Compassionate Love Day Care

“Effie lalios and nicholas a. Lalios, d.p.m have a familial relationship.”

“The sole member of the organization is greek american health services foundation.”

“Upon expiration of the term of any board member, the sole member shall elect an individual to fill the seat previously held by. Or reappoint, that member of the board. Any director may be removed from office, with or without cause, by the sole member.”

“The following actions shall be authorized only by a vote of the member of the organization: (a) to alter, amend, or repeal the articles of incorporation, or these bylaws pursuant to article x hereof; (b) to adopt or revise the statements of philosophy, mission, purpose, or goals, or the long-term or strategic plans of the corporation; (c) to approve the merger, consolidation, dissolution, or other change in the corporate structure of the corporation or to revoke any merger, consolidation, dissolution or the change in the corporate structure of the corporation approved by the member; (d) to authorize the sale, lease, exchange, or other disposition of more than $20,000 of the assets of the corporation except as provided in an approved budget of the corporation; (e) to approve the corporation's operating budget and any capital budget; (f) to authorize the entering into contracts or making corporate commitments not included in the approved budget of the corporation that are in excess of $20,000; (g) to approve any non-cash contribution, gift, bequest or devise and approve any cash contribution, gift, bequest or devise that imposes any burden on the corporation; (h) to authorize the corporation to incur any indebtedness (other than: (i) indebtedness to hud; (ii) a line of credit for operations allowing the corporation to draw up to $20,000; and (iii) trade obligations incurred in the regular course of business), guarantee any indebtedness of another entity, or allow any property of the corporation to secure any indebtedness; (i) to purchase, sell, transfer, enter into a long-term lease, or otherwise encumber any real property owned by the corporation or approve any capital improvement in excess of $20,000, unless reflected in a capital budget already provided to the member; (j) to elect, appoint, or remove any of the directors of the corporation; (k) to approve the creation of, or the purchase of, an equity interest in, any legal entity, or entering into any partnership or joint venture (regardless of its legal form), other than passive investments, or a reorganization of the corporation; (l) to assure that all actions of the corporation are consistent with the purposes of the member; and (m) to carry out periodic evaluations of the corporation and otherwise monitor the accomplishment of the goals and the adherence to the philosophy of the corporation; any action taken by the member in any of these matters shall be promptly communicated to the board.”

“The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing. The 990 is then approved and signed by the president.”

“All board members receive the conflict of interest policy annually. A questionnaire is sent to all board members to determine if there is a conflict of interst. Conflicts get resolved as soon as they are discovered.”

“Compensation reported for the secretary, paula a. Tolan-francis, j.d./, has been paid by a related organization and common paymaster, greek american rehabilitation and care centre, inc. (ein #36-3410469). The payment was for her employment at the organization and not for services provided in her capacity on the board of the organization. Teh payment was determined based on standard compensation protocols. Greek american rehabilitation and care centre, inc. Has complied with payroll filing requirements.”

“All governing documents, conflict of interest policy and financial statements are available upon request. Any interested individual can call the organization to request to see these documents.”