The Baptist Home Inc

“The board of directors reviews, sets, and approves ceo compensation package. The ceo is responsible for reviewing compensation of top level staff. Research is done by the ceo and/or the human resources department. An objective algorithm is utilized in the hiring and salary determination process.”

“We discovered the bom in independence was stealing cash from the organization and we immediately called the police and had him arrested. He was effectively terminated, new bom policies were implemented with regard to depositing cash, gap testing of checks were also implemented. According to the police, there was over $145,000 stolen.”

“Missouri baptist convention (mbc) is designated as the sole corporate member in the organization's bylaws.”

“The organization's bylaws state that mbc has the sole and exclusive right to elect and remove trustees of the organization or any subsidiary.”

“Mbc has, in its sole and absolute discretion, the following rights: -the sole and exclusive right to elect and remove trustees of tbh or any subsidiary; -the right to recommend, approve, or reject, in writing, any addition, deletion, or other amendment to the articles and/or bylaws of tbh or any subsidiary. -the right to approve or reject the sale, mortgage, lease, pledge, or transfer of all or substantially all of the assets of tbh or any subsidiary. -the right to approve or reject the creation, amendment, or dissolution of any subsidiary of tbh. -the right to have notice of all meetings of the board of trustees of tbh or any subsidiary, to be sent to the mbc executive director. -the right to have the mbc president serve as a non-voting ex officio trustee of the tbh board. -the right to have the mbc executive director to serve as a non-voting ex officio trustee of the tbh board and as a non-voting member of any search committee for tbh's president. -the right to have an mbc officer or representative attend any meeting of the board, if the mbc president is absent and designates his representative. -the right to approve or reject any material change in the ministry purposes or strategies of tbh or any subsidiary.”

“The form 990 is prepared by an independent accounting firm based on the information provided by the accounting department of the organization. A draft of the form 990 is reviewed by the organization's director of finance and then distributed to the board for review before filing.”

“The conflict of interest policy is reviewed annually by each trustee, officer and key employee and is to acknowledge in writing that he or she had done so. A conflict of interest disclosure form is signed by each trustee, officer, key employee and volunteer annually at the beginning of each calendar year. If a conflict of interest should occur involving action on a contract or transaction during any board or committee meeting the trustee, officer, key employee or volunteer is to provide full disclosure of all facts material to the conflict to the full board while in the meeting. This conflict is to be reflected in the minutes. Any trustee, officer, key employee or volunteer present and aware of a potential conflict of interest involving another trustee, officer, key employee or volunteer must report the potential conflict to the full board. A person who has a conflict of interest is not allowed to participate in or be permitted to hear the board's or committee's discussion except to disclose material facts and to respond to questions. Such person will be excused from the meeting, shall not be counted in determining quorum, shall not exert any influence of any kind and is not allowed to vote action on a contract or transaction during any board or committee meeting relevant to the conflict of interest. Such person shall not be present when the vote is taken, unless the vote is by secret ballot. Such person's ineligibility to vote is reflected in the minutes.”

“The financial statements, governing documents, and conflict of interest policies are available to the public upon request via email.”

“PLEDGE VALUE ADJUSTMENT - -30304; Total - -30304;”