Civic Intelligence

Obcc Othello Qalicb

990 • Fiscal year 2023 • EIN 85-2793713

Oct 01, 2022 to Sep 30, 2023 • Filed on Jun 11, 2024

PO Box 5371 MS 818-fiSeattle, WA 98145-5005

(206) 884-2378

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.72x

Higher debt load relative to assets than 84% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

93.77x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

1st percentile

-807%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$560,633

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 154.9% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

4th percentile

-16%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$47,143,367

Down $8,876,784 (-16%) from 2022

Net Assets

Down

$13,209,966

Down $2,920,309 (-18%) from 2022

Liabilities

Down

$33,933,401

Down $5,956,475 (-15%) from 2022

Revenue

Down

$361,887

Down $16,105,914 (-98%) from 2022

Expenses

Up

$3,282,196

Up $1,164,230 (+55%) from 2022

Net Income

Down

-$2,920,309

Down $17,270,144 (-120%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2020: $1Liabilities 2020: $02020Assets 2021: $39,534,421Liabilities 2021: $37,753,981Net Assets 2021: $1,780,4402021Assets 2022: $56,020,151Liabilities 2022: $39,889,876Net Assets 2022: $16,130,2752022Assets 2023: $47,143,367Liabilities 2023: $33,933,401Net Assets 2023: $13,209,9662023Assets 2024: $44,229,722Liabilities 2024: $33,933,401Net Assets 2024: $10,296,3212024

Highlighted filing

2023

Assets$47,143,367
Liabilities$33,933,401
Net Assets$13,209,966

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $2,490,374Expenses 2021: $709,934Net Income 2021: $1,780,4402021Revenue 2022: $16,467,801Expenses 2022: $2,117,966Net Income 2022: $14,349,8352022Revenue 2023: $361,887Expenses 2023: $3,282,196Net Income 2023: -$2,920,3092023Revenue 2024: $363,286Expenses 2024: $3,276,931Net Income 2024: -$2,913,6452024

Highlighted filing

2023

Revenue$361,887
Expenses$3,282,196
Net Income-$2,920,309
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jun 11, 2024
Return Version
2022v5.0
Gross Receipts
$361,887
Mission and Program Overview

Mission

To further seattle children's hospital's (sch) mission of providing more care, cures, and hope to families by supporting the construction of a new healthcare clinic located within a medically underserved community for use by sch, the supported organization.

To support seattle children's hospital by supporting the financing of a new healthcare clinic.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$48,541,996$45,755,532▼ $2,786,464
Prepaid Expenses and Deferred Charges$719,114$696,804▼ $22,310
Savings and Temporary Cash Investments$6,758,312$691,031▼ $6,067,281
Cash and Non-Interest-Bearing Accounts$729$0▼ $729
Total Assets$56,020,151$47,143,367▼ $8,876,784
Liabilities
Mortgage Notes Payable Secured by Investment Property$33,680,000$33,680,000→ $0
Accounts Payable and Accrued Expenses$252,600$252,600→ $0
Other Liabilities$5,957,276$801▼ $5,956,475
Total Liabilities$39,889,876$33,933,401▼ $5,956,475
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,130,275$13,209,966▼ $2,920,309
Total Net Assets Fund Balance$16,130,275$13,209,966▼ $2,920,309
Total Liabilities and Net Assets / Fund Balance$56,020,151$47,143,367▼ $8,876,784

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$21,983,028$2,594,270$24,577,298
Buildings$19,593,576$829,127$20,422,703
Equipment$4,178,928$988,504$5,167,432
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tanya SeatonPresident (from 06/23)
Suzanne BeitelPresident (thru 06/23), Treasurer
Dennis Williams JrDirector
Molly NordstromDirector
Laurie OkiSecretary
Russell WilliamsTreasurer (thru 06/23)

Highest Paid Contractors

ContractorServicesLocationCompensation
Absher Construction CoConstruction1001 SHAW RD, Puyallup, WA 98372$1,275,153
Denali Advanced IntegrationIt Services17735 NE 65TH ST STE 130, Redmond, WA 98052$203,476
N B B J LlpArchitecture And DesignPO BOX 742088, Los Angeles, CA 90074-2088$109,660
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$357,000
Investment Income
$4,887
Other Revenue
$0
Change in Net Assets
$-2,920,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,282,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,786,464--$2,786,464
Interest$336,800--$336,800
Fees for Services Other$123,756--$123,756
Fees for Services Accounting-$34,315-$34,315
Fees for Services Legal-$628-$628
Office Expenses-$233-$233
Total Functional Expenses$3,247,020$35,176$0$3,282,196
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PAYABLE TO SEATTLE CHILDREN'S HOSPITAL$801
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Russell williams and tanya seaton each had a business relationship with suzanne beitel.

