Daughters of Charity Ministries of Chicago Inc

“The organization changed it's name from marillac st. Vincent family services, inc. To msvfs holding entity inc. The organization dissolved effective 2/24/2016.”

“Daughters of charity ministries, inc. Is the sole corporate member of the organization. There is one class of membership. Their rights are to approve major changes in mission, major capital expenditures, strategic and financial plans, sale and lease of property, approve changes to bylaws, and approval of the appointment of trustees and chief executive officer.”

“The sole corporate member approves the appointment of members of the governing body.”

“The sole corporate member approves major changes in mission, major capital expenditures, strategic and financial plans, sale and lease of property, approves changes to bylaws, and approves the appointment of trustees and chief executive officer.”

“THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. All voting members of the governing body receive a copy of the 990 prior to the return being filed with the IRS.”

“OFFICERS AND TRUSTEES ARE REQUIRED TO REVIEW, COMPLETE AND SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. THE CHIEF EXECUTIVE OFFICER REVIEWS THE RESPONSES FOR COMPLETION, SIGNATURES AND ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT. IF ANY SUCH INTEREST IS DISCLOSED it is BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES.”

“The annual compensation of the ceo and officers are approved by the board of trustees after reviewing consideration of comparable data. The board of trustees is independent from the ceo and cfo. Approval is documented in the minutes of the executive session of the board of trustees.”

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

“The compensation for Bart Winters, President and CEO, Maureen Hallagan, Chief Program Officer, and Karen Kane, Chief Financial Officer, reported in Part VII are the compensations paid by either the related organization of Marillac St. Vincent Family Services (MSVFS) (formerly Marillac Social Center) or the related organization of Marillac St. Vincent Ministries, Inc. (Ministries) (formerly St. Vincent de Paul Center) for their full time positions. A small portion of their time is devoted to the filing organization.”

“Prior to July 1, 2015, Marillac St. Vincent Family Services (MSFS) Was the parent entity of Marillac Social Center (Marillac) and St. Vincent de Paul (SVDC). During the fiscal year ended June 30, 2015, each of these three entities' Board of Trustees approved a legal realignment in order to achieve greater efficiencies. Below are the major elements of the legal realignment. During the fiscal year ended June 30, 2015, MSFS donated all of its assets and liabilities to Marillac Social Center and St. Vincent de Paul Center. On February 24, 2016 MSVFS Holding Entity, Inc. (formerly Marillac St. Vincent Family Services (MSFS)) was dissolved.”