Marc Community Resources Inc.

“Board members wilford cardon, craig cardon and patrick cardon have a family relationship.”

“The filing organization contracted with one of its related organizations, copa health, inc. (copa), for management and programmatic services (medical staff services). Copa provides the ceo and cfo for the filing organization and they were paid the following by copa respectively during the fiscal year for the services they provided to the filing organization. Sharareh najafi-piper, ceo - 43,391 john moore, cfo - $19,750 martin quintana, cfo - $9,857 as copa and the filing organization are related organizations, the calendar year 2022 compensation and benefits for the ceo and cfos are reported on form 990, part vii, section a, columns e and f and schedule j, part ii, row (ii).”

“The organization's articles of incorporation and bylaws were amended in december 2023 and february 2024, respectively, to update the organization's objectives and purposes. The new objectives and purposes are as follows: marc community resources, inc. Provides opportunities for people to be actively involved in determining where and how they live, learn, work and play. The principal objectives and purposes of marc community resources, inc. Include but are not necessarily limited to: 1. To promote the general welfare of persons, including but not limited to age, recovery and end of life care, developmental and physical disabilities, as well as people with behavioral needs, without regard to race, color, creed, sex, age, type or degree of handicap, extent and place of education or habitat. 2. To foster the development of programs and facilities on behalf of such persons. 3. To aid and advise parents and interested groups in the solution of such problems and coordinate the efforts and activities to these groups. 4. To develop a better understanding by the public of the problems of persons with developmental, physical disabilities, mental illness, and/or economic needs. 5. To serve as a clearinghouse for gathering and disseminating information regarding persons with developmental disabilities, physical disabilities, mental illness, and/or economic needs, and to foster the development of integrated programs on their behalf. 6. To solicit and receive funds and obtain, rent and manage property and to do any and all other acts necessary for the accomplishment of the above objectives and purposes. 7. To construct, acquire and manage housing to support individuals served and the general welfare of the community. 8. To plan develop, manage and provide affordable housing and community and economic development programs to low and moderate income individuals and families.”

“Copa health, inc (copa) is the sole member of the filing organization.”

“The full board of directors and officers of copa act as the full board of directors and officers for the filing organization.”

“The following acts require approval from the sole member: (1) amendments to the organization's bylaws, and (2) borrowing money from any lender.”

“Copies of the 990 and all related schedules were sent to the board of directors for review after being reviewed and approved by the audit committee. Any questions the board might have were directed back to the chief executive officer and chief financial officer. The 990 was 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 the enterprise risk, audit, and finance committee of the board of directors. 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.”

“The organization does not currently have any paid officers or employees. However, a compensation policy is in place that would require the board as a whole, as the executive committee, to review the compensation of all officers by comparing their compensation to compensation of individuals in like positions, in like organizations using forms 990, compensation studies, and other available data. The board or committee would then approve any changes in compensation based on this information.”

“The organization will provide, in a timely manner, copies of all policies, the audited financial statements, and/or the governing documents, when requested in writing or in person.”

“Copa health is a 501(c)(3) nonprofit organization dedicated to delivering exceptional healthcare services guided by our six core values - people first, compassion, integrity, perseverance, accountability, and innovation. Copa health inspires health, hope, and happiness by delivering world class solutions to individuals, families, and communities. With a focus on assisting members to achieve long-term stability, we offer integrated healthcare, employment-related services, day programs, in-home supports, counseling, and affordable housing for individuals and families with complex medical, behavioral and/or long-term care needs. We operate affordable supportive housing including rental housing, residential group homes, community living services, individually tailored living arrangements, adult and developmental homes, and supportive housing services as well as health homes providing integrated health services. Our approach to community development combines physical and behavioral healthcare with social services, helping individuals and families live fuller, healthier lives.”

“The organization's articles of incorporation and bylaws were amended in december 2023 and february 2024, respectively, to update the organization's objectives and purposes. The new objectives and purposes are expanded to include affordable housing.”

“Purchased services: program service expenses 7,861,428. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,861,428.”

“Gain on derivative financial instrument - interest rate swap 99,562.”

“The process and authority for selecting the financial statement auditor and for overseeing the financial statement audit did not change during the fiscal year.”