2022-04-29T13:51:48-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 232176338 MAZZONI CENTER MAZZ 2155630652 1348 BAINBRIDGE STREET PHILADELPHIA PA 19147 CHRISTINE CHACKO EXECUTIVE FINANCIAL OFFICER 2155630652 2022-04-29 1 CHRISTINE CHACKO 999009999 WILLIAM A LOUGHERY P01603932 2156433900 2022-04-29 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHRISTINE CHACKO 1348 BAINBRIDGE STREET PHILADELPHIA PA 19147 14895077 0 X WWW.MAZZONICENTER.ORG X 1979 PA TO PROVIDE QUALITY COMPREHENSIVE HEALTH, WELLNESS AND LEGAL SERVICES IN AN LGBTQ-FOCUSED ENVIRONMENT. 10 10 187 20 0 0 6114180 7821815 9816883 6487812 160739 133298 176077 95992 16267879 14538917 0 0 0 0 10063570 9819156 0 0 279613 5289609 4661930 15353179 14481086 914700 57831 24606177 24787446 14226950 13540515 10379227 11246931 X THE MISSION OF MAZZONI CENTER IS TO "PROVIDE QUALITY COMPREHENSIVE HEALTH AND WELLNESS SERVICES IN AN LGBTQ-FOCUSED ENVIRONMENT, WHILE PRESERVING THE DIGNITY AND IMPROVING THE QUALITY OF LIFE OF THE INDIVIDUALS WE SERVE." 0 0 3341668 0 2145684 MEDICAL CARE SERVICES:THE ORGANIZATION OPERATES THE LARGEST COMMUNITY-BASED HEALTH CENTER IN PHILADELPHIA SERVING LGBTQ COMMUNITIES IN THE REGION. THE CENTER PROVIDES PRIMARY CARE, PREVENTATIVE CARE, GYNECOLOGICAL SERVICES, FAMILY PLANNING, HIV SCREENING AND CARE, STD SCREENING AND TREATMENT, LAB SERVICES, VACCINE ADMINISTRATION, DERMATOLOGY PROCEDURES, AND LGBTQ-SPECIFIC HEALTH SERVICES.CONTINUED ON SCHEDULE O.IN RESPONSE TO COVID-19, OUR HEALTH CARE, BEHAVIORAL HEALTH, PREVENTION, EDUCATION, LEGAL AND SOCIAL SERVICES MOVED TO VIRTUAL PLATFORMS TO PROVIDE TELE-CARE. ALL SERVICES WERE ABLE TO SUCCESSFULLY ADAPT TO PROVIDE QUALITY REMOTE OR HYBRID SERVICES TO OUR COMMUNITIES. AS A RESULT OF SHIFTING TO TELE-HEALTH SERVICES, THIRD PARTY BILLING DROPPED AS A RESULT OF LOWER REIMBURSEMENT FOR TELE-HEALTH SERVICES AND DECREASED IN-PERSON SERVICES RENDERED. THE ORGANIZATION PROVIDES OUTPATIENT MENTAL HEALTH COUNSELING AND SUBSTANCE ABUSE TREATMENT SPECIFICALLY SERVING LGBTQ COMMUNITIES IN PHILADELPHIA. SERVICES INCLUDE INDIVIDUAL, COUPLE, FAMILY, AND GROUP THERAPY. THE CONTINUUM OF BEHAVIORAL HEALTH SERVICES ALSO INCLUDES PSYCHIATRIC EVALUATION AND MEDICATION MANAGEMENT AS WELL AS AN INTENSIVE OUTPATIENT PROGRAM (IOP) FOR SUBSTANCE ABUSE. IN FISCAL YEAR 2021, THE ORGANIZATION CONDUCTED 9,297 BEHAVIORAL HEALTH SESSIONS FOR 450 UNDUPLICATED INDIVIDUALS. IN ADDITION, THE INTENSIVE OUTPATIENT PROGRAM HAS CONDUCTED 669 IOP SESSIONS WITH 42 INDIVIDUALS. 3235046 0 2077280 SOCIAL CARE SERVICES:THE ORGANIZATION PROVIDES MEDICAL CASE MANAGEMENT FOR PEOPLE LIVING WITH HIV/AIDS AND AT-RISK LGBTQ YOUTH AND ADULTS. SERVICES INCLUDE BIOPSYCHOSOCIAL ASSESSMENT, COORDINATION OF MEDICAL CARE, AND ACCESS TO HEALTH INSURANCE AND OTHER BENEFITS. THE PROGRAM ALSO PROVIDES HOUSING SUBSIDIES AND FOOD BANK SERVICES FOR PEOPLE LIVING WITH HIV/AIDS AND THEIR FAMILIES. IN FISCAL YEAR 2021, 1,279 INDIVIDUALS RECEIVED FOOD, CASE MANAGEMENT, HOUSING SUBSIDY SERVICES, LINKAGE TO MEDICAL CARE, AND ONGOING CONNECTIONS TO COMMUNITY RESOURCES. 