Community Futures Foundation and Subsidiaries

“Payroll preparation duties have been outsourced to paychex.”

“The agency's draft form 990 and underlying consolidated financial statements were presented to the agency's finance committee for review and approval on 09-29-17. Upon approval, the draft form 990 and underlying consolidated financial statements were electronically distributed to the agency's board of directors for review and comment approximately 7 days prior to filing.”

“The board of directors, all of whom are independent of the agency, monitors and enforces all known or suspected conflicts of interest through annual disclosures by all board members and discussion/evaluation of all reported or suspected conflicts of interest (exclusive of participation and attendance of the conflicted board member). During the fiscal year, the agency purchased insurance products from rcm&d, an insurance agency that employs the board president. Expense associated with coverage placed by rcm&d during the fiscal year was approximately 15,000. The board president does not receive any compensation in any regard related to transactions between the agency and rcm&d. The board of directors have evaluated this matter and have concluded that the terms of the contractual arrangement with rcm&d are at, or below, fair market value. In accordance with best practices in the brain injury rehabilitation arena and pursuant to recommendations by the agency's accrediting body, the agency's board of directors includes family representatives of members participating in the agency's programs. The board of directors have evaluated the services received by these members and have concluded that such services were not preferential in any manner. These discussions and evaluations are documented in the agency's board minutes.”

“The executive director's compensation and benefit package is reviewed annually by the executive committee of the board of directors, all of whom are independent of the agency. The executive committee uses compensation data provided by independent third parties, internet based research and local/regional data in the annual review.”

“Governing documents are made available to the public upon request to jason a. Young, executive director, at the agency's address.”

“In addition to donors listed on schedule b, the agency wishes to acknowledge the generosity of the following organizations that granted funds to the agency during fiscal year 2017: 1. Goodman allen donnelly, pllc; 2. Patient first corporation; 3. Bb&t; 4. Tree of life services, llc; 5. Altria companies employee community fund; 6. The reco foundation; 7. United way; 8. Women's club of bon air; 9. Tidewater physical therapy, inc.; 10. Give local 757 peninsula community foundation; 11. Career support systems; 12. Bernadine francisan sisters foundation; 13. Rcm&d; 14. Injured workers lawfirm; 15. Cantor, stoneburner, ford, grana, and buckner; 16. First united methodist church of newport news foundation; 17. Golden rule foundation; 18. Wells coleman; 19. Tek rva; 20. Dr. Cecile fumagali and dr. Chad van scyoc, dds; 21. River run dental; 22. Rsm; 23. Bon air rotary club; and 24. Coppertree construction. The agency is also the grateful recipient of financial contributions by 100% of the members of its board of directors and a substantial number of its employees. The agency is accredited through the commission on accreditation of rehabilitation facilities ("carf"). Carf is an internationally recognized non-profit accrediting body that provides accreditation in the human services field focusing on the areas of rehabilitation, employment and community, child and family, and aging services. Carf provides six levels of accreditation ranging from accreditation with stipulations to a full three-year accreditation. In 2006, 2009, 2012 and 2015, the agency received carf's highest accreditation, the three-year accreditation which signifies that the agency (1) satisfies each of the carf accreditation conditions; (2) demonstrates substantial conformity to specific standards of quality; and (3) maintains programs designed and operated to benefit the persons it serves.”

“Volunteers provide board services and assist with program service.”

“The mill house had an average daily census of 12-14 members per day and served approximately 77 individuals during the year ended june 30, 2017. The denbigh house had an average daily census of 11-12 members per day and served 70 individuals during the year ended june 30, 2017. Approximately 5,393 days of professional care were provided to the aforementioned individuals during the year ended june 30, 2017. The mill house and the denbigh house are operating at full capacity. In addition, during the year ended june 30, 2017, the agency provided case management services throughout the greater richmond, virginia community to approximately 128 individual survivors of acquired/traumatic brain injuries. The individuals referred to above were provided vocational rehabilitation, independent living, case management and other community based services. The agency is the grateful recipient of invaluable services from volunteers who provide program services at the mill house and at the denbigh house.”

“Direct fundraising expenses (reported net of revenues) 21,477 direct fundraising expenses (reported net of revenues) -21,477”