Crest View Corporation

“The executive committee is composed of the chair, vice-chair, treasurer, and secretary of the board. The executive committee may act during intervals between meetings of the board of directors, and on matters that need action prior to the regular board meeting when a special meeting of the board cannot be timely convened for action, and on matters for which full board deliberation and action is deemed not essential. The executive committee may provide direction and consultation to the chief executive officer regarding board policies and corporate action. During such intervals and subject to such control and direction, the executive committee shall have and may exercise all of the authority and powers of the board of directors regarding the business and affairs of the corporation, subject to such limitations as the board of directors may impose from time to time.”

“Crest view corporation hired pathways health to provide an interim chief executive officer, the interim chief executive officer was reponsible for the staffing and operationss of the organization. Pathways health employed gabbi anderson to provide these services beginning in june 2024 and received $82,000 in compensation for the services provided by gabbi.”

“The corporation shall have one class of members: christian congregations.”

“The board of directors shall be elected by the members. At least 51% of the board members shall be members of a lutheran church congregation and at least 66% of the board members shall be members of a lutheran church - missouri synod congregation.”

“The power to adopt, amend, or repeal bylaws is vested in the board of directors. The power to override any action of the board of directors as to the adoption, amendment, or repeal of the bylaws or a bylaw is reserved to the members. Similarly, the voluntary dissolution has been approved by the affirmative vote of a two-thirds majority of all the members with voting rights. The articles of incorporation may be amended only by the affirmative vote of a majority of all directors and by the affirmative vote of two-thirds of all members with voting rights.”

“The form 990 is prepared by an independent accounting firm and the draft form is forwarded to the organization's management for review. A draft copy of the form 990 is provided to the members of the board of directors of crest view corporation for review and approval prior to filing.”

“A director may choose to abstain if a conflict has arisen. Any such abstention is recorded in the minutes of the meeting. In certain conflict of interest situations, minnesota statutes section 317a.255 describes disclosures and protective measures to permit an effective vote by the board for a resolution on a matter where a conflict of interest exists.”

“On an annual basis, the board of directors, during the budget process, reviews and approves the ceo's compensation. In 2019 the board of directors was given a compensation survey by an independent accounting firm to review the ceo's against peers in the marketplace. The executive committee approved the ceo's salary. The ceo then reviews and approves the cfo's compensation on an annual basis.”

“The organization's governing documents, conflict of interest policy and the financial statements are open to the public upon request.”

“Other purchased services: program service expenses 3,830,975. Management and general expenses 430,951. Fundraising expenses 0. Total expenses 4,261,926.”

“The process for the oversight of the audit and selection of an independent accountant has not changed from the prior year.”