Concordia of Monroeville

“The sole member of the cedars of monroeville is the cedars charitable foundation.”

“The board of directors are elected at each annual board meeting of the cedars charitable foundation. The number of directors which shall constitute the full board of directors shall be fixed from time to time by the board of directors of the cedars charitable foundation.”

“The cedars of monroeville has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization.”

“The cedars of monroeville annually requires its board members, officers, and key employees to complete a conflicts of interest form. During board meetings, if an interested party has a conflict, he/she recuses themselves from voting.”

“The cedars of monroeville has a compensation committee that meets regularly to deliberate and decide the compensation of the chief operating officer and the president of the board of directors. The coo and president of the board of directors then determine the amount of compensation for the remaining officers and key employees.”

“The cedars of monroeville makes its form 990 available to the public. The 990 is available for public viewing, the consolidated financial statements are available to the general public upon request, and some consolidated financial information is disclosed in the annual report. At this time, the cedars of monroeville does not make its governing documents and conflicts of interest policy available to the general public.”

“Purchased services: program service expenses 1,157,048. Management and general expenses 86,474. Fundraising expenses 0. Total expenses 1,243,522.”

“Change in value of interest rate swap agreement 398,727.”

“On august 15th 2014, concordia lutheran ministries of pittsburgh acquired control of the operations of the monroeville christian/judea foundation. Prior to the acquisition of control, the organization had filed for its two allowable extensions for the 2013 form 990. The information used to prepare the form 990 was the historical information that was in the care of the former management. In the process of compiling the relevant financial information for the preparation of the form 990, the new management noted significant misstatements in certain balance sheet accounts primarily related to intercompany receivables/payables and accounts receivable. The new management made adjustments to these accounts for the purposes of the form 990, but due to the time constraints of completing the form 990 in its extension granted timeframe, not all accounts could be examined. The financial information prepared by the former management was not audited and the new management cannot guarantee that other misstatements may not have occurred.”