Centerstone Foundation

“The sole stockholder of the organization is centerstone of indiana, inc., an indiana nonprofit corporation.”

“The sole stockholder of the organization is centerstone of indiana, inc., an indiana nonprofit corporation.”

“The following decisions are to be ratified by the sole stockholder prior to action: formation or acquisition of legal entities by the corporation; amendment of the charter or bylaws of the corporation; approval, acceptance, amendment or termination of contracts of the corporation to provide services outside the historical lines of business or services engaged in by the corporation; and adoption and amendment of the statement of the mission of the corporation.”

“The process of reviewing the form 990 entails a detailed review of the form 990 by the organization's chief executive officer, chief financial officer, corporate controller, and the board of centerstone of america. The form 990 including requested schedules, as ultimately filed with the irs, are provided electronically to each voting member of the organization's governing body prior to filing.”

“The board has adopted a written conflict of interest policy. On an annual basis board members complete a board expectations letter in which the members affirm that they are aware of the conflict of interest policy and that they have reported any potential conflicts of interest. Further, the board has adopted a policy which requires board members to complete a conflict of interest acknowledgement and disclosure form on an annual basis. In addition, the chair inquires at the beginning of each meeting if board members have any new or potential conflicts of interest that have arisen since the previous board meeting necessitating disclosure. For employees, the company's code of conduct contains a written conflict of interest policy. Employees are required to certify on an annual basis that they have read and will abide by the conflict of interest policy. Further, senior executives of the company are required to complete a conflict of interest acknowledgement and disclosure form on an annual basis.”

“In june 2022 centerstone of america contracted with a third party consultant to conduct an assessment of the behavioral health marketplace ceo compensation and provide recommendations to the organization's board of directors in forming a compensation package for the ceo of centerstone of america, inc. As a result, the compensation package of centerstone of america's ceo has been updated in 2024 to reflect the current market rates. The ceo's compensation package is reviewed by the board of directors on an annual basis. Compensation for the ceos of the centerstone affiliated organizations is determined by the ceo of centerstone of america utilizing compensation surveys available from the industry's two major associations, and is subject to review by the centerstone of america board on an annual basis. Executive compensation packages were reviewed and adjusted to market as needed during the 2025 tax year.”

“The governing documents and conflict of interest policy are available for public inspection upon request. The financial statements however are not available for public inspection.”

“The centerstone foundation secures philanthropic resources to support centerstone's noble purpose, "delivering care that changes people's lives," both now and in the future. In addition to securing philanthropic resources for its affiliates and the people we serve, the foundation is charged with providing effective stewardship of endowments, including investment and disbursements. We are dedicated to improving the quality of life of the individuals and families who come to centerstone for care. Centerstone of indiana is the sole corporate member of the centerstone foundation. Corporate structure: the centerstone foundation is structured is set up to be connected to one of its beneficiaries. Therefore, centerstone of indiana is the sole corporate member of the centerstone foundation. And, centerstone of america, inc. Is the sole corporate member of centerstone of indiana. For the 2025 tax year ended june 30, 2025, centerstone of america and its affiliates earned gross revenue of $425 million. Centerstone profile: centerstone is a nonprofit health system providing mental health and substance use disorder treatments. Services are available in georgia, florida, illinois, indiana, north carolina, and tennessee through the operation of outpatient clinics, residential programs, school-based services, telehealth, and an inpatient hospital. Centerstone also offers specialized programs available nationwide for the military community, as well as services for children, including therapeutic foster care. Centerstone's institute provides guidance through research and technology, leveraging the best evidence-based practices for use across our communities. Centerstone's foundation secures philanthropic resources to support the work and mission of delivering care that changes people's lives. Centerstone provides care for more than 110,000 individuals and families annually and is accredited by carf and the joint commission. Recognition of affiliates: the foundation's affiliates include: centerstone of florida is the leading community behavioral health hospital and outpatient practice in southwest florida. With a history spanning more than six decades and full continuum of behavioral health services, we are working to change the lives of children, teens, adults and seniors who face trauma, addictions, psychiatric illnesses and emotional disorders. Centerstone of florida serves more than 15,000 people of all ages. Centerstone of florida is accredited by the joint commission. Centerstone of illinois serves children, youth, adults and families through mental health counseling, substance use treatment, life skills enrichment programs, and specialized services for adults with intellectual and developmental disabilities. Each year, centerstone of illinois services more than 10,000 people of all ages in southern illinois and the metro east st. Louis area. Centerstone of illinois is accredited by carf international. Centerstone of indiana provides an array of mental health treatment, substance use disorder treatment, integrated primary care, therapeutic foster care and supportive services to more than 20,000 people of all ages across southern and central indiana each year. Centerstone has been recognized by the state of indiana for its innovative services in addictions care and re-entry services. We are accredited by carf international and have received health home status. Centerstone of indiana's subsidiaries include the centerstone foundation, inc., centerstone supportive housing, llc and independent living. Centerstone of tennessee has provided a wide range of mental health, addiction, and therapeutic foster care services to people of all ages for more than 60 years. Through operations in the middle and east tennessee regions, centerstone serves more than 40,000 children, adolescents, adults and seniors each year. Centerstone of tennessee is accredited by carf international and is a member organization of the national football league's nfl lifeline.”

“Forms 1099 and 1096 for centerstone foundation inc. Are filed under the ein of a sister organization (centerstone of america, inc. Ein 20-0072992). For 2024, a total of 1,040 1099 forms were filed under centerstone of america. Of that total, 9 relates to a vendor of centerstone foundation.”

“Forms w-2, w-3, and all related payroll tax filings for centerstone foundation are filed under the ein of a sister organization (centerstone of america, inc. Ein 20-0072992). For 2024, a total of 5,380 forms were filed under centerstone of america. Of that total, 12 relate to employees of centerstone foundation.”

“Change in value of beneficial interest 68,071.”