Casa Colina Centers for Rehabilitation

“Casa Colina, Inc. is the sole Member of the Organization.”

“The sole member of the filing organization is Casa Colina, Inc. The sole member shall elect the board of directors unless otherwise authorized by the bylaws. Currently, the bylaws authorize certain identified members of the board of directors within the filing organization and related organizations. Actions may be taken by the statutory member on behalf of the filing organization without a meeting if authorized by the board of directors of the statutory member. Authorization is required to be memorialized in writing and signed by an authorized officer of the member and filed with the secretary of the filing organization. The member may increase or decrease the number of board members. The member has the final approval of any changes to the bylaws.”

“The 990 was reviewed by an independent accounting firm for accuracy and completeness. A paper copy of the 990 is made available for review by the Board of Directors prior to filing with the Internal Revenue Service. Each member of the Board of Directors is encouraged to review the 990.”

“The Governance committee of the Board reviews disclosure forms on an annual basis. In addition, the ratio of interested vs disinterested directors is closely monitored. Interested directors are not allowed to hold office or serve on the audit committee. Finally, a protocol has been established that prevents the conversion of a current disinterested director to an interested director.”

“The filing organization relied on a related organization's methods to establish the top management official's compensation. The related organization, Casa Colina Inc., used the following methods to establish compensation for the CEO: The board maintains a compensation committee that conducted an independent compensation consultation and a compensation study. Once approved by the Board of Directors the CEO is then offered a written employment contract.”

“Financial statement information is made available to the public for inspection via the Electronic Municipal Market Access website. In addition, audited financial information is provided to the public for the purpose of grant awards upon request as necessary. The organization's governing documents and conflict of interest policy are available upon request.”

“(Expenses $ 550,173 including grants of $ 0)(Revenue $ 0) Other program services include expenses incurred in conjunction with the investment of excess assets that will ensure future medical and rehabilitation services availability to those in need of it. This expense is related to the investment made primarily to accomplish the foundation's exempt purpose.”

“The number of employees listed in line 2a represents workers employed by Casa Colina, Inc., a related organization with FEIN 95-3655256, on behalf of Casa Colina Centers for Rehabilitation Foundation.”

“Form 1096 was filed by Casa Colina, Inc., FEIN 95-3655256, a related organization.”

“Independent contractors were paid by Casa Colina, Inc., FEIN 95-3655256, a related organization. Amounts paid independent contractors are included on Casa Colina, Inc.'s Form 990.”

“Purchased Services - Total Expense: 1146731, Program Service Expense: 161340, Management and General Expenses: 849219, Fundraising Expenses: 136172;”

“The organization is a Member of the Obligated Group for Casa Colina Inc.'s direct placement notes issued in 2016.”

“Change in other temporarily restricted net assets - -122278; Change in value of charitable remainder trusts - -1092727; Total - -1215005;”