2017-03-02T14:08:12-06:00 2016-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2015-07-01 042104764 THE HOME FOR LITTLE WANDERERS INC HOME 6172673700 10 GUEST STREET BOSTON MA 02135 MICHAEL PEARIS CFO & EXEC. VP 6172673700 2017-03-02 1 LYNNE JOHNSON P00757336 6179129000 2015 2021-01-29 14:40:06Z JOAN WALLACE-BENJAMIN 10 GUEST STREET BOSTON MA 02135 66881603 0 X WWW.THEHOME.ORG X 1799 MA THE MISSION OF THE HOME FOR LITTLE WANDERERS IS TO ENSURE THE HEALTHY EMOTIONAL, MENTAL, AND SOCIAL DEVELOPMENT OF CHILDREN AT RISK, THEIR FAMILIES, AND COMMUNITIES. THE HOME DOES THIS THROUGH AN INTEGRATED SYSTEM OF PREVENTION, ADVOCACY, RESEARCH, AND DIRECT CARE SERVICES. 15 15 863 453 16766 9166 6475822 6856970 35754838 39244944 5918396 5336850 -121607 -194930 48027449 51243834 0 0 0 0 34077381 36460607 77700 77850 1729577 14073900 13798741 48228981 50337198 -201532 906636 131824669 125112686 19190650 17536073 112634019 107576613 X TO ENSURE THE HEALTHY EMOTIONAL, MENTAL AND SOCIAL DEVELOPMENT OF CHILDREN AT RISK, THEIR FAMILIES AND COMMUNITIES. 0 0 18787698 17597271 COMMUNITY-BASED PROGRAMS: THE HOME PROVIDES AN ARRAY OF CLINICAL AND SUPPORT SERVICES THROUGHOUT EASTERN MASSACHUSETTS. CHILDREN AND FAMILIES RECEIVE SERVICES IN THE LOCATIONS THAT ARE MOST APPROPRIATE FOR THEIR NEEDS: A CHILD'S OWN HOME, SCHOOL, OR CLINIC.COMMUNITY-BASED PROGRAMS INCLUDE:- ADOPTION AND COMPREHENSIVE FOSTER CARE- CHILD AND FAMILY COUNSELING- CHILDREN'S COMMUNITY SUPPORT COLLABORATIVE - PRESCHOOL OUTREACH PROGRAM- SAFE AT HOME- THERAPEUTIC AFTER SCHOOL PROGRAM- FAMILY RESOURCE CENTER 14393820 13863706 RESIDENTIAL & SPECIAL EDUCATION: THERAPEUTIC RESIDENTIAL PROGRAMS ARE STAFF-SECURE FACILITIES FOR CHILDREN AND ADOLESCENTS WHO HAVE EITHER BEEN REMOVED FROM THEIR HOMES DUE TO ABUSE AND NEGLECT, OR WHO HAVE DIFFICULTY FUNCTIONING IN THE COMMUNITY DUE TO BEHAVIORAL OR MENTAL HEALTH CONCERNS. THE HOME OPERATES TWO PRIVATE, STATE-APPROVED, YEAR-ROUND SPECIAL EDUCATION SCHOOLS FOR ACADEMICALLY AND EMOTIONALLY CHALLENGED YOUTH. THE SCHOOLS OFFER HIGHLY STRUCTURED THERAPEUTIC BEHAVIOR SUPPORT SYSTEMS, HAVE SMALL CLASS SIZES, A HIGH STAFF-TO-STUDENT RATIO AND SUPPORT THAT IS TAILORED TO EACH STUDENT'S NEEDS AND TREATMENT PLAN. THE TWO FACILITIES ARE:- SOUTHEAST CAMPUS, PLYMOUTH - CO-ED AGES 10 TO 18- LONGVIEW FARM AND CLIFFORD SCHOOL, WALPOLE - CO-ED AGES 5 TO 18 3910566 3908333 GROUP HOMES: CHILDREN AND ADOLESCENTS TRANSITIONING BACK TO THEIR FAMILIES, PROGRESSING TO LESS RESTRICTIVE ENVIRONMENTS OR PREPARING TO LIVE INDEPENDENTLY, FREQUENTLY NEED SUPPORT TO MAKE A SUCCESSFUL MOVE. THE HOME OPERATES FOUR GROUP HOMES PROVIDING