Delta Dental of North Carolina

“Delta dental of north carolina has a sole member, renaissance health service corporation.”

“The sole member has voting rights and elects directors.”

“The sole member has the rights that are prescribed by law, for members of non-profit corporations, including the approval of significant expenditures and ceo appointment.”

“The information presented on the form 990 is gathered by the senior tax administrator for the organization. The cfo reviews the information. Once approved the information is given to outside tax preparers who prepare and review the form 990. Once complete, an electronic copy of the form 990 is placed in a secure portal for the board to review. This is done before the return is filed with the irs.”

“The enterprise's general counsel is charged with reviewing and monitoring any potential conflict of interest transactions. All members of the board of directors, officers, and key employees are required to review and execute a conflict of interest policy. This policy requires that any conflicts of interest be disclosed on an annual basis, or at any other time that the person executing the policy becomes aware of a situation or transaction that actually or potentially creates a conflict of interest. All conflict of interest disclosure forms are initially reviewed by the general counsel. If a prohibited transaction is identified, the matter is escalated to the ceo and to the audit and finance committee of the board of directors for further review and appropriate action. In the event of a conflict of interest involving a member of the board of directors, such as a vote, in which a member has an interest, the member is required to disclose the potential conflict and abstain from any vote on the matter. Whether further precautions are required (e.g., prohibiting the interested party from engaging in discussions) would depend upon the specific nature and background of the conflict.”

“Ceo compensation is set by the executive committee of the board of directors. Market data provided by outside consultants, towers watson, is used to validate the reasonableness of the total compensation package. Compensation for certain officers, including the cfo, is determined and paid through a related organization, delta dental plan of michigan, inc.”

“Compensation of key employees is determined by the ceo. Delta dental plan of north carolina, inc. Contracts with towers watson to do a compensation and reasonableness analysis every two years. The compensation was last reviewed under this process during 2024.”

“No documents available to the public.”

“Certain employees are officers of multiple companies within the larger organization. The average hours worked reflects approximate time spent in each of those individual companies. While the hours are allocated to individual companies, much of the officers' time is spent working on issues that impact the entire organization, not just one company. Compensation is reported in full to agree to the employee's w-2 as required by irs instructions. Any allocation of compensation is included on schedule r.”

“CONTRACT LABOR - Total Expense: 5691990, Program Service Expense: 3295438, Management and General Expenses: 2396552, Fundraising Expenses: ; PURCHASED DENTAL SERVICES - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: , Fundraising Expenses: ;”