Colorado Access

“On july 1, 2013, the organization assigned all employees and their respective duties to access management services, llc, a wholly-owned subsidiary of the organization, through its subsidiary, access diversified services, inc.”

“The organization currently has three member corporations, each having one voting right: 1) colorado community managed care network, desginated as the "ccmcn member", 2) children's hospital colorado, designated as the "tch member", and 3) a joint membership held between colorado medicine and university of colorado health, designated as the "university member".”

“Each corporate member has the right to designate one individual as their member's representative who shall be entitled to one vote on all matters coming before a meeting of the members. These individuals have been designated "class a directors". Unanimous approval of the members is required, with respect to any matter required to be submitted to a vote of the members in accordance with the articles, bylaws, or the act.”

“Per the corporation bylaws (current version dated october 27, 2023), voting by members - each member shall be entitled to one vote on all matters coming before a meeting of the members. All other matters shall require action by the board of directors. The unanimous vote of the members entitled to vote shall be the act of the members in every case where the vote of the members is expressly required by the act, these bylaws or the articles. Without limiting the foregoing, members are entitled to vote, and unanimous approval of the members is required, with respect to any matter required to be submitted to a vote of the members in accordance with the articles, these bylaws or the act, including the following: (i) the election and removal of class a directors; (ii) the approval of amendments to the articles or these bylaws that would affect the rights, privileges, preferences, restrictions, or conditions of the members or affect the members' quorum, voting, dissolution, redemption, transfer of membership interests, or division of the members into two or more classes of members; (iii) the approval of the sale, lease, exchange or other disposition of all or substantially all of the property of the corporation other than in the usual and regular course of business; (iv) the approval of a plan of merger; (v) the approval of voluntary dissolution of the corporation; (vi) a determination and authorization of indemnification, if member approval is required under article 6 of article vi hereof; (vii) the admission of additional members in accordance with the processes set forth in the members agreement and not inconsistent with the articles; (viii) the removal of a member; (ix) the transfer of membership interests in accordance with the members agreement, as defined below; and (x) if distributions to members are authorized by the board of directors, pursuant to section 3.8 (d)(vi). The allocation of such distributions among the members, and their designees who qualify to receive a distribution in accordance with the articles(xi) of the articles, as set forth in the articles or in the corporation's mission statement. All other matters shall require board action, in accordance with article iii.”

“The information for the irs form 990 return is prepared by the company's controller and reviewed by personnel from the company's human resources and legal departments, and the cfo. The cfo presents the completed return to the company's finance, audit and compliance committee of the board who in turn presents it to the full board as part of the committee's standard financial report. This is done prior to filing the return.”

“If a potential conflict of interest of an officer, director or key employee is identified, discussion is held among the board members to identify the potential risk, without the identified party present. A vote is taken by the board to either remove the party or institute, an appropriate action needed to be taken to reduce the level of risk.”

“The organization uses a consulting firm to review the compensation of executives: cbiz. These surveys are updated every other year and the organization's compensation rates are in line with these surveys.”

“The governing documents, conflict of interest policy, and financial statements are not required to be made available to the general public and therefore they are not made public.”

“Employees who support the operations of colorado access are employees of access management services, llc, a wholly-owned subsidiary of colorado access. Employees support not only colorado access but also the operations of new health ventures, inc. And accesscare services, llc, two additional wholly-owned subsidiaries. There is no tracking mechanism in place to accurately estimate the percentage of time employees spend on colorado access activities.”

“Change in non-admitted assets 409,495.”