INDIVIDUALIZED TREATMENT AND SERVICES TO THE YOUTH AND THEIR FAMILIES. - HARRINGTON HOUSE, MISSION HILL - CO-ED AGES 6 TO 12- ROXBURY HOUSE, ROXBURY - MALES AGES 14 TO 18- WALTHAM HOUSE, WALTHAM - CO-ED AGES 14 TO 18 (GLBTQ POPULATION)- NORWOOD GROUP HOME - GIRLS AGES 14 TO 18 3209382 3249489 CASE MANAGEMENT SERVICES: THE HOME SERVES IN A COORDINATION CAPACITY FOR TWO FAMILY-FOCUSED PROGRAMS IN BOSTON. PROVIDING A SINGLE POINT OF ENTRY FOR ALL SERVICES, THE PROGRAMS EMPLOY THE WRAPAROUND APPROACH WHICH PLACES THE FAMILY AT THE ENTER OF PLANNING PROCESS AND BUILDS A TEAM AROUND THE FAMILY'S VISION FOR THEIR CHILD'S FUTURE.- THE HYDE PARK AND PARK STREET COMMUNITY SERVICE AGENCIES SERVE YOUTH WITH SERIOUS EMOTIONAL DISTURBANCE (SED) WHO ARE ENROLLED IN MASSHEALTH STANDARD OR COMMONWEALTH. THIS PROGRAM IS PART OF THE MASSACHUSETTS CHILDREN'S BEHAVIORAL HEALTH INITIATIVE (CBHI).- FAMILY NETWORKS (PARK STREET AREA LEAD) PARTNERS WITH PARK STREET DEPARTMENT OF CHILDREN AND FAMILIES (DCF). THE PROGRAM WORKS ONLY WITH CLIENTS REFERRED FROM DCF, ACTING AS A SINGLE POINT OF ENTRY FOR ALL CONTRACTED SERVICES IDENTIFIED IN THE DCF SERVICE PLAN. 765448 633575 TRANSITIONAL PROGRAMS: THE HOME OFFERS A NUMBER OF PROGRAMS FOR THOSE MOVING INTO ADULTHOOD WHO NEED ADDITIONAL HELP AND RESOURCES TO FURTHER THEIR EDUCATIONAL AND VOCATIONAL GOALS AND TO PREPARE THEM FOR MEANINGFUL LIVES:- ACADEMIC SUPPORT FOR COLLEGE AND LIFE, IN PARTNERSHIP WITH BRIDGEWATER STATE UNIVERSITY, IS A COLLEGE PROGRAM DESIGNED TO PROVIDE CLINICAL, SOCIAL, ACADEMIC, VOCATIONAL AND DAILY LIVING SUPPORTS NEEDED BY YOUTH AGING OUT OF STATE CARE AND PARTICIPATING IN HIGHER EDUCATION.- YOUNG ADULT RESOURCE CENTER (YARN) ASSISTS YOUNG ADULTS AGES 17-22 WHO ARE INVLOVED WITH THE DEPARTMENT OF CHILDREN AND FAMILIES IN OBTAINING STABLE HOUSING, EMPLOYMENT, PHYSICAL AND PSYCHOLOGICAL WELLNESS, AND EDUCATIONAL AND COMMUNITY INVOLVEMENT, WHILE DEVELOPING SUPPORTIVE RELATIONSHIPS.- ROXBURY VILLAGE PROVIDES SAFE, AFFORDABLE HOUSING FOR YOUTH WHO ARE - OR ARE AT RICK OF BEING HOMELESS, WHILE HELPING THEM TO DEVELOP CRITICAL SKILLS, LIFE PLANS, AND CONNECTIONS TO COMMUNITY RESOURCES. 3974830 3883064 41066914 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 82 0 1 863 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN MO NC NJ NH NY OH OK OR PA RI SC TN UT VA WA WI WV NV ND NM X X MICHAEL PEARIS CFO 6172673700 10 GUEST STREET BOSTON MA 02135 RICHARD K BENDETSON DIRECTOR (UNTIL SEP. 2015) 5.00 X 0 0 0 BEVERLY A BROWN PHD DIRECTOR 5.00 X 0 0 0 JAMES C BURROWS PHD TREASURER 5.00 X X 0 0 0 TUSHARA CANEKERATNE DIRECTOR 5.00 X 0 0 0 