Wnc Birth Center

“The 990 is prepared by independent accountants and reviewed by officers on the board.”

“Enforced as necessary. Any Board Member with a conflict of interest on any specific issue informs the Board and abstains from voting on the issue.”

“In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for employees are determined by the Executive Director. The Board of Directors sets the Executive Director's salary after a check of comparable salary information for similar organizations with similar budgets.”

“Forms 1023 and 990 are available upon request.”

“Governing documents and reviewed financial statements are available upon request.”

“The records of WNC Birth Center are maintained on the modified cash basis of accounting and the accompanying statements have been prepared on that basis.”

“The WNC Birth Center entered into an agreement on 10/01/17 for management and financial services with Women's Birth & Wellness Center (WBWC), a North Carolina nonprofit corporation with its principal place of operation located in Chapel Hill, North Carolina. The terms of the agreement call for WBWC to provide management, administrative and financial services such as providing the use of WBWC employees, managing financial accounts including payroll, negotiating contracts, managing human resource support, and preparing reports for the Organization's Board of Directors.”

“WNCBC entered into a management agreement with Women's Birth & Wellness Center (WBWC) on 10/01/2017 for management, adminsitrative and financial services. At this point all of the WNCBC employee's became employees of WBWC and all of those expenses, with the exception of the executive director's compensation, are reported under management fees.”