Life Quality Institute

“The board of directors may designate from amoung its members, by a resolution adopted by a majority of the entire board of directors, one or more committees, each of which shall have and may excercise such authority in the management of the corporation as shall be provided in such resolution. No such committee shall have the power or authority to elect, appoint or remove any director; amend, restate, alter, or repeal the articles of incorporation; amend, alter, or repeal these or any other bylaws of the corporation; approve a plan of merger; approve a sale, lease, exchange, or other disposition of all or substantially all of the property of the corporation, other than in the usual and regular course of business, or to take any other action prohibited by law. The board of directors may establish by resolution one or more committees, advisory boards, auxiliaries, or other bodies of any kind with such rules of procedure as the board may provide. Such committees may provide such advice, service and assistance as requested, but may not exercise any power or authority reserved to the board of directors.”

“By-laws were changed to allow directors to serve three consecutive three-year terms rather than just two.”

“The first draft of the form 990 is reviewed in detail by the executive director. A revised draft is then reviewed with the executive committee. A final version is given to the full board prior to filing.”

“The conflict of interest policy is reviewed in the january board meeting. The board is asked to disclose any business ventures, ownership interests or services that could create a conflict of interest. The policy is closely followed on issues that arise throughout the year.”

“The organization leases its employees from hospice of metro denver, ein 84-0743121. Every other year an analysis of compensation for key senior management positions occurs. Benchmark data is gathered by the director of human resources from various sources (including hospice, healthcare and non-profit) and presented to the executive committee for analysis and approval of compensation recommendations. The comparative data used and deliberation and decision are documented in the minutes of the executive committee and the board of directors.”

“All the named documents are available upon request. Request forms are available at the front desk and can be requested in person or over the phone.”

“Contract labor: program service expenses 20,694. Management and general expenses 1,089. Fundraising expenses 0. Total expenses 21,783. Contract services: program service expenses 17,118. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,118.”