Form 990, Part VI, Section A, Line 8B

The organization had no committees.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared internally and reviewed by independent tax professionals. The entire board of directors of obcc othello qalicb receives and reviews a copy of the form 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Obcc othello qalicb (the organization") has a conflict of interest policy applicable to its directors and any member of a committee with board delegated authority ("covered persons"). Every covered person is required to disclose potential conflicts of interest concerning any matter under consideration as soon as the potential conflict is determined. Any proposed transaction or arrangement involving a potential conflict of interest is evaluated by the full board of directors. In any transaction or arrangement involving a potential conflict of interest, the covered person must recuse himself or herself from deliberation and voting on the matter under consideration. In addition, any covered person who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that covered person's compensation. Furthermore, for any matter in which a covered person has a material financial interest, the board of directors must determine in good faith that (a) the organization will enter into the transaction for its own benefit; (b) the transaction is fair and reasonable to the organization; and (c) the organization could not have obtained a more advantageous arrangement with reasonable effort under the circumstances. Each covered person is required to complete a conflict of interest form annually, disclosing whether the covered person, or someone with whom a covered person has a close relationship (a family member or close companion), has or has had a financial, employment, or personal relationship with an applicant, grantee or vendor to the organization. Each covered person is required to annually sign a statement which affirms such person: (1) has received a copy of the conflicts of interest policy, (2) has read and understands the policy (3) has agreed to comply with the policy, and (4) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

Obcc othello qalicb makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Obcc Othello Qalicb
EIN
85-2793713
Phone
2068842378
Address
PO BOX 5371 MS 818-FI, SEATTLE, WA 98145-5005

Signing Officer

Name
Suzanne Beitel
Title
Treasurer
Phone
2068842378
Signed
2024-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Beitel
Formed
2020
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET SUITE 1400, BELLEVUE, WA 98004
Preparer
Sara Elizabeth H Jones
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

3 members of the board of directors performed their duties uncompensated.

