Wellness Networks Inc

“Effective 5/1/24, the organization adopted the policies of its sole corporate member, vivent health. There is an executive committee that shall act on behalf of the full board between regular meetings of the board of directors; provided, however, that the executive committee shall not have the power to elect or remove directors or officers of the corporation, including the president & chief executive officer, fill vacancies on the board of directors or on any board committee, or approve any corporate acquisition or merger. The executive committee shall oversee the organizational expansion of the corporation, including the implementation and execution of mergers and acquisitions. Any actions taken by executive committee shall be ratified by the full board at its next regularly scheduled meeting.”

“Effective 5/1/24, vivent health became the sole corporate member, and the organization's governing documents were amended to reflect the change. The organization adopted vivent health opertional/program policies as of this date.”

“Effective 5/1/24, the organization adopted the policies of its sole corporate member, vivent health. The board of directors has designated the finance committee of the board to act as the audit committee. As part of that role, the committee conducts a detailed review of the 990 prior to its filing. The committee provides a report of the results of that review along with a copy of the 990 to the full board of directors prior to filing the form.”

“Effective 5/1/24, the organization adopted the policies of its sole corporate member, vivent health. On an annual basis, finance, audit, and risk committee of the board of directors reviews the current written conflict of interest policy and makes recommendations for any necessary change to the full board of directors for adoption. The corporate secretary distributes and collects the conflict of interest policy and questionnaire to officers, directors, trustees, and key employees. The questionnaires are then reviewed by executive management for possible conflicts of interest.”

“Review and approval by board based upon comparable data, deliberation, and discussion. Effective 5/1/24, the organization adopted the policies of its sole corporate member, vivent health, which included how the ceo's compensation would be determined going forward.”

“The organization makes its form 990 available to the public in two ways, electronically through guidestar.org and on its own website. The executive vice president & cfo maintains both electronic and hardcopy files of the organization's governing documents, audits, and forms 990 and 1023. These documents are available upon request.”

“During the fiscal year, vivent health, inc became our affiliated and managed services partner. Wellness network, inc. Adopted vivent health opertional/program policies on 5/1/2024. Wellness network, inc. And the city of detroit discontinued their funding relationship in april 2024. Although most program services continued despite the funding decrease, a few were eliminated.”

“Effective 5/1/24, the organization adopted the policies of its sole corporate member, vivent health. The board of directors has designated the finance committee of the board to act as the audit committee, which assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”