Annunciation Heights

“The following officers are also employees and officers of the archdiocese of denver: archbishop of denver most rev. Samuel j. Aquila, s.t.l., very rev. Randy m. Dollins, v.g., keith parsons, joann nerheim, and rebecca welborn. All individuals serve as officers for annunciation heights without compensation from annunciation heights or the archdiocese of denver. Salary information for these individuals is unavailable.”

“The archbishop of the archdiocese of denver has sole authority to appoint all directors not serving ex-officio.”

“The board of directors is provided a copy of the form 990 for review and approval prior to filing with the irs.”

“All board members and key members of management are required to complete annual conflict of interest questionnaires. Disclosure of potential conflict of interest transactions involving board members is made to the board president, who brings these matters to the board, as necessary. In cases with actual conflicts, the person with the conflict of interest is excluded from the substantive approval of such transactions. Ultimately, the board president determines if a conflict exists and, in the case of an existing conflict, whether the contemplated transaction may be authorized or recommended.”

“In general terms, the 2020 compensation for the executive director was determined by analyzing the budget and comparing the compensation to local and national markets for the same position, and other comparability data. The 2020 compensation was reviewed and approved by the board of directors in connection with the organization's overall budget process. Performance reviews of the executive director will be performed on an annual basis by the board president. Any evaluation of and recommended adjustments to the compensation will be contemporaneously documented.”

“Annunciation heights makes its' governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“Other professional fees: program service expenses 16,793. Management and general expenses 4,219. Fundraising expenses 0. Total expenses 21,012. Shared it costs: program service expenses 198,913. Management and general expenses 60,963. Fundraising expenses 35,048. Total expenses 294,924.”