2069848 0 1359291 PREVENTION, EDUCATION AND LEGAL SERVICES:THE ORGANIZATION PROVIDES COMMUNITY OUTREACH (STREET, INTERNET, SOCIAL MEDIA, ETC.) AIMED AT LINKING AT-RISK INDIVIDUALS TO HIV TESTING, STI SCREENING, AND OTHER SERVICES. THE ORGANIZATION OPERATES THE LARGEST PRIVATE HIV TESTING AND STI SCREENING PROGRAM IN PHILADELPHIA.IN FISCAL YEAR 2021, THE ORGANIZATION PROVIDED 1,250 HIV TESTS AND OVER 400 TAKE-HOME HIV TESTS IN COMMUNITY-BASED SETTINGS. (DATA TAKEN FROM EVALUATIONWEB DATABASE AND PROVIDED BY THE PDPH, DIVISION OF STD CONTROL). THE OUTREACH TEAM ALSO DISTRIBUTED 49,000 CONDOMS IN THE COMMUNITY.CONTINUED ON SCHEDULE O.THE ORGANIZATION PROVIDES EDUCATION AND PROFESSIONAL DEVELOPMENT TRAININGS ON LGBTQ SPECIFIC ISSUES TO MEDICAL, BEHAVIORAL HEALTH, LEGAL, AND OTHER SERVICES PROVIDERS IN PENNSYLVANIA. IN FISCAL YEAR 2021, 2,060 INDIVIDUALS RECEIVED EDUCATION SERVICES. THE ORGANIZATION PROVIDES DIRECT LEGAL SERVICES TO LGBTQ INDIVIDUALS AND HOUSEHOLDS IN THE PHILADELPHIA REGION. IN FISCAL YEAR 2021, 278 INDIVIDUALS RECEIVED THESE SERVICES. 1404224 0 905557 BEHAVIORAL HEALTH SERVICES:THE ORGANIZATION PROVIDES OUTPATIENT MENTAL HEALTH COUNSELING AND SUBSTANCE ABUSE TREATMENT, SPECIFICALLY SERVING LGBTQ COMMUNITIES IN PHILADELPHIA. SERVICES INCLUDE INDIVIDUAL, COUPLE, FAMILY, AND GROUP THERAPY. THE CONTINUUM OF BEHAVIORAL HEALTH SERVICES ALSO INCLUDES PSYCHIATRIC EVALUATION AND MEDICATION MANAGEMENT AS WELL AS AN INTENSIVE OUTPATIENT PROGRAM (IOP) FOR SUBSTANCE ABUSE. IN FISCAL YEAR 2021, THE ORGANIZATION CONDUCTED 9,297 BEHAVIORAL HEALTH SESSIONS FOR 450 UNDUPLICATED INDIVIDUALS. IN ADDITION, THE INTENSIVE OUTPATIENT PROGRAM HAS CONDUCTED 669 IOP SESSIONS WITH 42 INDIVIDUALS. 1404224 0 905557 10050786 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 126 0 187 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X CHRISTINE CHACKO EXECUTIVE FINANCIAL OFFICER 2155630652 1348 BAINBRIDGE STREET PHILADELPHIA PA 19147 MARK WATKINS PHYSICIAN 40.00 0.00 X 183514 0 27802 HILARY ROSENSTEIN ASSISTANT MEDICAL DIRECTOR 40.00 0.00 X 161413 0 34540 TRICIA DRESSEL DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 111973 0 22828 PRIYANKAR SARKAR PSYCHIATRIST 40.00 0.00 X 130086 0 0 VALERIE CANAVIN DIRECTOR OF COMPLIANCE 40.00 0.00 X 102867 0 21957 NANCY BRISBON EXECUTIVE MEDICAL OFFICER 40.00 0.00 X 246294 0 29039 RACQUEL ASSAYE CHIEF FINANCIAL OFF. TO FEB 2021 40.00 0.00 X 200922 0 39232 ALECIA MANLEY EXECUTIVE OPERATING OFFICER 40.00 0.00 X 189299 0 36601 CHRISTINE CHACKO EXEC. FINANCIAL OFF. FROM FEB 2021 40.00 0.00 X 0 0 0 GEOFFREY BRUEN EXEC. LEGAL OFFICER FROM MAY 2021 40.00 0.00 X 0 0 0 