Ridgeview Institute Inc

“The form 990 was prepared by an unrelated and independent accounting firm and reviewed by the chairman of the board of directors.”

“The organization's by-laws contain a section dedicated to conflicts of interest. Board members are required to complete annually a relationship declaration to identify any potential conflicts of interest. In addition, the board requires anyone with interests that could create a conflict to abstain from executive session votes.”

“The board uses the following tools to establish the compensation for the ceo - a compensation committee (comprised of independent board members), a written contract for the ceo, compensation surveys, and board level aproval. The ceo uses benchmark surveys and recruiters to establish the compensation for the other officers and key employees of the hospital.”

“The organization makes these documents available upon request.”

“Ridgeview institute, inc. Sold a significant portion of its assets to us healthvest, llc, during fiscal year 2017. Ridgeview institute, inc. Then donated all of its remaining real and tangible property, as well as the cash proceeds from the sale to us healthvest, to the gift of hope foundation, a 501(c)(3) tax-exempt organization with a mission to provide hope for those suffering, particularly those suffering from mental illness or addiction. Ridgeview institute, inc. Ceased active operations as of january 2017. However, two million of the proceeds from the sale was held back in escrow, which will not be liquidated until two years from the date of sale. Ridgeview institute, inc. Continued to receive payments on receivables from prior operations, and make disbursements in furtherance of its charitable purposes. Ridgeview institute must remain in existence until the escrow is liquidated, it settles its legal affairs, and disposes of its remaining assets.”