Family Guidance Institute

“Family guidance institute (fgi) board chair, javier martinez also serves as cfo of the related organization, valley-wide health services (vwhs). Based on the irs definition of a business relationship, javier martinez has a business relationship with the following board members, due to the members' employment by vwhs: board vice chair, larry helms, board secretary marisa atencio, bord member (to 12/2023) kristina daniels, and board member (to 12/2023) regana davis.”

“The organization's bylaws were amended to appoint valley-wide health systems as the sole member of the organization, having ultimate authority on approving or removing the positions of the board. The bylaws were amended to provide for five (5) directors, with at least two (2) of the 5 directors, or at least forty percent (40%) of the Directors serving on the board, to be independent of Valley-wide Health system, where by the independent directors are not (1) officers, voting members of the governing board, or employees of Valley-Wide, or (2) spouses or immediate family of currently serving officers, voting members of governing board, or employees of Valley-Wide.”

“Valley-wide health systems is the sole member of the filing organization and valley-wide health system appoints the board members to serve on the filing organization's board.”

“The 990 is reviewed at the monthly board of directors meeting prior to the submission of the 990 to the internal revenue service.”

“Annually, the organization reviews and discusses the conflict-of-interest policy and requests that each board member list and acknowledge any known conflicts. All members of the board of directors and staff are covered under the conlict-of-interest policy. At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict.”

“The family guidance institute currently does not have any paid employees or officers. If compensation was to be paid by the filing organization, the board would review compensation information on the compensation of individuals in like positions, and in comparable organizations, utilizing surveys conducted by the employer's council services, inc.”

“The organization will provide in a timely manner, copier of all governing documents including its conflict-of-interest policies and financial statements when requested in writing or in person.”

“During the year ending june 30,2024, family guidance institute (FGI) transferred all its real and personal property to its related organization, valley-wide Health System (VWHS) and FGI no longer leases these assets to affiliated tax exempt organizations. Also during the fiscal year ending June 30, 2024, FGI served its related organization, VWHS, by holding a note receivable to an outside party, that is related to a new market tax credit for the renovation and operation of the Health System's Rocky Ford clinic.”

“$8,965,979 - net assets transfered to valley wide health systems, inc.”

“Valley-wide health systems is the sole member of the filing organization and has an audit committee that is tasked to oversee the consolidated financial statement audit and select the independent auditor.”