Cornerstones of Care

“Organization's process to review form 990 the board of directors of the agency retains final responsibility for the preparation of the agency's annual information return (form 990) filed with the internal revenue service. The board delegates the responsibility for the preparation and review of the form to its accounting firm in conjunction with review by internal financial management team. The internal accounting team reviews the 990, the audit council reviews the 990 and approves it to be finalized. Before finalizing, both 990s are sent to their respective boards for review and comment. Final copies of form are provided to the board of directors prior to filing with the irs.”

“Enforcement of conflicts policy and at the time of hire, the ceo or his/her designee shall provide to employees a copy of the conflict of interest policy. In addition, on an annual recurring basis, the ceo or his/her designee shall provide to the corporate directors and all key employees (as identified on the irs form 990) applicable conflict of interest disclosure forms and questionnaires and related policy acknoledgements, which shall be completed to identify any relationships, positions, or circumstances related to any potential conflicts of interest. The ceo will collect the completed forms and review with the board chair and chief financial officer any related party transactions that were disclosed, to assess for presence of conflict of interest and, if so, appropriate steps to mitigate. During the course of business, each member of the board and each key employee shall disclose fully and frankly any and all actual or perceived conflicts or duality of interests of responsibility, whether personal, individual, or business, which may exist or appear to exist. A duality of interest becomes a conflict of interest only if the chairperson of the board decides that a conflict of interest exists, because the duality of interest is so substantial that it could compromise objective decision-making or could otherwise be detrimental to the organization. If a conflict of interest is determined to exist, 1) the individual possessing the conflict of interest, 2) the chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement, 3) after exercising due diligence, the board or committee shall determine whether the organization can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest, 4) if a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest and for its own benefit and whether the transaction is fair and reasonable to the organization. Its decision as to whether to enter into the transaction or arrangement shall be in conformity with such determination. Nondisclosure or information shall be strictly enforced, and records of proceedings shall be entered into the minutes of the board and all committees.”

“Our overall executive compensation strategy is to attract, retain and motivate highly qualified executives. The compensation committee is constructed annually and comprised of the board chair, vice-chair and the following council chairs; finance, strategy, program, events & engagements and the governance committees. This committee oversees the performance evaluation process, including the president/ceo's self-evaluation. Upon approval of the performance objectives, a formal appraisal meeting is held with the president/ceo, board chair and board vice-chair.”

“The organization's governing documents, conflicts of interest policy, and financial statements are available to the public by making a request on-site during the same period of disclosure as set forth in section 6104(d).”

“No changes from the prior year.”