Monarch

“Please refer to schedule l for relationship disclosures.”

“The 990 is reviewed by the ceo and cfo of monarch, inc., in addition to the finance committee and board of directors. The audit firm completing the form will meet and review the 990 with the ceo, cfo, finance committee and board if requested. The finance committee chair or auditor will review the 990 with the full board prior to filing.”

“Annually, each board member signs the conflict of interest policy. In addition, each board member is charged with identifying their own (or others if noticed) conflicts of interest throughout the year. Evidence of this is recorded in our board minutes when someone has a conflict of interest and excuses themselves from discussion and voting on the issue.”

“The board executive committee shall act as or appoint a compensation committee that has general oversight of the organization's compensation policies and practices for key employees and executives of monarch. Specific duties of the compensation committee include: (1) yearly evaluation of the chief executive of the organization including setting of the ceo's compensation, (2) review and approval of the ceo's recommendations for compensating other executives, and (3) review and approval of policies concerning non-cash or other compensation of executives. Comparable industry data is utilized in the processes described.”

“Governing documents, audit and conflict of interest policy are available at the main administrative office for anyone to review. Form 990 is posted on the guidestar website, and an annual report is placed on the organization's website.”

“Food and provisions: program service expenses 986,530. Management and general expenses 35,501. Fundraising expenses 0. Total expenses 1,022,031. Utilities: program service expenses 637,828. Management and general expenses 56,002. Fundraising expenses 0. Total expenses 693,830. Medicaid assessment: program service expenses 637,879. Management and general expenses 0. Fundraising expenses 0. Total expenses 637,879. Miscellaneous: program service expenses 162,905. Management and general expenses 182,850. Fundraising expenses 0. Total expenses 345,755. Medical services and supplies: program service expenses 149,862. Management and general expenses 2,444. Fundraising expenses 0. Total expenses 152,306. Client recreation: program service expenses 21,697. Management and general expenses 1,253. Fundraising expenses 0. Total expenses 22,950. Living subsidies: program service expenses 20,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,650.”

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