Mary Queen and Mother Association

“Cardinal ritter senior services (crss) periodically provides the organization with certain management services. Crss pays vendors through the management agent's disbursement system for the organization. This procedure was implemented for the purpose of utilizing the most cost effective method to conserve the organization's processing costs and to provide internal controls to safegauard assets. There is no payment to the managing agent for this cash disbursement system. The organization pays a management and bookkeeping fee to the archdiocese of st. Louis. Additionally, a management fee is paid to the st. Louis archdiocese fund (slaf) for the management of the organization's investments.”

“The organization has one member - cardinal ritter senior services (crss). Additionally, catholic charities of st. Louis (catholic charities) is a member with reserved powers over crss, by which catholic charities has reserved powers over the organization. The archbishop of st. Louis is a member with reserved powers over catholic charities, by which the archbishop also has reserved powers over the organization.”

“As a member with reserved powers over catholic charities of st. Louis, by which the archbishop of st. Louis also has reserved powers over the organization, the archbishop of st. Louis has the authority to appoint up to 50% of the board of directors and to approve all candidates to the board of directors of the organization.”

“As they are members with reserved powers, various decisions of the organization are subject to approval by cardinal ritter senior services, catholic charities of st. Louis, and the archbishop of st. Louis. Additionally, the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities. However, the crss finance committee recommends approval of the audited financial statements to the crss governing board.”

“The organization has provided a .pdf copy of the form 990 to the members of the governing board via email prior to filing of the tax return. The email sent to the governing board requests that all members review the form 990 as of a select date. Any questions and comments are to be sent to the chief financial officer. Once all questions and comments are reviewed/cleared by the chief financial officer, the form 990 is accepted for filing and a representation letter is signed by the chief executive officer. At this point, the form 990 is filed with the irs.”

“Upon membership to the board of directors, persons are required to review and sign a conflict of interest policy. Additionally, all other officers, directors, and key employees are required to review and sign a conflict of interest policy on an annual basis.”

“The organization reviews a salary administration program, including pay grades and ranges, that is provided by catholic charities of st. Louis. Additionally, the st. Louis area salary survey report issued annually by the aaim management association is reviewed when preparing salary budgets for the fiscal year. The organization also reviews national and local inflation rates, internal funding abilities, and planned salary budgets for the archdiocese of st. Louis. Annual performance evaluations are also reviewed when determining salary increases.”

“Anyone interested in reviewing the organization's governing documents, conflict of interest policy, and/or financial statements must contact the chief financial officer, as this information is available to the public upon request.”

“Bank services: program service expenses 0. Management and general expenses 18,139. Fundraising expenses 0. Total expenses 18,139. Consulting services: program service expenses 781,840. Management and general expenses 3,013. Fundraising expenses 0. Total expenses 784,853. Other fees and services: program service expenses 35,564. Management and general expenses 3,385. Fundraising expenses 0. Total expenses 38,949. Outside personnel services: program service expenses 210,512. Management and general expenses 17,431. Fundraising expenses 0. Total expenses 227,943. Beauty shop contract: program service expenses 21,952. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,952. Medical director fee: program service expenses 11,350. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,350. Administration-fees & services: program service expenses 215,804. Management and general expenses 723,602. Fundraising expenses 0. Total expenses 939,406.”

“The finance committee of cardinal ritter senior services assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant.”