Delta Dental of Colorado

“The organization has one voting member, which is ensemble innovation ventures, a colorado nonprofit corporation.”

“Ensemble innovation ventures has the authority to elect the board of directors.”

“We engage an independent cpa tax professional to prepare our form 990, and board members generally feel this is the appropriate fiduciary process. The audit, investment and finance committee's role then is to evaluate the firm hired to prepare the return and to determine it is appropriately filed. We have taken those steps with our audit, investment, and finance committee. The audit, investment, and finance committee and the board of directors both review and approve form 990 prior to filing with the irs.”

“On an annual basis, board directors are required to complete an electronic conflict of interest survey and an independent/dependent director survey. Completed surveys are reviewed by board counsel. Any potential or perceived conflict or dependency issues are reported to and addressed by the board governance committee. If necessary, the impacted director is removed from any situation involving the potential conflict. Compliance presents each quarter to the board governance committee, and each such presentation includes training materials on the board's responsibilities for compliance oversight and monitoring of the healthcare and corporate compliance landscape. The governance chair is responsible for sharing pertinent contents with the entire board at each board meeting. Ddco conducts an annual compliance training, which is mandatory for all employees to attend. The conflict of interest policy is discussed at this training. On an annual basis, all employees are required to complete a conflict of interest statement and submit any potential or perceived conflict of interest. Receipt of all signed and completed forms are tracked; original forms are kept in the personnel file in the human resources office. Any reported potential or perceived conflicts of interest are reviewed and, if necessary, employees and their manager are advised to remove themselves from any situation involving the potential conflict. Additionally, all new employees receive compliance training and are required to complete a conflict of interest statement. Employees are instructed to complete a new conflict of interest statement during the course of the year, should their situation change. The conflict of interest policy and statement forms are posted on the company intranet.”

“The organization has a compensation committee of the board of directors that is responsible for setting the compensation of the president and ceo on an annual basis. The committee engages the services of a third party to provide ranges of compensation that are appropriatefor the duities required by the position of the president, as well as the other members of the executive leadership team. The ceo and president of the corporation is responsible for the compensation process of the remaining executives of the organization. The organization engages a third party to provide ranges of acceptable increases and compensation levels of average salaries by salary grade.”

“The organization has a compensation committee of the board of directors that is responsible for setting the compensation of the president and ceo on an annual basis. The committee engages the services of a third party to provide ranges of compensation that are appropriate for the duities required by the position of the president, as well as the other members of the executive leadership team. The ceo and president of the corporation is responsible for the compensation process of the remaining executives of the organization. The organization engages a third party to provide ranges of acceptable increases and compensation levels of average salaries by salary grade.”

“The organization maintains copies of the governing documents, conflict of interest policy, and financial statements that are available for public inspection. The organization has a statement on its website, www.deltadentalco.com, that informs the public that these documents are available for public inspection at its corporate headquarters. The organization's annual report is also posted on its website, which states that "complete audited financial statements are available for inspection at our corporate offices upon request". Documents are available for the same period of disclosure as set forth in section 6104(d).”