Child Mind Institute Inc

“Family relationships: a) phyllis green and randolph cowen are husband and wife b) elizabeth and michael fascitelli are husband and wife c) christine and richard mack are husband and wife d) brooke garber neidich and daniel neidich are husband and wife e) preethi krishna and ram sundaram are husband and wife f) jordan schaps is the son of linda schaps g) zibby owens is the step-daughter of howard katz”

“Cmi's form 990 is prepared by an outside tax preparer based on information provided by cmi finance staff. The draft form 990 is then reviewed by cmi's general counsel and by external independent legal counsel. Prior to filing the form 990 with the irs, a copy of the final version of the form 990 is provided to each member of cmi's board of directors.”

“Cmi's conflict of interest and disclosure policy requires directors and officers to disclose potential and actual conflicts and to recuse themselves from deliberations and votes on matters that involve a conflict. Cmi obtains a signed conflict of interest disclosure form from each director, officer, and key employee on an annual basis.”

“Cmi's board of directors has adopted a written executive compensation review policy, which it follows when approving the compensation and benefits of the president. The president's compensation is reviewed every two to three years by an independent consultant, qualified to review similar positions in comparable non-profit organizations. Each year, the compensation committee of cmi's board of directors, which is composed of non-interested members, reviews the independent consultant's report, including appropriate comparability data, and makes a determination about the president's annual compensation based on all relevant factors, ensuring that the compensation is reasonable. The committee reviews the president's total compensation, which includes both current compensation and all employee benefits, both qualified and non-qualified. The committee's deliberations and decisions are documented contemporaneously in the committee's minutes and retained in cmi's records.”

“Availability of organizational documents: cmi's annual reports, forms 990, and audited financial statements are available on its website. These documents, as well as cmi's governing documents and conflict of interest and disclosure policy, are also available upon request.”

“The compensation of certain other individuals contained in this form 990 is reviewed annually by the executive director (or the president, in the case of the executive director) with the assistance of staff in conjunction with the individual's performance during the year and is based upon other objective factors designed to ensure that the compensation is reasonable. Every two to three years, cmi engages an independent consultant to conduct a review of cmi's pay practices and to establish salary ranges for all positions based on comparability data. Generally, the midpoint of cmi's salary ranges falls within the salary range averages of comparable non-profit organizations. Performance reviews are then used to establish an individual employee's compensation within the appropriate salary range.”

“Although harold koplewicz, md received compensation on his w-2 in excess of $1,000,000, including compensation from a related organization, this compensation is not subject to the tax under section 4960, because (i) part of the compensation was paid by another organization before it became a related organization and (ii) part of the compensation is compensation paid to a licensed medical professional for the performance of medical services. Cmi and the ny practice became related entities pursuant to an affiliation agreement in relation to the ny practice's application for exempt status on july 30, 2021, and the non-medical service compensation from the ny practice from august 2021 to december 2021 for harold koplewicz, md was $135,417. Therefore, the total remuneration to harold koplewicz, md for purposes of section 4960 was $812,888, which is below the $1,000,000 threshold.”

“Bad debt expense -16,385.”