Valley Oaks Health Inc

“The draft 990 is prepared by blue & co., llc (the center's independent cpa firm) and then reviewed by the cfo. After this review has been completed, the 990 is presented to the full board of directors for their review. Once this process has been completed the cfo signs and files the 990 electronically with the irs.”

“All employees, board members and volunteers must sign the conflict of interest policy upon beginning a relationship with the organization. These forms are then submitted to the administrator (for staff members) or president of the board of directors (for board members). The policy requires a full disclosure of all facts pertaining to any transaction that is subject to any doubt. The financial disclosure form is required to be completed annually by all staff and the board of directors. Board members that may have a conflict of interest leave the board meetings during the discussion of, and vote on, the transaction or arrangement involving the possible conflict of interest; or the member will abstain from voting on any potential conflicts. Documented in the board minutes is the interested person and nature of the arrangement/transaction with potential conflict.”

“The organization has a salary administration plan that covers all employees and is based on market surveys that help the organization keep the salaries fair and competitive for each classification of employees. The plan is updated when a base raise is given and also when market adjustments are needed to keep up with the local market for each position. The salary of the ceo is based on different salary surveys which include multiple entities that the executive committee of the board of directors uses as well as consideration of other performance items, to determine the new salary of the ceo.”

“The organization does not have a copy of its form 1023 available for public inspection as it was filed during the time of incorporation in december 1938. The irs has made an exception and does not require organizations with applications filed before july 15, 1987 to make them available for public inspection.”

“The organization makes available these documents in two ways. One - the indiana secretary of state website makes the bylaws for all organizations available and two - the organization makes these documents available by requesting in writing the public document requested and who requested it. Once any applicable duplicating fees are received then the documents will be mailed to the requesting party.”

“Change in post retirement medical plan 40,786.”

“The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accounting firm. The committee process has not changed during the current tax year.”