Uspiritus Inc

“While uspiritus is aware that several of our board members have business relationships with each other outside of their service to uspiritus (e.g. Investment and insurance services), uspiritus does not have a policy governing nor does it currently inquire about board members' relationships with other board members.”

“The 990 questionnaires and non-review data are completed by the vp/cfo, in consultation with the vp of advancement and other necessary staff. This data is combined with the reviewed financial data by our public accounting firm and presented to the president/ceo for review. After president/ceo approval, the 990 is reviewed and approved by the finance committee of the board of trustees. Once the finance committee approves the 990, it is filed with the irs and publically posted and made available. The finance committee then reviews the completed and approved 990 with the entire board at its next meeting.”

“Sections v, b and c of the conflict of interest policy specify annual review of the policy and individual compliance status. The actual completion of the specified forms and reviews occur, for all covered parties, at the time of the annual meeting of the board.”

“Compensation levels at uspiritus are approved by the human resources committee of the board of trustees after being set in a process headed by the vice-president of human resources and development. Uspiritus' strategic plan calls for the organization to be an employer of choice in the community. As such, uspiritus' compensation and benefits must be sufficient to attract skilled and dedicated staff. There are complete jobs descriptions listing duties and requirements for each position. Compensation levels are set based on job requirements, using national and local salary surveys, peer recruiting experience, and current market conditions for each distinct position. Minutes are kept from all committee meetings.”

“Uspiritus' governing documents, conflict of interest policy, and monthly financial statements are available by request at the corporate office, 10401 linn station road, suite 100, or through the website at www.bellewoodandbrooklawn.org. Electronic copies are free of charge, while paper copies are $0.10 per page.”

“Change in value of split interest agreements and third party trusts -1,113,222.”

“Uspiritus retains a local, peer-reviewed, public accounting firm, widely recognized to have expertise in the non-profit healthcare field, to complete its annual audit. Certain members of the audit staff have changed completely in the past few years. The final audit report is presented, by the partner in charge of the audit, to the finance committee of the board of trustees. A portion of this presentation is conducted in executive session so that the trustees can talk freely with the audit team about any staff related issues which may arise. After acceptance of the audit by the finance committee, the partner presents the audit to the full board of trustees there is a time for trustees to ask questions. All trustees are provided with a written copy of the audit, management letter and any other germane documents.”