Madison Street Properties Inc

“The sole stockholder of the organization is the kennedy krieger foundation, inc., a section 501(c)(3) entity.”

“The sole stockholder of the organization is the kennedy krieger foundation, inc., a section 501(c)(3) entity. The kennedy krieger foundation, inc. Has the power and responsibility to elect and remove the board of directors and officers of the corporation.”

“The sole stockholder of the organization is the kennedy krieger foundation, inc. The kennedy krieger foundation, inc. Has the power and responsibility to approve decisions of the board of directors.”

“The irs form 990 was prepared from the audited financial statements for kennedy krieger institute, inc. And affiliates which was approved by the audit and finance committee of the board and the board of directors. A final version of form 990 has been made available to the audit and finance committee and the board of directors through a web portal or email attachment prior to its filing.”

“All employees are required to submit a conflict of interest declaration of outside employment upon hire, annually thereafter, or at such time during the course of employment when the employee enters a business, clinical, or personal relationship that may appear to be a conflict or is in fact a conflict of interest. Senior management will review each conflict of interest disclosure form to determine whether a potential or actual conflict of interest exists. If the determination is made that a conflict of interest does exist, then appropriate measures are taken to rectify the conflict. Board members and senior management submit an annual conflict of interest disclosure questionnaire to disclose existing or potential conflicts that may relate to future decision making. When an actual conflict involving a board member is identified, the director will abstain from voting and not use his/her personal influence on the matter. Situations involving senior management may be handled through the human resources process or considered by the board of directors. Relationships with other providers, educational institutions, manufacturers and payors are reviewed to determine whether conflicts of interest exist. Any conflicts are addressed when they arise. Policies designed to identify and prevent potential conflicts of interest pertaining to contractual business relationships are addressed through the policy on fair business practices.”

“The president/ceo and other senior executives compensation is reviewed and approved annually by the executive compensation committee of the board of directors. Independently developed executive compensation surveys are used to determine reasonableness of compensation levels.”

“Madison street properties' governing documents, conflict of interest policy, form 990 and financial statements are available to the public upon request. In addition, certain financial documents are available through the organization's website. A copy of the form 990 is also available via www.guidestar.org.”

“Janitorial: program service expenses 2,041,891. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,041,891. Security: program service expenses 1,587,191. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,587,191. Contracts: program service expenses 1,183,031. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,183,031. Other purchased services: program service expenses 240,951. Management and general expenses 521,586. Fundraising expenses 0. Total expenses 762,537. Landscaping: program service expenses 224,834. Management and general expenses 0. Fundraising expenses 0. Total expenses 224,834. Laundry: program service expenses 150,017. Management and general expenses 0. Fundraising expenses 0. Total expenses 150,017.”

“Net assets released for equipment - transfer from affilates 7,026,058. Gain/(loss) on interest rate swap 1,185,879.”

“This process has not changed from the prior year.”