New Health Services Inc

“NHS has a single class of members, and the sole member of that class is CFI.”

“CFI has the power to elect the Board of Directors of NHS.”

“CFI, the sole member, has the power to (a) adopt and amend the Articles of Incorporation, (b) adopt and approve the Bylaws, and any amendments, modifications, or restatements thereto, (c) adopt and approve the mission, purpose, or scope of the corporation, or a material change of the location, size, or scope of its services, programs, operations, educational affiliations, or related agreements, (d) approve the sale, lease, purchase, creation, dissolution, conveyance, disposal, mortgage, or grant of a security interest of or in any affiliated, controlled, or joint venture entity, any real or personal property or other assets (or any interest in any of the foregoing), or the incurrence of debt for money borrowed or the guaranty of the debt of another, in each case above, other than in the ordinary course of business, (e) approve the merger, consolidation, acquisition, liquidation, or dissolution of the corporation, or the sale of all or substantially all of the assets of the corporation, (f) ratify the appointment and removal of the officers of the corporation, (g) approve annual operating or capital budgets, strategic and long-range plans, major fund-raising programs, or other agreements, and other financial commitments and any material deviations from such budgets, plans, agreements, or commitments, and (h) approve financial, accounting, human resource, employee benefit, and other policies and procedures, and the appointment or engagement of all auditors, legal counsel, and consultants.”

“NHS is an affiliate of CFI, which assists in managing the organization. CFI Finance management and staff completed the Form 990 and related schedules. Following completion, the Form 990 and related schedules were reviewed by the Controller and the CFO. The draft was also reviewed by the Chairman of the CFI Audit Committee prior to submission to the IRS. A copy of the Form 990 was made available to the CFI Board of Directors and Finance Committee prior to submission to the IRS.”

“Annually, all directors and officers complete and sign a statement that provides information regarding their interests, and those of their family members that could give rise to conflicts. The signed statements are kept on file by CFI's Executive Office Manager. CFI's management makes determinations of whether a conflict exists and the members of the governing body review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's discussions and decisions on the transaction.”

“CFI periodically hires an independent consulting firm to perform a study of the compensation of the President and certain other employees based on their job descriptions. The consulting firm conducts market research and determines a fair compensation range for each individual based on a competitive peer group. In between these periodic independent studies, the VP Human Resources determines appropriate compensation ranges for the President and certain other employees by reviewing the Form 990 of similar organizations and other market data. As reports are completed, the President's compensation range is presented to, discussed with, and approved by the executive committee of the governing body.”

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

“NHS previously assisted individuals with special needs to better live and work in the community. No services were provided in 2019.”