Carequest Institute for Oral Health

“Business relationships steven j. Pollock, jeffrey c. Brown, david abelman, gregory p. Winn, pamela d.a. Reeve, dr. Andrew agwunobi, colleen d. Baldwin, kathleen v. Betts, caswell a. Evans jr., thomas j. Galligan iii, linda j. Hall, donald j. Kenney, roderick k. King, todd w. Marshall, evelyn h. Miller, mary v. Kaplan and robert j. Weyant have a business relationship since they jointly serve as officers or directors of the organization and one or more of its subsidiaries.”

“Delegate control over management duties the company hires dentaquest, llc (a related party) to provide management services.”

“Review process the audit committee, a committee of the catalyst board of directors, reviews a final form of the form 990 prior to actual filing. Members of the external tax firm (currently ernst & young u.s., llp) initially discuss, prepare and review the return with management. Management and staff review the 990 for accuracy and completeness and provide comments to the preparer. Once the return is fully analyzed and prepared, a copy is distributed to the audit committee members in advance of a specific meeting. Audit committee members review the draft form 990 and then send to the full board. A copy of the final form 990 is sent to the full board and officers before it is filed.”

“Conflicts of interest monitoring the organization's conflict of interest policy provides that annually, each director, principal officer and member of a committee with governing board delegated powers shall sign a questionnaire affirming that such person received a copy of the conflict of interest policy, read and understands the policy and agrees to comply with the policy additionally, the signed questionnaire affirms that the person understands dental service of massachusetts, inc. Is a charitable organization and that in order to maintain its tax-exempt status, dental service of massachusetts must engage in activities which accomplish one or more of its tax-exempt purposes. Enforcement if the governing board or committee has reasonable cause to believe a board or committee member ("member") has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Who is covered? The organization's conflict of interest policy covers each director, principal officer and members of a committee with governing board delegated powers. Level of determination and review of conflicts in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After presentation of a potential transaction or arrangement is made by an interested person, the remaining disinterested board or committee members shall decide if a conflict of interest exists. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the transaction or arrangement in question. After exercising due diligence, the governing board or committee shall determine if catalyst institute, inc. Can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit and whether it is fair and reasonable. In conformity with the above determination, the governing board or committee shall make its decision as to whether to enter into the transaction or arrangement. Restrictions placed on conflicted persons in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“Compensation policy the process for determining compensation for the organization's ceo and other top management is modeled after the requirements in the internal revenue code section 4958 to establish the rebuttable presumption of reasonable compensation. Compensation is reviewed and approved by a compensation committee ("the committee") of the board, which is comprised of independent persons, on an annual basis. The committee engaged an independent compensation consultant, which presented to the committee comparable market data from published surveys and forms 990 of comparable organizations to assist in evaluating the compensation for each individual. The committee conducted a review of this comparability data and documented its deliberations and discussions in minutes that are retained with other governance records of the organization. The committee followed the process to establish the presumption that compensation paid to the organization's ceo and other top management was reasonable for purposes of section 4958 by relying on professional advice in a written opinion of reasonableness from independent compensation consultant. The committee informs the board of its decisions at the next board meeting this process was last completed in february 2018.”

“Public disclosure we file a massachusetts form pc with an attached form 990. The form pc is filed with the attorney general's office and is available for inspection by any of the interested public. The governing documents, conflict of interest policy, articles of incorporation and bylaws are made available upon request.”

“other changes in net assets EQUITY IN SUBSIDIARIES 29,750,787 CHANGE IN VALUE (RETAINED EARNINGS) 641,748,506 capital contributions to related organizations (10,912,287) Total other changes in net assets 660,587,006”

“Description:expert advisors & consultants total fees:1648464”

“Description:training consultants total fees:726865”

“Description:audit & legal fees total fees:31575”