California Transplant Services Inc

“There are no committees with authority to act on behalf of the governing body.”

“Completion and filing of form 990 and associated schedules and supplements may not necessarily be done coincidentally or contemporaneously with a board of directors meeting. It is the procedure for cts to distribute the forms, discuss content, and to make the information the subject of open discussion prior to the filing of forms. However, if there is not a planned board of directors meeting that is actually held between the time the forms are completed and filed, then the presentation of the forms and discussion of the information shall occur at the first convened meeting thereafter. Several issues such as personal availability, the completion of tax material close to deadlines, the possible need for consultation with professionals can affect availability of the information, and dates when board of directors meetings are held.”

“California transplant services, inc. Has a written conflict of interest policy and it is available to the public by either direct request, or on our website: https://www.safetygraft.com/conflict%20of%20interest%20010109.pdf . The policy is monitored, reviewed and enforced annually or as necessary. All employees are required under the policy to review and sign an acknowledgment of the california transplant services, inc. Conflict of interest policy. A signature on an annual basis acknowledges the following: 1) has received a copy of the conflict of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; and 4) understands that the california transplant services, inc. Is a charitable 501(c)(3) organization, and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Enforcement of the policy is as follows: if the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such a belief and afford the member an opportunity to explain the alleged failure to disclose. If, after investigation of the facts and hearing the response of the member and making further investigation as may be warranted by the circumstances, the board or task force committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate corrective or disciplinary action.”

“The compensation of the organization's ceo and other officers is decided by the governing body after taking into consideration: 1) the functional duties and responsibilities, time and type of responsibilities required by the position, number of years served, consideration for being the founder of the corporation, and taking into account being the top executive accountable for the global operational activities of the firm; 2) consideration of salaries and compensation packages of chief executive officers of similar kind of organizations with adjustments for functional responsibilities, qualification, and regional location; 3) discussion with the governing board and compensation committee to determine the appropriateness, adequacy, and affordability of the salary and other compensation such as coverage by the firm's group medical plan. Compensation is also reviewed to take into consideration the cost-of-living and of housing in the area; and 4) consideration of surveyed compensation of other comparable tissue firm executives and study of compiled data reflecting current compensation in the tissue banking and healthcare industry. The last compensation study was done in july 2022 by the compensation committee.”

“The governing documents, conflict of interest policy and financial statements are made available to anyone requesting the documents upon written request to california transplant services, inc. State and local licenses, fda registration, the conflict of interest and whistle blower policies are available for review on the cts website: catransplant.org. Cts' form 990, form ca 199, schedules and financial statements are posted on the website guidestar.com, and are available for public download from the website.”

“The organization's financial statements have not been audited as of the filing date of the 990, but the organization does plan to complete an audit of its financial statements.”