Advisewell Inc

“Clesi burns, llc, owned by bret clesi (ceo, president, and chairman of advise well, inc.) and patrick burns (vice chairman and vice president of advisewell, inc) provides certain executive, management, human resources, and adminstrative support services to advisewell, inc.”

“Clesi burns, llc, owned by bret clesi (ceo, president, and chairman of advise well, inc.) and patrick burns (vice chairman and vice president of advisewell, inc) provides certain executive, management, human resources, and adminstrative support services to advisewell, inc.”

“Form 990 is prepared by independent accountants based on audited financial statements. Financial statements and form 990 are reviewed annually by the board and are subject to their approval.”

“Conflict of interest policy is reviewed each year. After disclosure of a possible conflict of interests, the disinterested directors of the company (i.e., those who do not have an actual or possible conflict of interest) will determine if an actual conflict of interests exists. If the disinterested directors determine that a conflict of interests exists, they will confer outside the presence of the interested persons to consider alternatives, if any, to the proposed transaction giving rise to the conflict of interests. As the policy states, the disinterested directors are empowered to decline the transaction at issue. However, if a more advantageous alternative is not reasonably possible, the disinterested directors may approve the transaction. If a conflict of interests has not been properly reported, and the failure to disclose has not been adequately explained, the policy mandates that the disinterested directors shall take appropriate disciplinary and corrective action.”

“Salaries for key positions are based on data obtained from national hr software which lists salary ranges by regions and company size. Additional data was also obtained from an independent consultant who initiated salary surveys among similar organizations performing the same services throughout the united states.”

“The organization makes its governing documents available upon request.”

“Telecommunications: program service expenses 10,159. Management and general expenses 11,182. Fundraising expenses 0. Total expenses 21,341. Payroll processing: program service expenses 0. Management and general expenses 15,289. Fundraising expenses 0. Total expenses 15,289. Computer equipment expenses: program service expenses 13,035. Management and general expenses 1,213. Fundraising expenses 0. Total expenses 14,248. Dues and subscriptionns: program service expenses 4,281. Management and general expenses 287. Fundraising expenses 0. Total expenses 4,568. Consultants: program service expenses 1,428. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,428. Education and staff training: program service expenses 1,397. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,397. Miscellaneous expenses: program service expenses 75. Management and general expenses 737. Fundraising expenses 0. Total expenses 812.”