Child Care Associates

“The form 990 is reviewed by the president and ceo and the cfo, then reviewed by the board finance committee. Following the board finance committee's approval, the return is provided to the board of directors for review and approval before filing.”

“To monitor and enforce compliance with the conflict of interest policy, management reviews procurement documentation prior to an authorization to proceed and purchase/transact, new vendors, and transactions outside of the procurement process are reviewed throughout the year for potential conflicts of interest. If any potential conflicts are identified by management, they are provided to the executive committee of the board to review, analyze and evaluate if, in fact, a conflict exists or whether the transaction or business relationship is acceptable, excluding any member(s) who may be involved or affected by the potential conflict of interest. Directors, officers and key employees are required to disclose potential conflicts annually, as well as any time during the year when a new potential conflict may arise. Additionally, the board of directors review and monitor vendors paid over $150,000 annually.”

“The executive director, or top management official: the board-appointed, personnel committee of the organization reviews compensation annually based on a thorough examination of externally prepared data by an independent, competitively-procured, compensation expert. The process includes an annual review of an externally-prepared wage and compensation study. The study utilizes the economic research institute (eri) data for comparable organizations in service offerings, industry, revenue size, geographic area, job duties, and employee expertise. Eri methodology includes data collected from nonprofit 990 forms, salary surveys, and other wage information obtained through various public and private data sources. Base wage compensation and incentives for top management within cca are set by the board of directors using the externally-prepared wage and compensation study. The board has designed their compensation policies to retain leadership. Compensation for disregarded entities for managers is subject to entity performance. The aggregate wage and compensation of all entities is evaluated to the wage and compensation study. The president and ceo contract is a multi-year contract with various incentives designed for retention of the executive, using the wage and compensation study. Top management also has multi-year contractual agreements for incentives designed for retention of the executive that followed the same thorough process of the president and ceo contract. Other officers or key employees: annually, other officers and key employees wage and compensation is proposed to the board's personnel committee of the organization by executives to review and approve based on managements' examination of the wage and compensation study prepared by an independent, competitively-procured, compensation expert. Other officers and key employees are considered positions paid over $150,000 annually. Following the board personnel committee's review and approval, the board finance committee review budgets with proposed wages and compensation for verification of fiscal responsibility of payment fulfillment. After both the board personnel and finance committees review and approve, the board of directors review and approve for final determination. The board of directors and all committees in the review process are provided the external wage and compensation study.”

“The most recent independently audited financial statements, irs form 990, and the organizational annual report are located on the organization's website, updated annually following issuance of such documents. The governing documents and conflict of interest policy are available upon request in person.”

“The twc grants in curantis group llc ended may 2024.”