Central Neighborhood Health Foundation

“Central neighborhood health foundation's cfo and ceo review the form 990. Subsequently the form 990, complete with schedules, is provided to the full board during scheduled board meeting before filing with the irs.”

“The organization has a conflict of interest policy that covers all officers, directors, and key employees (covered persons). Policies developed by the board of directors to ensure compliance with the policy include the completion of an annual conflict of interest disclosure questionnaire to disclose any on-going relationships and interests that may present actual or potential conflicts of interest. If the board identifies any potential or actual conflict of interest, such persons are prohibited from participating in the governing body's deliberations and decisions in the transaction. Duty to self-disclose. An interested person is required to make an appropriate disclosure of all material facts, including the existence of any financial interest, at any time that any actual or potential conflict of interest arises. This disclosure obligation includes instances in which an interested person who is a director knows of the potential for a self-dealing transaction, or a transaction involving common directorship related to his or her interests. It also includes instances in which the interested person plans not to attend a meeting of the board or a board committee with governing board-delegated powers at which he or she has reason to believe that the board or committee will act regarding a matter about which he or she may have a conflict. Disclosure of conflicts of others. If an interested person becomes aware of any potential self-dealing or common directorship transaction or other conflict of interest involving another interested person, he or she should report it. Evaluation of potential conflict. The organization has a structured process in evaluating potential or actual conflicts of interest with the following steps: (1) interested persons must disclose the potential conflict to the general counsel, the chairman of the board, or the president and ceo, respectively. (2) the general counsel will assess any impact of the conflict. (3) if necessary, the general counsel will discuss the conflict and proposed remedial action with the chairman of the board, or the president and ceo. After disclosure of all material facts and any follow-up discussion with the interested person with a potential conflict, a determination is made about whether a material financial interest, self-dealing transaction or other kind of conflict exists. If it is determined that an actual conflict of interest exists which also constitutes a self-dealing transaction, then the transaction or matter in question can only be authorized if approved by a vote of a majority of the directors in office, with any interested director abstaining. A transaction in which an actual conflict of interest exists but is not a self-dealing transaction must receive prior approval by a majority vote of the disinterested directors of committee members present at a meeting at which a quorum is present. Procedures for addressing a conflict of interest. Prior to voting on a contract, transaction or matter in which an actual conflict of interest is found to exist, the board or committee will follow these procedures: (a) the interested person may make a presentation at the board or committee meeting at which such transaction is being considered, but after the presentation, he or she will leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (b) the chairperson of the board or committe may, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (c) after exercising due diligence, the board or committee will determine whether the corporation could obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to conflict of interest. (d) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, th”

“Executive compensation, including performance based compensation, is reviewed and determined by the board's executive committee, or the compensation subcommittee in the case of the ceo's compensation. The applicable committee used comparability data obtained from the california primary care association which is prepared by an independent third party. The data represents what 125 similarly situated organizations based on location, budget and size, pay executives for functionally comparable positions. The applicable committee collects the comparable compensation data, debates the issue, and uses it together with the organization's strategy and the executives' qualifications to make compensation recommendations to the full board of directors for approval by voting. The findings of the applicable committee, together with the board's consideration and approval, are recorded in the organization's meeting minutes. This process is repeated annually for the purpose of making adjustments to compensation or the award of performance based compensation.”

“Governing documents, the conflict of interest policy, and financial statements are available to the public upon request. Current tax law does not require these documents to be provided to the public.”

“Contracted medical services: program service expenses 1,905,915. Management and general expenses 366,516. Fundraising expenses 0. Total expenses 2,272,431. Contracted billing staff services: program service expenses 48,224. Management and general expenses 9,273. Fundraising expenses 0. Total expenses 57,497. Contracted administration services: program service expenses 23,435. Management and general expenses 4,507. Fundraising expenses 0. Total expenses 27,942. Consulting services: program service expenses 564,695. Management and general expenses 108,593. Fundraising expenses 0. Total expenses 673,288. Payroll processing fees: program service expenses 4,027. Management and general expenses 93,210. Fundraising expenses 0. Total expenses 97,237. Other contract services: program service expenses 51,312. Management and general expenses 9,868. Fundraising expenses 0. Total expenses 61,180.”

“Business taxes & licenses: program service expenses 27,286. Management and general expenses 16,397. Fundraising expenses 0. Total expenses 43,683. Settlement expenses: program service expenses 0. Management and general expenses 4,556. Fundraising expenses 0. Total expenses 4,556.”

“Asc 842 adjustments 12,644.”