Care Alliance

“Review of form 990 - a draft copy of form 990 is reviewed by management and members of the finance committee with the assistance of an outside public accounting firm. After any changes are made, an updated version of form 990 is e-mailed to all board members for comment before it is filed.”

“Monitoring and enforcement of conflict policy - care alliance has identified the vice president of finance as the individual responsible for monitoring and enforcing compliance with the conflict of interest policy. The vp of finance reviews the annual disclosure forms of covered persons and compiles and maintains a list of potentially conflicted entities and individuals. The vp of finance follows the procedures of the policy to determine whether a conflict of interest exists and the procedures for addressing it. The vp of finance documents the decisions related to transactions involving an actual or possible conflict of interest and the appropriate action taken. Such decisions are made by individuals who do not have a conflict with respect to the transaction.”

“Compensation review and approval - care alliance's board of trustees engaged an outside consultant to perform a market-based compensation assessment for all positions. The findings were that, although care alliance's compensation structure was below market, the altruistic mission was a beneficial factor in attracting and retaining qualified staff at the appropriate staffing levels. Annual compensation decisions for executives are made by a sub-committee of the board of trustees based on the compensation survey and performance evaluations. Members of the sub-committee are independent of the individuals whose compensation is being determined.”

“Availability of documents - the governing documents, conflict of interest policy, and financial statements are available to the public upon request.”