ANJALI CHITRE DIRECTOR (UNTIL JUN. 2016) 5.00 X 0 0 0 HARDIN COLEMAN DIRECTOR 5.00 X 0 0 0 SHELLEY DUNCAN DIRECTOR 5.00 X 0 0 0 CHRIS EGAN CHAIRMAN 5.00 X X 0 0 0 CHARLES GOHEEN DIRECTOR 5.00 X 0 0 0 DEBORAH E GRAY SECRETARY 5.00 X X 0 0 0 JOHN HAILER CHAIRMAN EMERITUS (UNTIL OCT. 2015) 5.00 X 0 0 0 RENE JARQUIN DIRECTOR 5.00 X 0 0 0 DONNA KELLEHER DIRECTOR 5.00 X 0 0 0 TIM MINER DIRECTOR 5.00 X 0 0 0 TOM NIEDERMEYER DIRECTOR 5.00 X 0 0 0 MATTHEW J SLIWA DIRECTOR 5.00 X 0 0 0 PAT VILLANI DIRECTOR (UNTIL FEB. 2016) 5.00 X 0 0 0 SHARON WRATCHFORD DIRECTOR 5.00 X 0 0 0 JOSEPH ZINK DIRECTOR 5.00 X 0 0 0 JOAN WALLACE-BENJAMIN CEO 40.00 X 328943 0 67905 MICHAEL L PEARIS CFO & EXEC. VP 40.00 X 175163 0 28342 MEREDITH L BRYAN VP DEVELOPMENT 40.00 X 155344 0 32668 LESLI SUGGS VP PROGRAM OPERATIONS 40.00 X 163971 0 29248 LEONORA R WISE VP HUMAN RESOURCES 40.00 X 152078 0 22773 THOMAS L DURLING VP FINANCE 40.00 X 138601 0 28478 ALLAN F GIESEN PSYCHIATRIST 40.00 X 180498 0 5970 MICHAEL SEMEL SR. DIR. PROGRAMS OPS 40.00 X 120999 0 5285 HEIDI HASSELBAUM-FERREIRA VP PERFORMANCE OUTCOMES & RISK MGMT. 40.00 X 119813 0 21349 JEAN BUTTERFIELD PSYCHIATRIST 40.00 X 120491 0 6591 1655901 0 248609 15 0 1 0 WINXNET INC PO BOX 1700 PORTLAND ME 04104 COMPUTER/SOFTWARE CONSULTANT 641978 SEI 1 FREEDOM VALLEY DRIVE OAKS PA 19456 INVESTMENT CONSULTING 435234 NEWPORT CREATIVE COMMUNICATIONS 21 RAILROAD AVENUE DUXBURY MA 02332 FUNDRAISING COUNSEL 350478 LAWSON & WEITZEN LLP 88 BLACK FALCON AVENUE 345 BOSTON MA 02210 LEGAL 216667 THE ULTIMATE SOFTWARE GROUP INC PO BOX 930953 ATLANTA GA 31193 PAYROLL PROCESSING 212887 11 321991 1084852 5450127 131655 6856970 PROGRAM REVENUE 900099 39244944 39244944 39244944 4233832 10166 4223666 16076385 343962 15317329 0 759056 343962 1103018 1103018 111480 1084852 320440 -208960 -208960 MISCELLANEOUS INCOME 900099 14030 7430 6600 14030 51243834 39252374 16766 5117724 1155599 195086 771405 189108 28229437 25164173 2411645 653619 464739 422427 33505 8807 4445050 3885600 451582 107868 2165782 1874990 229860 60932 267619 267619 182976 182976 77850 77850 431835 431835 1376718 476362 900356 104493 104493 507039 17008 190678 299353 2335479 1772237 444782 118460 648634 614014 26736 7884 444882 444882 1733958 1521225 162569 50164 570291 451274 107034 11983 EQUIPMENT REPAIRS & MAI 1505127 1053448 390965 60714 CLIENT EXPENSES 1463711 1463711 FOOD & OTHER PRG. SUPPL 1318142 1278400 36626 3116 BAD DEBT EXPENSE 421857 419829 2028 485980 352637 55652 77691 50337198 41066914 7540707 1729577 489062 247894 678910 751173 4468743 4004520 974716 1193590 41938118 13954550 29164646 27983568 65950950 