Cathedral Foundation of Jacksonville

“The members are the vestry of st. John's cathedral.”

“The members of the organization approve all board members.”

“The final version of the form 990 is emailed to, and reviewed by, the chief financial officer, the ceo/executive director, and all members of the board of directors before it is filed.”

“The organization has a formal conflict of interest policy and conflict disclosure procedure. Each new board member and officer receives as part of their orientation materials a copy of the conflict of interest policy and conflict disclosure procedure and receives training on what constitutes a conflict of interest. Each board member and officer must complete an annual affirmation of compliance and disclosure statement, and agrees to report any future potential conflicts of interest to the chairman of the board. In connection with any actual or possible conflict of interest, the board member or officer must disclose all material facts to the board of directors for their review and consideration. When a motion or issue is raised in a board meeting which contains possible conflicts, the specific board member must abstain from all deliberations and voting on the issue or transaction. All actual or possible conflicts of interest by other managers or employees other than board members or officers must be disclosed to a compliance committee, who then would report any significant issues to the board.”

“The organization's executive committee of the board of directors reviews the compensation and benefits for the two paid officers of the organization, the ceo/executive director and the chief financial officer. There is presently one key employee as defined by the irs. The executive committee considers comparable information from the most recent guidestar compensation survey of non-profit companies and from form 990 compensation data of other non-profit companies in northeast florida. The executive committee determines and approves changes in compensation and benefits. The year 2020 was the most recent year this review and approval process was completed and compensation adjusted.”

“The organization's executive committee of the board of directors reviews the compensation and benefits for the two paid officers of the organization, the ceo/executive director and the chief financial officer and one key employee, the hr director. The executive committee considers comparble information from the most recent guidestar compnesation survey of non-profit companies and from form 990 compensation data of other non- profit companies in northeast florida. The executive committee determines and approves changes in compensation and benefits. The year 2020 was the most recent year this review and approval process was completed and compensation adjusted.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The mission of the organization is to provide essential and innovative resources for individuals, families, and communities to prepare for and support graceful aging. This is accomplished through ownership and operation of subsidized senior housing and handicapped housing and by providing accounting, administrative and other support services to other non-profit entities that provide services to elders in need.”

“Among other services, the organization owns and leases a 120 bed skilled nursing facility to a third-party operator, cathedral gerontology center, inc. And a medical office building to a physicians' group operating under the auspices of a local corporate medical center.”

“Bad debt-op adv to affiliate -2,087,248 bad debt-op adv to cgc -3,008,712 total -5,095,960”