St James Place of Baton Rouge

“The board members of the foundation are approved by st. James place of baton rouge (sjp). Sjp board members have authority to elect and remove foundation board members...and vote on all other matters which by law requires the affirmitive action of the membership.”

“The board members of the foundation are approved by st. James place of baton rouge (sjp). Sjp board members have authority to elect and remove foundation board members...and vote on all other matters which by law requires the affirmitive action of the membership.”

“The completed form 990 is distributed to and reviewed by the governing body prior to filing and signed by the chief financial officer.”

“The conflict of interest policy is reviewed and acknowledged in writing annually at a board meeting. A board of directors questionnaire is also distributed annually regarding independence and business transactions. Upon first learning of any actual or possible conflict of interest, an interested person must immediately disclose both the existence of the financial interest and all material facts to the directors and members of the committee or governing board considering the proposed transaction or arrangement. After disclosure and discussion of the material facts, the interested person shall leav the meating while the remaining members vote to decide if a conlict of interest exists. An interested person may make a presentation to the committee or governing board meeting, but after the presentation, he/she shall leave the meeting during the discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. If the committee or governing board determines an interested person has failed to promptly disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The executive committee of the board of st. James place, a related entity, follows an established process when determining ceo compensation. The process includes: 1) assessment of performance against the year's key performance indicators, and key management goals; 2) a survey to all board members, where they ask various performance and relationship questions; 3) the ec has employed various ways to assess market pricing for compensation (national health care surveys/reports; review of 990's of similar organizations, etc.); and then, 4) the executive committee presents their proposal to the full board, in executive session, both the composite assessment of performance, and any proposed adjustment to be made to compensation. Once this process is completed, the chairperson of the board meets with the ceo to review the assessment and compensation adjustment, if any. This process is conducted on an annual basis; the most recent ceo compensation adjustment was eective january 1, 2025. Any change in ceo compensation is authorized in writing by the board chair and submitted directly to the hr director.”

“The foundation's form 990 is available upon request and on guidestar.”

“Documents are filed with regulatory agencies as required, and available upon request. Audited financial statements are filed on electronic municipal market access.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”