Health Equity Solutions Inc

“During the calendar year, the organization amended its articles of incorporation. The following changes were made to the articles of incorpation: - stating explicitly that the organization is a nonprofit, non-political, and non-sectarian corporation that shall not issue shares or make distributions. - updating the statement of purposes to use more contemporary language aligning with current activities. - adding detailed descriptions of corporate powers and specific limitations on those powers. - adding restrictions that would apply if the organization were to become a private foundation. - expanding provisions related to the board of directors, including director authority, indemnification, and limitations of liability consistent with connecticut law. - adding a dissolution clause specifying distribution of remaining assets upon dissolution. - clarifying that the organization's activities must remain consistent with its tax-exempt status under section 501(c)(3) and that contributions are deductible under section 170(c)(2). - updating the registered agent information.”

“Health equtiy solutions, inc has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is submitted electronically to the board members for their review and any comments will be reviewed and addressed until the return is finalized and approved for filing.”

“The conflict of interest policy is applicable to any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial or other interest. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy.”

“Compensation for officers is reviwed by the board; salaries for comparable positions at other not-for-profit agencies are taken into consideration when the board discusses compensation. This process is documented in the board minutes. This process was last undertaken in 2023.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request.”