Palm Beach Habilitation Center Inc

“Palm beach habilitation center was under the direction and control of the arc of palm beach county, inc. (ein 59-0883386.)”

“The arc's finance committee, which includes the board chair, vice-chair and treasurer, reviews the form 990 in detail, a copy of the form 990 is then sent to each board member in advance of the full board meeting and is approved by the board prior to being filed with the irs.”

“At its annual meeting of trustees, each trustee acknowledges in writing, receipt of the organization's conflict of interest policy and declares any known conflicts. By policy, if a trustee has a conflict with any item presented to the board, the trustee must remove himself or herself from discussion and abstain from voting.”

“A compensation committee is convened to review and set the compensation of the ceo and cfo. The committee consists of members of the board of directors, including the chair and treasurer. The committee reviews the past performance of the ceo and cfo to determine if compensation is worthy of adjustment. The committee also reviews the form 990s of similar not-for-profits' ceo and cfo compensation. Any adjustments in compensation are presented to the executive committee and board of trustees for approval.”

“Upon receipt of a written and signed request, the requester is contacted and the documents are made available for an on-site review, at a date and time, mutually agreed upon by the agency and the requester.”

“The organization does not generally make its governing documents, conflict of interest policy or financial statements available to the public, unless a specific request for them is received. The organization then complies with those requests.”

“Transfer of assets to the arc of palm beach county, inc. -1,219,993.”

“The organization did not change either its oversight process or selection process during the tax year.”

“Beginning october 1, 2021, and again on january 1, 2022, the arc's board of trustees approved certain agreements to acquire the assets and assume the liabilities, along with the programs and operations of seagull industries for the disabled, inc. Dba seagull services (seagull) effective october 1, 2021, and on january 1, 2022, the board of trustees approved an agreement to acquire the assets and assume the liabilities of the palm beach habilitation center, inc. (pbhc) along with pbhc programs and operations. The boards of both pbhc and seagull voted on january 1, 2022, and october 1, 2021, respectively, to amend their respective articles of incorporation and by-laws to have the arc of palm beach county, inc. Named as their corporate sole member and parent organization giving legal control, management and operational responsibilities to the arc's board of trustees and executive management. No consideration was paid by the arc to consummate either transaction. The transactions are recognized under the acquisition method in accordance with financial accounting standards board (fasb) accounting standards codification (asc) 958-805.”