Northern California Pet Imaging Center

“The organization contracted with imagemed group, llc (img) for management services and the services of the executive director. Subject to oversight by the ncpic board of directors, img is responsible for the day-to-day management and administration of ncpic. Compensation paid to the executive director is reported in form 990, part vii, section a and schedule j, part ii. Total compensation was rendered to img for calendar year 2018 was $464,596.”

“The organization amended its articles of incorporation for the following: 1) article 11.8: "the specific and primary purpose of this corporation is to provide molecular imaging, therapy, research and related services to persons in need of such services." 2) article v: "all properties, monies, assets of this corporation are irrevocably dedicated to charitable healthcare and research purposes and no part of the net income or assets of this corporation shall ever inure to the benefit of any director, officer or member thereof or to the benefit of any private person. Upon the dissolution or winding up of the corporation, all its properties, monies and assets remaining after the payment, or provision for payment, of all debts and liabilities of this corporation shall be transferred exclusively to and become the property of such nonprofit funds, foundations or corporations as are selected and designated by the board of directors of this corporation and which are organized and operated exclusively for charitable purposes and have established their tax-exempt status under section 501(c)(3) of the internal revenue code." the organization amended its bylaws for the following: 1) the specified organizations were removed including the requirement for approval for certain actions, now reserved to approval by the board of directors. 2) the number of board directors shall not be less than four nor more than seven. No more than 49% of the board may be interested persons. 3) the directors are elected by the organization's board of directors rather than the specified organizations. Vacancies may be filled and directors may be removed by action of the board rather than the specified organizations. 4) the officers of the organization are the chair, vice chair, secretary and chief financial officer. One person may hold two or more office, provided however, that neither the secretary nor the chief financial officer may serve concurrently with the chair position. 5) the qualifications and duties for the officer positions were revised and the qualifications and duties of the vice chair were added. 6) amendments to the bylaws requires affirmative vote of at least three members of the board of directors.”

“A copy of the form 990 will be electronically available to each member of the board of directors. At its regularly scheduled meeting, the board of directors will discuss the return, a vote will be called to approve the return, and document the board of director's review of the of the form 990 and form 990-t.”

“The conflict of interest policy is discussed at ncpic board meetings presented by the ncpic corporate council at least annually.”

“Compensation for the executive director has had three formal valuations performed in the past 15 years, with each renewal. The most recent renewal occurred in 2016, the board elected not to do a formal valuation, but used their own comparability data. Compensation for the medical director had a formal valuation performed in 2008. At that time, the compensation was compared to the acr and mgma compensation surveys, which are conducted annually. The review and approval process for compensation changes was last completed in 2016 for the medical director and the executive director for the contracts in place for 2018. The board approved both renewal packages and the processes were documented in the executive session of the ncpic board.”

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

“Providing molecular imaging, therapy, research and related services to persons in need of such services.”

“Repairs and maintenance: program service expenses 85,015. Management and general expenses 216,929. Fundraising expenses 0. Total expenses 301,944. Physician services: program service expenses 402,682. Management and general expenses 0. Fundraising expenses 0. Total expenses 402,682. Medical director services: program service expenses 126,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 126,000. Consulting services: program service expenses 1,508. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,508. Other purchased services: program service expenses 29,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,089.”