Marc Community Resources Inc.

“Copies of the 990 and all related schedules are sent to the Board of Directors for review after being reviewed and approved by the audit committee. Any questions the Board might have are directed back to the Chief Financial Officer. The 990 is then discussed at a full board meeting and approved by the Board of Directors.”

“Enforcing agency policy on conflicts of interest is the responsibility of Marc Community Resources audit committee. This committee dedicates one meeting per year to 1 Ensure all conflict of interest statements have been received, 2 Ensure conflicts are fully understood and implications discussed and disposition agreed upon, 3 Ensure that board members with conflicts, if any, follow policy with respect to voting on matters that they may have a conflict with, and 4 recommend enhancements to existing forms, policies, and training related to conflicts of interest.”

“Each year the Board approves performance goals for the CEO based primarily on the Board approved strategic plan. At the end of the year, the board chair completes a performance evaluation. In addition to the performance evaluation, the board is provided data from the most recent Guidestar Compensation Study and/or credible surveys/studies. The board is provided a five year historical wage analysis that breaks down all the components of comprehensive compensation. Periodically, the agency contracts with an independent organization to conduct a formal compensation study to provide the board with benchmark data and provide independent assurances that compensation is reasonable based on IRS guidelines. Finally the board is provided the breakdown of comprehensive compensation to all officers and key employees that report directly to the CEO. The board convenes to approve compensation that is appropriately comparable per IRS guidelines and consistent with the performance evaluations.”

“The Organization will provide in a timely manner, copies of all policies, procedures, annual financial audits and 990s when requested in writing or in person.”

“Program Service Expenses 5,218,226, Grants and allocations 0, Revenue 6,065,568 Community Day Services. 68 of consumers participating in strength-based programs experienced a progressive move or maintained residency in the most optimal setting during the program year. Considering the severity of disability and the high ratio of supervision required, the day training program was able to still offer 33 community outings each month. This is notable given the funding reduction experienced this past year for day services. 100 of people receiving services expressed satisfaction with the quality of services provided.”

“Program Service Expenses 1,593,857, Grants and allocations 0, Revenue 2,231,436 Outpatient clinic. Marc Community Resources scored over 100 on all measures of consumer, family and funding source satisfaction surveys. 99 of the individuals who were referred to Marc Community Resources Outpatient Clinic received services within seven days of the referral.”

“Program Service Expenses 238,347, Grants and allocations 0, Revenue 179,472 Other Housing. Marc Community Resources received homes from the City of Mesa associated with the Federal Neighborhood Stablization Project. These homes are rented out to qualifying low income tenants.”

“The board of directors have assigned members to an audit committee to oversee the financial statement audit and select the independent auditor.”

“Other Change in Net Assets Equity method income loss from Investment in Subsidiaries 370,531 plus the unrealized gain of the swap to fix variable interest debt of 61,280.”