Delta Dental Plan of Ohio Inc

“Delta dental plan of ohio has a sole member, delta dental plan of michigan, inc.”

“The sole member has voting rights to elect directors.”

“Delta dental plan of michigan, inc., as the sole member of delta dental plan of ohio, inc. As the rights prescribed by law for members of nonprofit corporations subject to chapter 1702 of the ohio revised code and amended and restated code of regulations.”

“The information presented on the form 990 is gathered by the senior tax administrator for the organization. The cfo reviews the information. Once approved the information is given to outside tax preparers who prepare and review the form 990. Once complete, an electronic copy of the form 990 is placed in a secure portal for the board to review, prior to filing form 990 with the irs.”

“The company's senior vice president, chief legal officer, and cao is charged with reviewing and monitoring any potential conflict of interest transactions. All members of the board of directors, officers, and key employees are required to review and execute a conflict of interest policy. This policy requires that any conflicts of interest be disclosed on an annual basis, or at any other time that the person executing the policy becomes aware of a situation or transaction that actually or potentially creates a conflict of interest. All conflict of interest disclosure forms are initially reviewed by the senior vice president, chief legal officer, and cao. If a prohibited transaction were identified, the matter is escalated to the nominating and governance committee of the board of directors for further review and appropriate action. In the event of a conflict of interest involving a member of the board of directors, such as a vote, in which a member has an interest, the member is required to disclose the potential conflict and abstain from any vote on the matter. Whether further precautions are required (e.g., prohibiting the interested party from engaging in discussions) would depend upon the specific nature and background of the conflict.”

“Compensation of the ceo and other executives is determined by a related organization, delta dental plan of michigan, inc. Outside compensation consultants are used to determine market data which is used to set total compensation for officers and key employees including ceo and cfo. The related organization contracts with towers watson to do a compensation and reasonableness analysis every two years. Compensation is set, based on the data provided, by the compensation committee of the board of directors. Towers watson also provides an opinion as to the reasonableness of the total compensation packages, including base pay, incentive, benefits and retirement benefits. The compensation was last reviewed under this process during 2022.”

“No documents available to the public.”

“Certain employees are officers of multiple companies within the larger organization. The average hours worked reflects approximate time spent in each of those individual companies. While the hours are allocated to individual companies, much of the officers' time is spent working on issues that impact the entire organization, not just one company. Compensation is reported in full to agree to the employee's w-2 as required by irs instructions. Any allocation of compensation is included on schedule r.”

“Contracted services: program service expenses 36,032. Management and general expenses 36,610. Fundraising expenses 0. Total expenses 72,642. Purchased dental services: program service expenses 245,250,852. Management and general expenses 0. Fundraising expenses 0. Total expenses 245,250,852.”

“Gain on investment in subsidiaries -1,214,417.”

“Delta dental plan of ohio receives an audited financial statement from an independent accountant but these statements are prepared on a statutory basis and not in accordance with generally accepted accounting principles (gaap).”