59736668 16323158 18415492 13774484 12779781 131824669 125112686 4110269 4856361 11375000 11246028 69199 77398 2943752 754952 692430 601334 19190650 17536073 X 61615461 60018949 27826434 25048604 23192124 22509060 112634019 107576613 131824669 125112686 906636 -5964042 0 X 0 1 X 1 0 X 11679469 7744219 7081757 6475822 6856970 39838237 11679469 7744219 7081757 6475822 6856970 39838237 39838237 1560834 1670526 3477460 4403995 4223666 15336481 746 4604 1133 5572 10166 22221 131700 126101 131913 128105 111480 629299 55826238 100071801 0.71360 0.78490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 201735 201735 40865179 41066914 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 120070 123522 194811 201735 640138 250000 250000 250000 250000 1000000 1500000 0 1 X 95505703 623319 -344952 5255848 90528222 94948342 142295 3526281 3111215 95505703 86599510 867212 11359866 3878246 94948342 78933423 1270711 10162698 3767322 86599510 81763305 648578 390353 3868813 78933423 0.48230 0.24870 0.26900 1 0 1188412 1188412 32494538 8697146 23797392 1793649 498357 1295292 6244680 4719711 1524969 216839 39336 177503 27983568 ALTERNATIVE INVESTMENTS 18415492 F 18415492 INVESTMENT INCOME RECEIVABLE 38171 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 12741610 12779781 TENANT LEASE LIABILITY 594344 OTHER LIABILITIES 6990 601334 X 45185739 -5964042 17342 -431835 -6378535 51564274 -320440 -320440 51243834 50243145 17342 320440 337782 49905363 431835 431835 50337198 PART IV, LINE 2B: CLIENT FUNDS PAID BY DEPARTMENT OF CHILDREN AND FAMILIES HELD IN SEPARATE CASH ACCOUNTS BY THE HOME USED TO PURCHASE CLIENT RELATED ITEMS, SUCH AS HOLIDAY, BIRTHDAY, AND CLOTHING NEEDS. PART V, LINE 4: THE HOME HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE HOME HAS BENEFICIAL INTERESTS IN PERPETUAL TRUSTS WHICH ARE HELD AND ADMINISTERED BY DIFFERENT TRUSTEES. THE FV OF THE FUNDS IS RECORDED AS PART OF THE HOME'S PERMANENT ENDOWMENT AND THE HOME RECEIVES INCOME DISTRIBUTION CHECKS. PART X, LINE 2: THE HOME IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE HOME FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE, ACCOUNTING FOR INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT THE HOME HAS NO MATERIAL UNCERTAINTIES IN INCOMES TAXES. THE HOME WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. THE HOME IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSE NETTED WITH REVENUE -431,835. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -320,440. