St Francis Community Services

“The organization pays a management and bookkeeping fee to the archdiocese of st. Louis. Additionally, a management fee is paid to the st. Louis archdiocesan fund (slaf) for the management of the organization's investments.”

“Catholic charities of st. Louis is the member of st. Francis community services corporation(sfcs) and holds certain reserved powers, as stated in the sfcs bylaws. The archbishop of st. Louis is a member of catholic charities of st. Louis, and thus a member of the member of sfcs.”

“As a member with reserved powers over catholic charities of st. Louis, by which the archbishop of st. Louis also has reserved powers over the organization, the archbishop of st. Louis has the authority to appoint up to 50% of the board of directors and to approve all candidates to the board of directors of the organization.”

“As they are members with reserved powers, the bylaws reserve certain powers to the member (catholic charities of st. Louis) and the "member of the member" (archbishop of st. Louis). Additionally, the audit committee of the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities.”

“The form 990 is prepared by an independent accounting firm. The return is reviewed by management and any necessary revisons are made. A copy of the form 990 is sent to the members of the governing board prior to filing of the tax return.”

“Each year in august, board members review the conflict of interest policy and are asked to sign a disclosure form. Any disclosure is followed up to ensure that no conflict of interest actually exists, or that steps are taken to eliminate the conflict. No board member is allowed to continue his/her service if a conflict is unresolved. Key staff each year sign a disclosure form and go through the same review process.”

“In fiscal year 2020, catholic charities of st. Louis launched a compensation analysis on behalf all federation agencies. Salary ranges across the federation were updated; positions were placed within the ranges; and the current wages of all employees were reviewed. Sfcs began work on a plan to upgrade the wages of its employees, prioritizing those whose salary does not meet the minimum of their range. The executive director's compensation was reviewed accordingly and will be adjusted in fy21. Also, the executive director - formerly an employee of catholic charities - moved to the sfcs payroll effective july 1, 2019.”

“Governing documents, conflict of interest policies, and financial statements are available by written request to the executive director. Sfcs also provides these documents to funders as part of application and contracting processes; some are shared, by written request, to the public via these entities. Governing documents also are available online through the state of missouri's secretary of state website.”

“The audit committee of the archdiocese of st. Louis assumes responsibility for oversight of the audit of the financial statements and selection of an independent auditor.”