005,423. Transfer of net assets - restricted -237,843. Other changes -17,798.”

“Diakon has an annual audit of the consolidated financial statements for diakon and controlled affiliates performed by an independent accounting firm. The audit committee of the diakon board of directors assumes responsibility for the oversight of the audit and selection of the independent accounting firm.”

“Diakon also has an annual audit under the single audit act and omb circular a-133 performed by an independent accounting firm for the consolidated group.”