Ole Health

“The organization utilized a professional accounting firm to prepare the form 990, who worked in conjunction with the organization's finance and accounting team to gather the required information. Upon review of the form 990 amongst the organization's management team, the form 990 was then sent to the audit & benefits committee of the board of directors for review and approval. The audit & benefits committee also presents the results of its review process to the board of directors, who receives a copy of the form 990 prior to filing with the internal revenue service.”

“All employees and board members must complete and sign a conflict of interest disclosure statement annually. It is also the continuing responsibility of the board, officers, and management employees to scrutinize their transactions, outside business interests, and relationships for potential conflicts and to immediately make such disclosures. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: (1) the conflicting interest is fully disclosed; (2) the person with the conflict of interest is excluded from the discussion and approval of such transaction; (3) a competitive bid or comparable valuation exists; and (4) the board has determined that the transaction is in the best interest of the organization. Disclosure from employees of the organization should be made to the chief executive officer (or if he/she is the one with the conflict, then to the board chair); disclosures involving directors should be made to the board chair (or if he/she is the one with the conflict, then to the board vice chair). Conflicted individuals are not allowed to participate in the deliberation and vote on any matter.”

“The ceo and cf&ao salaries are approved by the board of directors after performance reviews and compensation studies. The other key leadership positions are based on a compensation study done by an independent firm every two to three years. If necessary to evaluate outside of that time period, the human resources department will evaluate by soliciting external compensation data and place the position appropriately within the organizational structure.”

“The audited financial statements, conflict of interest policy, and governing documents are available upon request.”

“Contractual services: program service expenses 1,558,040. Management and general expenses 36,155. Fundraising expenses 0. Total expenses 1,594,195. Janitorial services: program service expenses 18. Management and general expenses 307,456. Fundraising expenses 0. Total expenses 307,474. Consulting fees: program service expenses 31,180. Management and general expenses 185,589. Fundraising expenses 0. Total expenses 216,769. Lab services: program service expenses 349,363. Management and general expenses 0. Fundraising expenses 0. Total expenses 349,363. 340b dispensing/administrative fees: program service expenses 1,526,078. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,526,078. Infectious waste disposal: program service expenses 51,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,627. Security: program service expenses 0. Management and general expenses 192,673. Fundraising expenses 0. Total expenses 192,673. Billing services: program service expenses 0. Management and general expenses 66,614. Fundraising expenses 0. Total expenses 66,614. Recruitment: program service expenses 25,570. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,570.”

“Unrealized gain on beneficial interest in trust assets 308,000.”