Sound Mental Health

“The form 990 is reviewed by management and the finance & audit committee of the board of directors. The committee, upon acceptance of the form 990, informs the full board of directors of the outcome of the committee's review, and copies of the form are distributed to all board members. At the conclusion of this process, the committee instructs management to submit the form 990 to the irs.”

“The smh bylaws includes a conflict of interest policy, and the board of directors is covered by the policy. Prospective board members are questioned on any existing and/or potential conflict of interest issues during the board member recruitment process. The board has a practice that it is the responsibility of all board members to continually monitor and disclose any new or potential conflict of interest concerns on an ongoing basis. When a conflict of interest occurs, the board determines if there is a conflict of interest, reviews it, and determines if the member(s) involved should be excluded from the particular conversation or vote.”

“Each year (including 2016) the executive committee of the board of directors reviews the ceo's compensation to set the compensation for the following year. The committee uses outside comparable information to set this compensation. The primary source of information is the mental health corporations of america annual salary survey for officers and key employees. The ceo, in turn, completes an annual review process for the compensation of the other employee officers.”

“The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Gloria bernard, stan moffett, george stewart, rhea lutton, david stone, patricia blanchard, and paul eisenhauer each serve one hour per week with the following related organizations: eastside residential opportunities, christopher housing, and shirley bridge bungalows. Rhea lutton, david stone, and paul eisenhauer also serve one hour per week with smhi residential services, a related organization.”

“This number primarily represents the count of unpaid clinical interns who performed patient services at various amounts of hours throughout the year. Fifteen board members served at various times during the year and performed their duties uncompensated.”

“Debt issuance cost presentation - during 2016, the organization implemented the requirements of the financial accounting standards board's accounting standards update no. 2015-03 - interest - imputation of interest (subtopic 835-30): simplifying the presentation of debt issuance costs (asu 2015-03). Asu 2015-03 changes the accounting for debt issuance costs (financing costs) by requiring that such costs be reported on the statement of financial position as a direct deduction to the related liability. Previously, loan fees were reported as a deferred charge asset on the consolidated statement of financial position.”