Adec Inc

“The organization's management performs a detailed review of a draft of the form 990. A board meeting is then held where a final draft of the full form 990, including all applicable schedules, is presented to each member of the governing body. At the board meeting, the full form 990, along with a summary of key points of the return, are presented and board members are allowed to ask any questions they may have about the return. Once reviewed and approved by the board of directors, the return is then filed with the irs.”

“A conflict of interest questionnaire is sent out annually to each officer and director of the organization. The questionnaire requires each person to answer a series of questions related to various potential conflicts of interest that are specifically asked on the form 990. The organization's compliance officer monitors the responses for any potential conflicts of interest and shares responses with the president/ceo and the chairperson of the board who then determines whether or not an actual conflict of interest exists. Anyone who is determined to have a conflict of interest is not allowed to vote on any matters involving the related conflict of interest. The compliance officer attends all board meetings to ensure compliance with these guidelines.”

“The board chairperson reviews indiana association of rehabilitation facilities (inarf) compensation surveys, as well as performance incentives achieved by the ceo, in determining the compensation for the organization's ceo. The executive finance committee then reviews the findings, deliberates and establishes the amount of compensation. This process was last performed and documented in january 2023. Ceo turnover occurred in january 2023 with the new ceo receiving the same compensation as the previous.”

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

“The executive committee shall consist of the chairperson, vice chairperson, secretary, treasurer, and immediate past chairperson. The executive committee shall have the authority to conduct the affairs of the corporation in the interim between meetings of the board of directors, subject to policy established and regulated by the board of directors. The executive committee shall formulate and propose policy statements to the board of directors relative to governance and the use and protection of the corporation's assets, and shall formulate policy with respect to matters of finance. The governance committee and finance committee shall serve as a resource to the executive committee on these matters. The executive committee will also provide oversight to and for the president/chief executive officer of the corporation in the performance of his/her duties. At least three officers shall constitute a quorum of the executive committee for the transaction of any business in person or by proxy. Regular meetings of executive committee may be held as a part of the board meeting in executive session at a place and time designated by the chairperson.”

“Be employed, and the chance to be a part of their community. Since 1952, adec's mission and work has included providing individuals with intellectual and developmental disabilities the ability to live lives full of informed choice and possibility and free from exploitation and abuse. Adec clients are members of the communities in which they live and contribute through work and volunteering. Today, that mission includes: - helping families who have children diagnosed with a disability get connected to resources including understanding their rights, linking up with an appropriate therapist and having access to extended day and summer camp. - residential services for individuals who benefit from a group home environment and a supported living environment. - employment services that include community employment where adec clients feel the pride of earning a paycheck and interacting with their co-workers. - day service programs in five locations that provide vocational time where adec clients get to flex their creative muscles and have the opportunity of selling their creations to the public. - a "gaining grounds coffee shop" includes specialized conference/meeting rooms in the bristol facility. - a guardianship program that provides much needed advocates when a client's own family is unable to be there. Adec serves over 1,000 individuals with the intent to create a space and programs where individuals with disabilities are cared for and encouraged to try new things. Our mission includes "community" because we've believed since our inception that people with disabilities belong in the community and are a valuable part of the communities in which we all live. Adec clients routinely volunteer in the community, attend community events and interact with others in our community. Since 1952, adec has evolved to fit the needs of those we serve while continuing to advocate and support our clients.”

“Oversight of the financial audit is the responsibility of the board of directors. Our annual audit is first presented to the finance committee for review and recommendation to forward to the full board of directors for approval. Auditors present the results of the audit to the full board of directors at a regularly scheduled meeting. The board of directors is able to ask any questions or raise concerns with the auditors at that time. Once the board has been satisfied, they will vote to approve the annual audit.”