Transitions Centers Inc.

“Due to the small size of the organization's board of directors, it does not have any committees with the authority to act on its behalf.”

“The board of directors reviews a draft of the form 990, which is prepared by the organization's independent accountants. Any resultant comments and changes are incorporated into the form by the independent accountants. A final version of the form 990 is then provided to each member of the organization's board of directors prior to its filing with the irs.”

“All officers and directors of the organization are required to annually file a statement with the president of the board of directors disclosing any potential interests that could give rise to conflicts. These statements are completed at the beginning of each fiscal year and are evaluated by the officers of the organization. Individuals with potential conflicts of interest are prohibited from participating in any deliberations or decisions that may be effected by a potential conflict of interest. All disclosed conflicts of interest are investigated and evaluated to determine an appropriate plan of action.”

“Compensation of the executive director is reviewed on an annual basis by the board of directors. The board of directors annually evaluates the executive director on their performance and reviews and approves the compensation of the executive director using data from comparable organizations. The board documents this process in the minutes, including a description of the compensation, date approved, members present and a description of data used.”

“The organization is included in consolidated, independent audited financial statements. These consolidated financial statements are available to the public via the websites of certain state regulatory agencies as well as upon request. The organization's governing documents and conflict of interest policy are available upon request.”