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 320,440. CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 4460264 0 0 0 0 0 0 4460264 0 4460264 1 0 0 1 1 0 X X X X X X 1 NEWPORT CREATIVE COMMUNICATIONS 21 RAILROAD AVE DUXBURY MA 02332 PROFESSIONAL FUNDRAISING CONSULTANT 0 1121987 77850 1044137 1121987 77850 1044137 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN MO NC NJ NH NY NV OH OK OR PA RI SC TN UT VA WA WI WV ND NM VOICES AND VISIONS 960408 887708 72700 85909 91139 67307 GENEROUS MASTERS 204774 165994 38780 24910 10262 16943 31150 31150 1020 6094 16856 1196332 1084852 111480 111839 107495 101106 320440 -208960 X X X X X 0 1 0 0 0 0 0 1 0 JOAN WALLACE-BENJAMIN CEO 287953 0 40000 0 990 0 52125 0 15780 0 396848 0 0 0 MICHAEL L PEARIS CFO & EXEC. VP 174818 0 0 0 345 0 5444 0 22898 0 203505 0 0 0 MEREDITH L BRYAN VP DEVELOPMENT 150144 0 5000 0 200 0 4980 0 27688 0 188012 0 0 0 LESLI SUGGS VP PROGRAM OPERATIONS 163603 0 150 0 218 0 5143 0 24105 0 193219 0 0 0 LEONORA R WISE VP HUMAN RESOURCES 151230 0 0 0 848 0 4696 0 18077 0 174851 0 0 0 THOMAS L DURLING VP FINANCE 138213 0 150 0 238 0 4380 0 24098 0 167079 0 0 0 ALLAN F GIESEN PSYCHIATRIST 180273 0 0 0 225 0 5394 0 576 0 186468 0 0 0 PART I, LINE 4B THE ORGANIZATION HAS ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER INTERNAL REVENUE CODE SECTION 457(F) FOR THE PRESIDENT AND CEO, JOAN WALLACE-BENJAMIN, DURING THE YEAR ENDED JUNE 30, 2012. THE VESTING PERIOD IS FIVE YEARS AND EIGHT MONTHS OF CONTINUOUS SERVICE FROM THE EFFECTIVE DATE OF MAY 1, 2012. DISTRIBUTION WILL BE MADE IN A SINGLE LUMP SUM PAYMENT AS OF THE FIRST OF THE MONTH FOLLOWING SEPARATION FROM SERVICE. THE ORGANIZATION HAS CONTRIBUTED $21,335 TO THE PLAN IN FISCAL YEAR 2016. PART I, LINE 7 THE FOLLOWING STEPS WERE TAKEN WITH RESPECT TO COMPENSATION REVIEW (INCLUDING BONUS) OF THE TOP HOME FOR LITTLE WANDERERS EXECUTIVES: - THE CEO COMPLETES A SELF-EVALUATION FOR HERSELF AS WELL AS EVALUATIONS FOR THE REST OF THE EXECUTIVE MANAGEMENT TEAM. THE CEO'S SELF-EVALUATION IS SENT TO THE CHAIR OF THE COMPENSATION COMMITTEE FOR DISTRIBUTION TO COMMITTEE MEMBERS. - HUMAN RESOURCES WILL PROVIDE THE COMMITTEE WITH SALARY BENCHMARK DATA - COMMITTEE WILL MEET TO DISCUSS PERFORMANCE AND RECOMMENDED SALARY ADJUSTMENTS AND BONUSES (IF ANY) FOR THE GROUP - MINUTES WILL BE KEPT OF THE COMMITTEE MEETINGS/DISCUSSIONS - INFORMATION ABOUT ANY COMPENSATION ADJUSTMENTS (EXCEPT FOR CEO'S) SENT TO HR FOR PROCESSING - THE COMMITTEE MEETS WITH THE FULL BOARD IN EXECUTIVE SESSION TO PROVIDE A RECOMMENDATION FOR THE CEO'S COMPENSATION ADJUSTMENT AND BONUS (IF ANY) - ANY BOARD APPROVED CHANGES ARE COMMUNICATED TO HUMAN RESOURCES FOR PROCESSING. