Baptist Home Association of the Rocky

“The organization delegates control over management duties to american baptist homes of the midwest. The total management fees paid for fy 2024 were $1,207,800”

“The sole member of the organization is baptist home association of the rocky mountains.”

“The sole member appoints all members of the board of trustees. The president of the sole member is also a voting trustee of the organization.”

“The powers, duties, and rights reserved to the member shall be, but are not limited to, the following: a. The adoption or amendment of mission, philosophy and purpose statements of this corporation and its subsidiary corporations; b. Amendment, revision or restatement of the articles of incorporation or by-laws of this corporation and any subsidiary corporations; c. Merger or consolidation of this corporation or any of its subsidiary corporations, into or with any other corporation or association, and the dissolution or otherwise winding up of the affairs of this corporation and/or its subsidiary corporations; d. Sale, lease, exchange, pledge, encumbrance or other disposition of all, or substantially all, of this corporation's assets or the assets of any of its subsidiary corporations; e. The establishment or incorporation of any new entities, organizations, or associations of this corporation or any of its subsidiary corporations; f. The incurring of long-term debt (debt which will not be totally repaid within a period of 12 months from the date such debt is first incurred) by this corporation or any of its subsidiaries in amounts in excess of those limits established by the corporate member; g. The election or removal, with or without cause, of trustees of this corporation.”

“The form 990 was prepared by the organization's public accounting firm based on information provided by the organization's management. Once a draft of the filing became available, the finance committee of american baptist homes of the midwest reviewed the form 990 at their quarterly meeting prior to filing. They received copies of the draft and the detail was reviewed at that time. Copies of the 990 were then provided to the board members of baptist home association of the midwest - affiliates.”

“A conflict of interest form is signed by all board trustees, administrators, home office directors and vice presidents. At that time, any potential conflict of interest is noted on the form. The information is given to the ceo, board president and audit committee chair. At that time, any potential conflicts are reviewed. If a conflict exists, the conflicted individual either has to correct the conflict of interest or must abstain from participation regarding the conflict of interest topic.”

“The board of directors has a management review committee that reviews the ceo's compensation. The committee determines any compensation adjustments to the ceo. The ceo, executive directors and other top management positions are compared to the most recent cemo study to determine how their compensation compares to peer organizations. This process last included review and approval by independent persons, comparability data and contemporaneous substantiation in 2024. The ceo determines any compensation adjustments to the senior management. This process last included review and approval by independent persons, comparability data and contemporaneous substantiation in 2024”

“The organization's financial statements are available to the public upon request. The organization's governing documents and conflict of interest policy are not available to the public.”

“Other services: program service expenses 2,769,487. Management and general expenses 212,941. Fundraising expenses 0. Total expenses 2,982,428.”

“The process for the oversight of the audit and selection of an accountant has not changed from the prior year.”