NU'RODNEY T PRAD MS PRESIDENT/TREASURER 10.00 0.00 X X 0 0 0 CHRISTINA PETERSON SECRETARY 10.00 0.00 X X 0 0 0 MARIANNE PRICE GOVERNANCE CHAIR 10.00 0.00 X X 0 0 0 ASHLEY ARCHER BOARD MEMBER 2.00 0.00 X 0 0 0 BOBBI BITTKER BOARD MEMBER 2.00 0.00 X 0 0 0 ASHLEY BRANDT BOARD MEMBER 2.00 0.00 X 0 0 0 TAYLOR COBB BOARD MEMBER 2.00 0.00 X 0 0 0 ELIAS GONZALEZ BOARD MEMBER 2.00 0.00 X 0 0 0 AMY SUMA BOARD MEMBER 2.00 0.00 X 0 0 0 ELTON TAYLOR BOARD MEMBER 2.00 0.00 X 0 0 0 CHRESENCIA ALICEA BOARD MEMBER TO SEP 2020 2.00 0.00 X 0 0 0 KENDRA LEE BOARD MEMBER TO OCT 2020 2.00 0.00 X 0 0 0 SUZI NAM BOARD MEMBER TO DEC 2020 2.00 0.00 X 0 0 0 RICHARD VAN FOSSEN BOARD MEMBER TO DEC 2020 2.00 0.00 X 0 0 0 1326368 0 211999 12 0 1 0 THOMAS JEFFERSON UNIVERSITY 1020 WALNUT STREET PHILADELPHIA PA 19107 HEALTHCARE SERVICES 137861 1 7443440 378375 10500 7821815 THIRD PARTY BILLING 621400 6453185 6453185 PROFESSIONAL DEVELOPMENT/TRAINING 611430 30580 30580 BEHAVIORAL HEALTH PROGRAM 621400 4047 4047 6487812 141018 141018 81878 0 81878 81878 81878 348440 356160 -7720 -7720 -7720 OTHER REVENUE 900099 11001 11001 MEDICAL INCENTIVES 900099 3113 3113 14114 14538917 6487812 0 229290 732997 363218 342681 27098 6931129 5445382 1354959 130788 210826 170082 36835 3909 1332669 1012380 290385 29904 611535 454589 144755 12191 104534 104534 104623 104623 11816 11816 381901 280540 100011 1350 11524 1000 74 10450 261768 127800 112733 21235 147323 117681 27410 2232 365526 123747 240624 1155 374 271 103 51992 9553 42022 417 364513 364513 534109 45593 487248 1268 205266 148670 54394 2202 PROGRAM EXPENSES 1916784 1744783 138723 33278 BAD DEBT 153514 153514 RECRUITING 36654 36654 LICENSES AND DUES 9709 5497 2076 2136 14481086 10050786 4150687 279613 4663376 4634753 3010 2476421 2394487 40107 44184 380359 453741 16431567 2435391 14466842 13996176 2495889 3185476 61603 60059 18570 18570 24606177 24787446 1300482 1567229 14000 229138 10033295 9748162 1986482 1450000 892691 545986 14226950 13540515 X 10321717 11185119 57510 61812 10379227 11246931 24606177 24787446 X 57831 463168 346705 X 0 1 X 1 1 1 X 9187487 6800427 6534058 6114180 7812815 36448967 9187487 6800427 6534058 6114180 7812815 36448967 36448967 95182 192524 191941 216704 222896 919247 120685 186306 35645 89029 14114 445779 37813993 45096839 0.96390 0.96020 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS REVENUE FROM SPECIAL FUNDRAISING EVENTS - 2016 AMOUNT: $ 18,745. 2017 AMOUNT: $ 93,630. PROFESSIONAL DEVELOPMENT - 2017 AMOUNT: $ 34,266. MEDICAL INCENTIVES - 2017 AMOUNT: $ 11,974. 2018 AMOUNT: $ 12,328. 2019 AMOUNT: $ 62,129. 2020 AMOUNT: $ 3,113. LEGAL SETTLEMENTS-CLIENT CASES - 2017 AMOUNT: $ 11,216. 2018 AMOUNT: $ 6,363. MEDICAL RECORDS - 2017 AMOUNT: $ 4,416. 2018 AMOUNT: $ 4,358. REFUNDS - 2017 AMOUNT: $ 4,059. 2018 AMOUNT: $ 3,500. EXTERNAL AGENCIES - 2017 AMOUNT: $ 13,152. 