Coastal Developmental Services Foundation

“There is a presentation of the form 990 to the board of directors' finance committee for review. After any changes are made on the return, a final draft of the form 990 is approved by the finance committee. Before it is filed, a copy of the final form 990 is forwarded to the entire board of directors.”

“There is a conflict of interest acknowledgement that is issued annually to the board members and staff. If there are potential conflicts of interest, these issues will be resolved in the best interests of the corporation.”

“Officer and key employee compensation is determined through independent review and approval by the board of directors and its compensation committee on an annual basis based on compensation studies and comparables.”

“The form 990 is available upon written or verbal request to anyone who inquires to the organization. Documents including the form 1023, the determination letter, the bylaws, and the financial statements, are posted on the organization's website under the tab "about us."”

“Pursuant to the lanterman act of the state of california, the center is required to appoint persons with disabilities (clients who receive services) or their parents or legal guardians to the board of directors. The lanterman act also requires one board member to be a client service provider. To comply with this state law, the center's board of directors includes 5 clients, 9 parents/legal guardians of clients, and 1 service provider as of june 30, 2014.”

“Health plan rel. Changes other than net per. Post-retirement benefit cost 2,233,368.”

“Pursuant to the terms of the dds contract, equipment purchases become the property of the state and, accordingly, are charged as expenses when incurred. For the years ended june 30, 2014 and 2013, equipment purchases totaled $281,107 and $116,945, respectively.”

“The entity receives funding on an annual basis from the state of california. The regional center contracts with the department of developmental services to provide or coordinate services and supports for individuals with developmental disabilities. The entity does not use its resources to solicit private donations, as any fundraising is carried out by the achievable foundation, an entity that serves as the fundraising arm of the regional center. They will receive unsolicited private donations from time to time.”