Healthshare Inc

“The executive director, board chair and cfo (a cpa) review the form 990 and suggest approval to the board of directors. The board of directors also receives a full copy of the form 990.”

“Annually, each board member and the executive director review their status and prepare new disclosure statements. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement that results in the conflict of interest. B. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board or committee shall determine whether healthshare can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the total number of disinterested directors whether the transaction or arrangement is in healthshares best interest and for its own benefit and whether the transaction is fair and reasonable to healthshare and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. Violations of the conflicts of interest policy: a. If the board or committee has reasonable cause to believe that member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“When the salaries were set, insperity was used to get comparable data and a recommendation. This data was used by the board to set the salaries. The decision is documented in board minutes.”

“Form 1023, 990, and 990-t are available for inspection upon request.”

“The governing documents, conflict of interest policy, and finanical statements are available upon request for the same period of disclosure as set forth in section 6104(d).”

“Jennifer peterson and daniel svendsen are compensated from doherty employer services, a third party human resource company. The reported compensation on part vii of the form 990 is the total compensation reported to daniel svendsen and jennifer peterson. Jennifer peterson spends 50.91% of her time on healthshare, inc. And 49.09% on generations health care initiatives, inc., an unrelated 501(c)(3) organization. The compensation related to healthshare is $54,980.00. Daniel svendsen spends 51.89% of his time on healthshare, inc. And 48.11% on generations health care initiatives, inc., an unrelated 501(c)(3) organization. The compensation related to healthshare is $21,587.00.”