2018 AMOUNT: $ 1,471. JURY DUTY - 2018 AMOUNT: $ 104. OTHER REVENUE - 2016 AMOUNT: $ 101,940. 2017 AMOUNT: $ 13,593. 2018 AMOUNT: $ 7,521. 2019 AMOUNT: $ 26,900. 2020 AMOUNT: $ 11,001. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14282712 1464336 12818376 1109613 100422 1009191 1039242 870633 168609 13996176 LIABILITY UNDER INTEREST RATE SWAP AGREEMENT 545986 545986 X 14991738 463168 1469 464637 14527101 11816 11816 14538917 14470739 1469 1469 14469270 11816 11816 14481086 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. BECAUSE THE ORGANIZATION IS THE SOLE MEMBER OF THE LLC, THE LLC WILL BE TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES AND, THEREFORE, THEIR ACTIVITIES ARE COMBINED WITH THE ORGANIZATION AND REPORTED AS ONE. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. X X X 0 0 0 0 0 0 0 0 0 MARK WATKINS PHYSICIAN 183514 0 0 0 0 0 7115 0 20687 0 211316 0 0 0 HILARY ROSENSTEIN ASSISTANT MEDICAL DIRECTOR 161413 0 0 0 0 0 6585 0 27955 0 195953 0 0 0 NANCY BRISBON EXECUTIVE MEDICAL OFFICER 246294 0 0 0 0 0 9740 0 19299 0 275333 0 0 0 RACQUEL ASSAYE CHIEF FINANCIAL OFF. TO FEB 2021 200922 0 0 0 0 0 7824 0 31408 0 240154 0 0 0 ALECIA MANLEY EXECUTIVE OPERATING OFFICER 189299 0 0 0 0 0 7569 0 29032 0 225900 0 0 0 FORM 990, PART III, LINE 1 THE ORGANIZATION PROVIDES A CONTINUUM OF PREVENTION AND CARE SERVICES, INCLUDING HIV COUNSELING AND TESTING, PRIMARY MEDICAL SERVICES, TRANSGENDER SPECIFIC MEDICAL CARE, MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES, CASE MANAGEMENT, HOUSING, NUTRITION AND FOOD BANK SERVICES, EDUCATION SERVICES AND LEGAL SERVICES. THE ORGANIZATION PROVIDES SERVICES TO PATIENTS AND CLIENTS REGARDLESS OF THEIR ABILITY TO PAY FOR THOSE SERVICES. THE ORGANIZATION DEFINES AND MEASURES ITS "INVESTMENT IN AND "PARTNERSHIP WITH" THE COMMUNITY THROUGH OFFERING OUR LOW-INCOME AND/OR UNINSURED PATIENTS AND CLIENTS SERVICES AT REDUCED COST OR FREE OF CHARGE, AS DEFINED UNDER ITS FINANCIAL ASSISTANCE DEPARTMENTAL POLICIES. KEY ELEMENTS USED TO DETERMINE ELIGIBILITY INCLUDE A PATIENT'S DEMONSTRATED INABILITY TO PAY BASED ON FAMILY SIZE AND HOUSEHOLD INCOME RELATED TO FEDERAL INCOME POVERTY GUIDELINES. BECAUSE THE ORGANIZATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY FOR FINANCIAL ASSISTANCE, THEY ARE NOT REPORTED AS REVENUE. THE ORGANIZATION HAS ESTIMATED ITS COSTS OF PROVIDING CHARITY CARE BY REDUCING THE AMOUNT COLLECTED FROM PATIENT ABILITY TO PAY TO THE ACTUAL COST OF DELIVERING THE SERVICE. USING THIS METHODOLOGY, THE ORGANIZATION HAS ESTIMATED THE COSTS FOREGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER THE ORGANIZATION'S FINANCIAL ASSISTANCE POLICY AGGREGATED APPROXIMATELY $383,000 FOR THE YEAR ENDED JUNE 30, 2021. