Nonprofit Management Services of Colorado

“Developmental pathways, inc., a related exempt organization, elects the board of nonprofit management services of colorado.”

“The organization does not have any committees with the authority to act on behalf of the governing body.”

“The tax accountant prepares a draft of the form 990 which is reviewed by the vp of finance and the chief financial officer. Once all review comments and questions are cleared, the form is presented to the finance committee of the board of directors for approval. A copy of the tax return is made available to the board of directors for their review prior to filing with the irs.”

“Each member of the board of directors is asked to sign a conflict of interest statement annually. The board members are asked to disclose new conflicts of interest at each board meeting. Potential conflicts are reviewed by the cfo. Any directors with a conflict of interest shall not vote or provide any influence on the conflicting matter.”

“For compensation paid to the chief executive officer, the organization uses the form 990 of other similar organizations, a compensation survey, and approval by the board of directors to establish compensation amounts. The chief executive officer uses the same comparability data described above, to determine the compensation paid to other top management officials and key employees.”

“The organization's audited financial statement, governing documents, and conflict of interest statement are available upon request.”

“The compensation paid to the chief executive officer, chief financial officer, and the chief operating officer is paid for by nonprofit management services of colorado (nmsc). In addition to providing services to nmsc, the top management officials listed above also provide services in their respective positions to other related tax-exempt organizations. Although compensation is paid from nmsc, the amounts reported on form 990, part vii, section a represent compensation and benefits paid to these individuals and charged to the respective companies for their services provided to the filing organization as well as other related tax-exempt organizations. Provided below is breakdown of compensation and benefits paid to these individuals for their services provided to each tax-exempt organization. Ceo cfo coo comp./benf. Comp./benf. Comp./benf. Dp housing corp. I,ii,iii $1,780 $1,443 $1,506 developmental pathways, inc. $154,293 $61,547 $114,458 nmsc $11,869 $84,628 $30,121 continuum of colorado, inc. $33,232 $28,850 $50,201 sun foundation $36,199 $15,868 $4,518 ------- ------- ------- total compensation & benefits $237,373 $192,335 $200,804”

“Debt forgiveness to related entities -56,955.”