Antelope Valley Partners for Health

“Avph's outside cpa firm and the executive director prepare the form 990. The form is then reviewed and approved by the organization's executive director, board chair, board treasurer, and secretary. The complete form is provided to and reviewed with the entire governing body prior to filing with the irs.”

“All officers, directors and key employees are covered persons under the organization's conflict of interest policy. Employees are prohibited from engaging in business endeavors which compete with the organization. Employees are also prohibited from having a financial interest in an outside concern which does business with, or is a competitor of, the organization (except where such ownership consists of securities of a publicly owned corporation regularly traded on a public stock exchange). Employees that have a possible conflict of interest must notify his/her supervisor and obtain approval in writing prior to engaging further in the conduct, continuing relationships, or supporting business concerns that raise a potential conflict of interest,. All officers or directors, or who are also officers or directors of, or who have a material financial interest either directly or indirectly, in any other corporation, firm, association, or other entity, are interested persons. For any potential conflict of interest, he/she must fully disclose the material facts of the transaction or contract to the board, which will be noted in the board minutes. Any transaction or contract must be authorized in good faith by a unanimous vote of the board without counting the vote of the interested person. Before authorizing or approving the transaction or contract, the board must consider and in good faith decide, after reasonable investigation, that the organization could not obtain a more advantageous arrangement with reasonable effort under the circumstances; and that the transaction or contract is entered into for its own benefit. The transaction or contract must be fair and reasonable at the time the transaction or contract is entered into.”

“The board of directors has a policy for reviewing and approving the compensation packages of the executive director on a regular basis to determine it is fair and reasonable with the goal of retaining employees at compensation levels within appropriate market range. The policy provides that the review and approval of the compensation arrangement will be conducted, in advance, by independent and impartial members of the board (or a committee of the board). The board reviews comparability data such as compensation paid by similarly situated nonprofit and for-profit organizations for comparable positions in the same geographic area. The board may also review current compensation surveys compiled by independent firms and consider recent written offers from similar organizations competing for the covered individual's services. The documentation of the board includes the terms of the transaction and the date of approval, the members who were present during the debate and vote on the transaction, a description of the comparability data and how it was obtained and relied upon including the recommendations received from third-party consultants, and documentation of the basis for the determination.”

“Governing documents, the conflict of interest policy, and financial statements are available to the public upon request. However, current tax law does not require these documents to be provided to the public.”