Childrens Care Hospital & School

“The executive committee is comprised of the chair, vice chair, secretary, treasurer, immediate past chair, chief executive officer, and one director. The committee can act on behalf of the board between board meetings. All actions taken by the executive committee must be ratified by the board of directors.”

“Steve watkins has a business relationship with jay soukup, larry fenton, kimberly nooney, marli schippers, josh pauli, bob mcnaney, tyler haahr, doug berkland, erica deboer, jason hubers, rick kiley, teresa ward, tamera larsen-engelkes, jeff hilgenberg and erik nyberg. The business relationship exists because steve watkins was paid by lifescape. Persons listed as having a business relationship with him serve on the board of lifescape. Additionally, steve watkins and steve wilson have a business relationship.”

“The sole member of the organization is lifescape, a south dakota non-profit, exempt under internal revenue code 501(c)(3).”

“The directors shall be elected by the member and shall be the same persons who serve as the directors of the member.”

“The 990 is reviewed by the chief financial officer and a final copy of the 990 is shared with the board of directors.”

“Lifescape has a conflict of interest policy that is signed annually by each member of the board of directors. In addition, a conflict letter is sent to all board members and senior leaders of lifescape to complete and to disclose any potential conflicts. Restrictions imposed on a person with a conflict would be determined on a case by case basis.”

“The ceo and cfo of cchs are compensated by lifescape, a related organization.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The issue price of the bonds includes the filing organization's share of the entire bond issue, which was issued to lifescape on behalf of the lifescape obligated group. The lifescape obligated group consists of lifescape, children's care hospital and school d/b/a lifescape, south dakota achieve d/b/a lifescape, and lifescape foundation.”

“The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”