Lifeline of Ohio Organ Procurement Inc

“The audit and finance committee reviewed the Form 990 with the organization's audit firm responsible for its preparation. In addition, the Form 990 was provided to the entire board and after recommendation by the audit and finance committee, approved by the board.”

“The organization, as part of its corporate compliance and ethics program, has adopted a formal Conflict of Interest policy. This policy stipulates the procedure for employee and board member education, guidelines for avoiding conflicts of interest, and the impact of failure to disclose known conflicts. Additionally, the organization expands on its conflict policy by defining its overall corporate compliance program in a separate program, provides a code of conduct policy for all employees and board members, offers a non-retribution/non-retaliation policy to encourage employees and board members to report suspicious or inappropriate activity, has a designated corporate compliance officer, and has a compliance committee of the board that oversees the program. In addition, the organization has a contract with a third party to provide a 24 hour hotline so individuals can anonymously report inappropriate, illegal, or unethical activity. As final checks, all board members in attendance at board meetings and board committee meetings are asked that the beginning of the meeting to disclose any potential conflicts of interest based on the meeting agenda. In addition, the CEO and CFO review all transactions and inquire of board members and employees regarding potential conflicts.”

“The organization routinely reviews compensation for all staff through the participation in an annual industry survey regarding compensation levels and practices to ensure it is competitive and appropriate with its peers. The organization also retains the services of a nationally recognized consulting firm to periodically provide market comparative analysis and surveys for all positions within the organization. CEO compensation is reviewed and approved by the Executive Committee of the board of directors based on the results of available comparative information and surveys and the CEO's performance with respect to organizational goals. The Executive committee also oversees the compensation for the organization's other officers and key employees.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public if requested for a reasonable matter.”

“Change in fair value of interest rate SWAP -4,806. Equity Investment 7,536.”

“There were no changes to the organization's oversight process or selection process during the tax year.”