Partners in Recovery LLC

“Marc Community Resources, Inc. bought out the other two partnering organizations in Partners In Recovery as of October 6, 2017. Marc Community Resources ownership increased to 100 of Partners in Recovery, the filing organization. The governing documents of Partners in Recovery were amended to reflect the change of ownership. Partners in Recoverys board of directors is now appointed soley by Marc Community Resources.”

“Marc Community Resources is the sole member of the filing organization and Marc Community Resources appoints the board members to serve on the filing organizations board.”

“The following acts require approval from the Membership Body 1 Amendments to the Organizations Operating Agreement, 2 Sale or Disposition of substantially all of the assets, 3 Assignment for the benefit of creditors, file a voluntary petition in bankruptcy or consent to appointment of a receiver for the Organization, 4 Approval of a plan of merger or consolidation, 5 Contract or agreement with any Member, Interest Holder or Affiliate Member, 6 Acquisition or sale of real property, 7 Borrowing money from any lender or Member in excess of 50,000, 8 Issuance of further Membership Interests, 9 Decisions that affect the tax liability of the Organization or Members as well as any elections that would affect the Organization or Members, 10 Institution of fringe benefits for Organization employees, 11 Distributions to Members except as otherwise provided, 12 Expanding into new business area such as providing different products or services that exceed 5 of the amount set forth in the budget or any line thereof, and 13 Adoption or Modification of the annual budget.”

“Copies of the 990 and all related schedules are sent out to the entire Board of Directors for review. Any questions the Board might have are directed back to the Chief Financial Officer. The 990 is then discussed at a full board meeting and approved by the Board of Directors.”

“Enforcing the policy on conflicts of interest is the responsibility of Partners in Recoverys Governance committee. This committee dedicates one meeting per year to 1 Ensure all conflict of interest statements have been received, 2 Ensure conflicts are fully understood and implications discussed and disposition agreed upon, 3 Ensure the board members with conflicts, if any, follow policy with respect to voting on matters that they may have a conflict with, and 4 Recommend enhancements to existing forms, policies and training related to conflicts of interest.”

“Partners in Recovery used market data from comparable organizations Form 990s and market data from the Regional Behavioral Health Authority that reflected what comparable positions were being paid to determine the compensation of officers. All decisions and support information was contemporaneously documented.”

“The Organization will provide in a timely manner, copies of all policies, procedures, annual financial audits and Form 990s when requested.”

“Other Change in net assets 1,443,149 Dividend paid to parent organization, Marc Community Resources.”

“The Governance Committee is responsible for all business, finances, property, policy and affairs of the Corporation.”