Raw XML AppendixShowing 400 of 482 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE DIRECTORS OF OBCC OTHELLO QALICB MAINTAINED A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION, SCH, IN THE FOLLOWING WAYS: - THE PRESIDENT IS A SENIOR VICE PRESIDENT (A KEY EMPLOYEE) OF SCH. - THE TREASURER IS THE CHIEF FINANCIAL OFFICER OF SCH. - OTHER DIRECTORS ARE EITHER FORMER TRUSTEES OF SCH OR CURRENT OR FORMER TRUSTEES OF OTHER RELATED ORGANIZATIONS TO SCH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1AS THE SOLE LESSEE OF THE PROPERTY OWNED BY OBCC OTHELLO QALICB, SCH HAS A SIGNIFICANT VOICE IN DAILY OPERATIONS RELATING TO THE PROPERTY AND HAS A LEASE FOR EXCLUSIVE USE OF THE FURNITURE, FIXTURES, AND EQUIPMENT OWNED BY OBCC OTHELLO QALICB. ADDITIONALLY, THE ORGANIZATION RELIED ON SCH RESOURCES AND STAFF TO MAKE CONTRACT PAYMENTS ON ITS BEHALF AND CARRY OUT OTHER ADMINISTRATIVE FUNCTIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE GOVERNING DOCUMENTS STATE THAT THE ORGANIZATION WAS CREATED TO EXCLUSIVELY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, THE EXEMPT ACTIVITIES OF SCH. FURTHERMORE, THE ORGANIZATION IS THE HOLDER OF THE LEASE AND FUNDING USED TO CONSTRUCT A HEALTHCARE CLINIC IN A LOW-INCOME AREA. THIS DIRECTLY FURTHERS SCH'S EXEMPT PURPOSE BY ALLOWING SCH TO CONTINUE TO BE A LEADER IN PEDIATRIC HEALTH AND WELLNESS THROUGH PROVISION OF CARE FOR ALL CHILDREN IN THEIR REGION, REGARDLESS OF A FAMILY'S ABILITY TO PAY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3IN ORDER TO FULFILL ITS MISSION TO CARE FOR MORE CHILDREN ACROSS THE REGION AND REACH COMMUNITIES THAT ARE CURRENTLY UNDERSERVED BY THE PEDIATRIC HEALTHCARE COMMUNITY, SCH WOULD HAVE CONTINUED ITS WORK TO BECOME MORE ACCESSIBLE TO FAMILIES IN THE REGION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SEATTLE CHILDREN'S HOSPITAL
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IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0829127
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0988504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05167432
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021983028
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02594270
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt024577298
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO SEATTLE CHILDREN'S HOSPITAL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045755532
IRS990ScheduleD/TotalLiabilityAmt0801
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0108067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1106541
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt230000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0410373
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1390571
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2368610
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt122875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt27775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019433
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt127544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt212151
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02323
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt11019
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt28915
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUZANNE BEITEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RUSSELL WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2TANYA SEATON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT (THRU 06/23), TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER (THRU 06/23)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT (FROM 06/23)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0560633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1548550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2427451
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt03 MEMBERS OF THE BOARD OF DIRECTORS PERFORMED THEIR DUTIES UNCOMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RUSSELL WILLIAMS AND TANYA SEATON EACH HAD A BUSINESS RELATIONSHIP WITH SUZANNE BEITEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAD NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY INDEPENDENT TAX PROFESSIONALS. THE ENTIRE BOARD OF DIRECTORS OF OBCC OTHELLO QALICB RECEIVES AND REVIEWS A COPY OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OBCC OTHELLO QALICB (THE ORGANIZATION") HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ITS DIRECTORS AND ANY MEMBER OF A COMMITTEE WITH BOARD DELEGATED AUTHORITY ("COVERED PERSONS"). EVERY COVERED PERSON IS REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST CONCERNING ANY MATTER UNDER CONSIDERATION AS SOON AS THE POTENTIAL CONFLICT IS DETERMINED. ANY PROPOSED TRANSACTION OR ARRANGEMENT INVOLVING A POTENTIAL CONFLICT OF INTEREST IS EVALUATED BY THE FULL BOARD OF DIRECTORS. IN ANY TRANSACTION OR ARRANGEMENT INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE COVERED PERSON MUST RECUSE HIMSELF OR HERSELF FROM DELIBERATION AND VOTING ON THE MATTER UNDER CONSIDERATION. IN ADDITION, ANY COVERED PERSON WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT COVERED PERSON'S COMPENSATION. FURTHERMORE, FOR ANY MATTER IN WHICH A COVERED PERSON HAS A MATERIAL FINANCIAL INTEREST, THE BOARD OF DIRECTORS MUST DETERMINE IN GOOD FAITH THAT (A) THE ORGANIZATION WILL ENTER INTO THE TRANSACTION FOR ITS OWN BENEFIT; (B) THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION; AND (C) THE ORGANIZATION COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. EACH COVERED PERSON IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY, DISCLOSING WHETHER THE COVERED PERSON, OR SOMEONE WITH WHOM A COVERED PERSON HAS A CLOSE RELATIONSHIP (A FAMILY MEMBER OR CLOSE COMPANION), HAS OR HAS HAD A FINANCIAL, EMPLOYMENT, OR PERSONAL RELATIONSHIP WITH AN APPLICANT, GRANTEE OR VENDOR TO THE ORGANIZATION. EACH COVERED PERSON IS REQUIRED TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (2) HAS READ AND UNDERSTANDS THE POLICY (3) HAS AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OBCC OTHELLO QALICB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SEATTLE CHILDREN'S HEALTHCARE SYSTEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEATTLE CHILDREN'S HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0910564748
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PEDIATRIC MEDICAL CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 5371 MS 818-FI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SEATTLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0981455005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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