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD SHALL HAVE AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS OF THE BOARD AND THE CEO AS A NON-VOTING OFFICER. THE IMMEDIATE PAST BOARD PRESIDENT SHALL SERVE ON THE EXECUTIVE COMMITTEE FOR ONE YEAR FOLLOWING THE END OF THEIR TERM AS PRESIDENT, PROVIDED THEY REMAIN AN ACTIVE DIRECTOR. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT ONLY DURING INTERVALS BETWEEN MEETINGS OF THE BOARD AND SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE ORDINARY BUSINESS AND AFFAIRS OF THE CORPORATION EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD IN REFERENCE TO: 1) AMENDING THE ARTICLES OF INCORPORATION 2) AMENDING, ALTERING OR REPEALING THE BYLAWS 3) FILLING VACANCIES IN OR REMOVING MEMBERS OF THE BOARD OR OF ANY COMMITTEE APPOINTED BY THE BOARD 4) ADOPTING A PLAN OF MERGER OR ADOPTING A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION 5) AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CORPORATION 6) AUTHORIZING THE VOLUNTARY DISSOLUTION OF MAZZONI CENTER OR REVOKING PROCEEDINGS THEREFORE 7) ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF MAZZONI CENTER 8) AMENDING, ALTERING, OR REPEALING ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED OR REPEALED BY SUCH COMMITTEE. THE DELEGATION OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OR ANY INDIVIDUAL DIRECTOR OF ANY RESPONSIBILITY IMPOSED ON IT OR HIM/HER BY LAW. THE EXECUTIVE COMMITTEE SHALL REPORT ITS ACTIVITIES AT EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE CFO AND DESIGNATED BOARD/COMMITTEE MEMBERS. PRIOR TO FILING, THE ENTIRE BOARD RECEIVES A COMPLETE COPY OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND OFFICERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. AN INTERESTED PERSON IS A PERSON WHO HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY: (1) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH MAZZONI CENTER HAS A TRANSACTION OR ARRANGEMENT, (2) A COMPENSATION ARRANGEMENT WITH MAZZONI CENTER, (3) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH MAZZONI CENTER IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A CONFLICT OF INTEREST WILL EXIST ONLY IF THE BOARD OR EXECUTIVE COMMITTEE DECIDES THAT SUCH CONFLICT EXISTS. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST TO THE BOARD OR EXECUTIVE COMMITTEE. AFTER MAKING THE PRESENTATION REGARDING A TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION AND THE VOTE. ANY TRANSACTION EXCEEDING $5,000 AND INVOLVING A POSSIBLE CONFLICT OF INTEREST MUST BE PRESENTED BY STAFF TO THE BOARD OR EXECUTIVE COMMITTEE. THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN MAZZONI CENTER'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE. EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN A COPY OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 346,705. 1334-48 BAINBRIDGE STREET LLC 1348 BAINBRIDGE STREET PHILADELPHIA PA 19147 821911541 LEASING AND IMPROVING REAL PROPERTY PA 81878 14344399 MAZZONI CENTER