Hope Network

“The bylaws were amended during the year. The amendments include: clarification with respect to the size of the board, electronic means of participating in meetings, clarification of communication requirements of scheduled meetings, outline of the responsibilities of all committees, and definitions of roles and terms of various board members.”

“All board members receive a copy of the form 990 before it is filed. It is also reviewed by a number of levels of management, including the person signing the return.”

“Conflict of interest forms are completed by all board members annually.”

“Reviews/studies of comparative executive compensation were done by two external and one internal groups. All three reviews were presented to the executive committee of the board who met, discussed, and took action. Board chair communicates the group decision in writing to appropriate staff to execute changes.”

“Hope network makes documents available as required by law. Paper copies are provided upon request presented in person at hope network leadership center.”

“Prof services: program service expenses 555,127. Management and general expenses 0. Fundraising expenses 5,208. Total expenses 560,335. Temporary labor: program service expenses 310,633. Management and general expenses 0. Fundraising expenses 0. Total expenses 310,633. Contractual expenses: program service expenses 1,125,066. Management and general expenses 0. Fundraising expenses 39,457. Total expenses 1,164,523. Adp fees: program service expenses 11,924. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,924. Hiring costs: program service expenses 78,023. Management and general expenses 0. Fundraising expenses 0. Total expenses 78,023. Time clock/time card expense: program service expenses 2,426. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,426. Other affiliation costs: program service expenses 109,888. Management and general expenses 11,212. Fundraising expenses 0. Total expenses 121,100.”

“Transfer of cash from hn rehabilitation services to hn corporate 2,400,000. Minimum pension liability adjustment -1,349,458. Transfer of property from hn corporate to hn rehabilitation services -152.”

“As with prior years, the audit committee assumes responsibility for oversight of the audit and the audited financial statements.”