The Ursuline Center

“The ursuline ministries board of directors is the sole corporate member of the ursuline center.”

“The appointment of board members is a prerogative reserved to the member.”

“The following items are prerogatives reserved to the voting membership of the directors of the ursuline ministries corporation and/or the directors of the ursuline sisters of youngstown corporation: a. Any modification of the essential nature or purpose of the corporation; b. Any change in the corporate structure c. Appointment and removal of a member of the ursuline center board of directors; d. Approval of amendments to these bylaws; e. Approval of the corporation's annual budget; f. Review and approval of long-range plans for the corporation; g. Determination of the use and occupancy of any building owned or leased by the corporation; h. Approval of the sale, lease or disposition of real property of the corporation; i. Approval of borrowing or other additions or changes to financial obligations not contained in the annual capital or operating budgets of the corporation or constituent corporations that exceeds $100,000; j. Require a certified audit of the corporation or review corporate funds at any time, and set guidelines for legal counsel and auditing for the corporation; k. Dissolution of the corporation and disposition of its assets after payment of all debts; and l. Approval of the appointment or the removal of the executive director.”

“The form 990 is reviewed and discussed by the organization's board members and finance committee before its submission.”

“All financial decisions are examined and monitored during the year by the board members for conflicts of interest.”

“The finance committee reviews the rationale for compensation of all staff and management based upon comparability data and agency sustainability. The full board approves the agency budget, including compensation.”

“The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request.”

“Pharmacy program/medical fees: program service expenses 1,505,957. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,505,957. Administrative fee: program service expenses 51,250. Management and general expenses 102,500. Fundraising expenses 51,250. Total expenses 205,000.”

“Transfer of net assets to ursuline sisters mission -1,064,449. Transfer of net assets to beatitude house -100,000.”