Queen of Peace Center

“Queen of peace center pays a bookkeeping fee to the archdiocese of st. Louis. Additionally, an investment management fee is paid to st. Louis archdiocese fund (slaf) for the management of the organization's investments. Along with this, the organization pays a management fee to cardinal carberry senior living center for management of the cathedral tower building, where queen of peace center is located.”

“The organization has one member - catholic charities of st. Louis. Additionally, the archbishop of st. Louis is a member with reserved powers over catholic charities of st. Louis, 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 catholic charities 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. The return is reviewed by management and appropriate revisions are made. A pdf copy of the return is sent to the members of the board of directors. The form 990 is then 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 policy prohibits these persons from using their position to further their own personal gain and requires prompt disclosure of potential conflicts. The bylaws also require directors to abstain from voting on matters involving potential conflicts of interest.”

“The organization reviews salary administration program, including pay grades and ranges which are provided by catholic charities of st. Louis. The organization reviews national and local inflation rates, internal funding abilities, and planned salary budgets for the archdiocese of st. Louis. Annual performance evaluations are reviewed when determining salary increases. Compensation for the ceo is reviewed annually by the compensation committee of the governing board. All other employee compensation is reviewed annually by the ceo.”

“Anyone interested in reviewing the organization's governing documents, conflict of interest policy, and/or financial statements must contact the ceo, as this information is available to the public upon request. Additionally, the organization's annual report is posted on the queen of peace center web-site.”

“Queen of peace center is certified by the department of mental health division of alcohol and drug abuse and division of comprehensive psychiatric services; licensed by the city of st. Louis department of health and the state of missouri department of health.”

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