St Dominic Village

“The organization has an executive committee consisting of the ceo, the officers of the board of directors, and the chair of each committee of the board of directors. The specific duties of the executive committee include, but are not limited to (i) recommend the agenda for meetings of the board of directors; (ii) coordinate the work of other committees, staying informed on proposals being prepared by committees and working with committee chairs to schedule and review proposals prior to presentation to the full board of directors; (iii) appoint chairs of standing and ad hoc committees; (iv) approve policies for oversight and governance of the organization; (v) oversee management of committees; (vi) review the performance of the executive director annually and report the performance summary to the sole member; and (vii) recommend to the board of directors the annual operating budget, strategic plans and major fundraising activities.”

“The sole member of st. Dominic village is the bishop of the archdiocese of galveston-houston.”

“The directors are appointed by the archdiocese of galveston-houston's selection committee.”

“The sole member has the following rights and responsibilities. (i) remove any director, with or without cause, at any time; (ii) approve all amendments to the articles of incorporation or bylaws; (iii) approve the incurrence of indebtedness in excess of $10,000 in any one transaction, the granting of any mortgage or security interest in property to secure indebtedness, or the sale, lease or other disposition of all, or substantially all, of the organization's assets; and (iv) the power to hire and dismiss the executive director, in connection with which the member may appoint a committee to assist in the search for an executive director.”

“The 990 will be reviewed by the finance committee and the cfo for st. Dominic village will lead the discussion with the finance committee.”

“Each director, principal officer, and member of a committee with board-delegated powers shall annually sign a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. Each board member is required to disclose any conflicts. If a conflict is brought to the board's attention or it becomes aware of a potential conflict, the board member must remove himself/herself from the meeting while independent board members vote on the transaction or arrangement. The disinterested board members determine whether a conflict of interest exists.”

“St. Dominic village's board of directors reviews and approves the ceo's compensation. Management utilizes the hospital and healthcare compensation survey to assist in reviewing the salaries of other management.”

“St. Dominic village makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Professional services: program service expenses 3,873,137. Management and general expenses 412,267. Fundraising expenses 23,112. Total expenses 4,308,516.”

“The organization has a committee that assumes responsibility for oversight of the audit. This process is consistent with prior years.”