Recovery Resources DBA 407- Recovery Resources

“The finance department works with the independent accounting firm to prepare the form 990. A draft return is sent to the president, chief financial officer, and members of the finance and investment committee for review before the return is finalized. The finance and investment committee reports to the full board and copies are made available to all directors prior to filing with the irs.”

“Each board member has an annual requirement to complete a questionnaire disclosing whether they have a conflict of interest. Throughout the year, members are required to disclose any changes in their relationships that might create a conflict of interest. If such a conflict exists, it is reviewed by a disinterested committee to determine whether it is material. If it is material, the member with the conflict will abstain from voting on all related matters. Due diligence to enforce this policy is done on an ongoing basis. A conflict of interest is not permitted to exist unless a majority of disinterested board members determine that the arrangement is in the organization's best interest and a more advantageous transaction or arrangement is not reasonably possible.”

“The director of human resources reviews published salary guides and compensation of ceos in like agencies, in order to make a recommendation to the executive committee regarding the compensation for the president. The board reviews and authorizes the president's compensation via an executed contract and identified deliverables. A similar process is followed for the compensation of other key employees.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request, either in hard copy or pdf form, for the same period of time as set forth in irc section 6104(d).”

“During fiscal year 2016, recovery resources received funding for three new federal grant programs: a high-impact hiv-prevention grant funded through the centers for disease control ("cdc"), and two grants funded through substance abuse and mental health services administration ("samhsa"), primary and behavioral health care integration ("pbhci"), and mental health first aid ("mhfa"). Pbhci is a grant that allows behavioral health clients to receive treatment from a primary care physician in addition to mental health treatment. Mhfa funds prevention trainings at local colleges and universities to teach mental health coping skills to college-aged individuals who may be at risk. The cdc program is funded at $757,793 per year, the pbhci at $400,000, and mhfa at $123,969 per year.”

“Professional contracts: program service expenses 672,920. Management and general expenses 943,482. Fundraising expenses 69,093. Total expenses 1,685,495.”