St Martha'S Hall

“Saint martha's pays a management and bookkeeping fee to the archdiocese of st. Louis. Additionally, a management fee is paid to the st. Louis archdiocesan fund (slaf) for the management of the organization's investments. Along with this, the organization pays a management fee to cardinal ritter senior services for management of the building in which saint martha's is located.”

“The organization has one member - catholic charities of the archdiocese of st. Louis. Additionally, the archbishop of st. Louis is a member with reserved powers over catholic charities of the archdiocese of st. Louis, by which the archbishop has also reserved powers over the organization.”

“As a member with reserved powers over catholic charities of the archdiocese 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 catholic charities of the archdiocese of st. Louis and the archbishop of st. Louis. Additionally, the audit committee of the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities.”

“The form 990 is prepared by an independent accounting firm. A copy of the form 990 is emailed to the governing body and the finance committee of the board of directors for review. Questions and comments from the review process are resolved before the form 990 is e-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 the conflict of interest policy on an annual basis.”

“The executive committee of the board of directors review and determine the executive director's compensation annually. The executive director reviews and determines the compensation of key administrative staff.”

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

“The audit committee of the archdiocese assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant.”