Interchurch Medical Assistance Inc

“Ima world health provides a draft copy of the federal form 990 to the board of directors for questions and comments prior to submission. Once their review is complete and the board has approved the draft form 990, the federal form 990 is provided to the president and ceo for signature. A copy of the final federal form 990 submission is provided to the board of directors before it is filed with the internal revenue service.”

“Ima's conflict of interest policy (applicable to board of directors and all employees) states that a conflict of interest exists whenever there is a proposed agency transaction in which a director, officer, or staff member has any actual or potential involvement, interest, or relationship, either directly or indirectly. A conflict of interest may also exist when the interests or concerns of an employee, or such employee's immediate family, or any party, group or organization to which such person has allegiance, may be seen as competing with the interests or concerns of the agency. Each employee has a duty to disclose to the president the material facts of any proposed transaction of the agency in which such person has any actual or potential conflict of interest. The required disclosure must be made prior to any consideration of such proposed transaction by the agency. An employee or board member having an actual or proposed conflict of interest shall not participate in the deliberations or decision-making process of the agency regarding the matter under consideration. However, he or she shall provide the agency with any, and all relevant information regarding the matter. The president shall take such additional action as may be required to ensure that the conflict of interest is resolved and shall maintain a record.”

“Determination of president's compensation: an independent compensation consultant performs an analysis annually using independent research which considers the organization's current budget, the current salary of the president, and the number of years the president has served in that position. The analysis is based on various salary surveys to provide a salary range competitive with other similarly situated nonprofits in the geographical area. The resulting findings are provided to the board of directors' officers, who reviews the findings and makes a recommendation to the full board for their approval regarding the president's compensation for the coming year. Compensation of all other staff (including other officers): staff are guided by a salary administration policy developed by corus international. The objective of this policy is to ensure that salaries are commensurate with comparable organizations in the competitive labor market and that salary grades reflect the relative internal responsibility, accountability and know-how of all positions across the organization. Corus international hr evaluates every job description to determine the appropriate salary range for all positions; salary ranges are intended to reinforce career growth, consider market values, and are managed in an equitable manner consistent with organizational values.”

“Ceo compensation is review by the board of directors at the fall board meeting and the approved compensation figures are included in corus's annual budget that is provided to the board of directors for approval.”

“As required by board policy, the organization makes available to the public its audited financial statements, irs form 990, a list of current board members, conflict of interest policy and other information that may be helpful to the public in understanding the organization's purposes, goals, activities, and results. This information is available either through corus international and ima world health website, various charity monitoring websites, or upon request for the same period of disclosure as set forth in section 6104(d).”

“(Expenses $ 572,088 including grants of $ 148,400)(Revenue $ 461,213) OTHER HEALTH-BASED CAPACITY BLDG & SVCS”

“Audit adjustment to reconcile beginning net assets - -1311496;”