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2011-09-08 18000000 FOR CAPITAL CAMPAIGN CONSTRUCTION AND PAY OFF MDFA BOND 0 0 0 A 6725000 18000000 4476851 185143 13338006 2012 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 1 X 21 7484 FAIR MARKET VALUE X 13 37444 FAIR MARKET VALUE X GIFT CARDS 1157 86727 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF GIFTS RECEIVED FOR THE NUMBER OF SECURITIES. FOR THE REMAINDER NON-CASH CONTRIBUTIONS, THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: THE ORGANIZATION USES A THIRD PARTY VENDOR, AUTOMOTIVE RECOVERY SERVICES, INC., FOR VEHICLE DONATIONS TO THE ORGANIZATION. THE VENDOR PICKS UP AND DISPOSES THE VEHICLE FOR THE ORGANIZATION AND REMITS PAYMENT LESS DISPOSAL EXPENSES AND CONTRACTUAL FEES TO THE ORGANIZATION. CAR PROGRAM, INC. IS RESPONSIBLE FOR PROVIDING APPROPRIATE DOCUMENTATION TO THE DONOR AND FILING THE APPROPRIATE FORMS WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 11 THE ANNUAL FEDERAL FORM 990 IS FIRST REVIEWED BY SENIOR MEMBERS OF FINANCE MANAGEMENT. ONCE THIS INTERNAL REVIEW IS COMPLETE, THE RETURN IS DISTRIBUTED TO AND REVIEWED BY A SUBCOMMITTEE OF THE BOARD OF DIRECTORS. THIS SUBCOMMITTEE CONSISTS OF CHAIRS OF THE GOVERNANCE, AUDIT, AND FINANCE COMMITTEES. A REVIEW/INPUT IS PROVIDED BY THIS SUBCOMMITTEE, AND THEN THE FULL BOARD IS PROVIDED THE OPPORTUNITY TO REVIEW THE FEDERAL FORM 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, TRUSTEES, BOARD MEMBERS, AND STAFF WITH THE ORGANIZATION ARE REQUIRED TO FILE WITH THE BOARD A STATEMENT DISCLOSING HIS OR HER PERSONAL, BUSINESS OR ORGANIZATIONAL INTERESTS AND AFFILIATIONS. WHEN ANY SUCH AFFILIATION BECOMES RELEVANT IN THE MAKING OF ANY BOARD DECISION, THE DIRECTOR HAVING THE CONFLICT OF INTEREST SHALL CALL IT TO THE ATTENTION OF THE BOARD AND THAT DIRECTOR SHALL NOT VOTE ON THE MATTER AND SHALL NOT USE PERSONAL INFLUENCE. THIS DOES NOT EXCLUDE ANY DIRECTOR WHO IS EXCLUDED FROM VOTING BECAUSE OF A CONFLICT OF INTEREST FROM BRIEFLY STATING HIS OR HER POSITION AND ANSWERING PERTINENT QUESTIONS IN ORDER TO ASSIST THE BOARD IN ITS DECISION MAKING. FORM 990, PART VI, SECTION B, LINE 15 THE HOME PARTICIPATES IN SALARY SURVEYS FOR THE NOT-FOR-PROFIT SECTOR ON A REGULAR BASIS (FOR ALL POSITIONS). THE RESULTS OF THE SURVEY ARE SHARED WITH ALL THE ORGANIZATIONS WHO PARTICIPATED IN THE SURVEY. THE HOME'S RECRUITING FUNCTION IS ALSO BENCHING SALARIES AGAINST POSITIONS POSTED AT OTHER EMPLOYERS IN THE AREA. THE HOME HAS A SALARY STRUCTURE WHICH IS ADJUSTED ANNUALLY BASED ON THE MARKET DATA DESCRIBED ABOVE. THE SALARY RANGES FOR ALL POSITIONS ARE ADJUSTED ACCORDING TO THE CPI AND OTHER MARKET FACTORS. FURTHERMORE, SALARY GRADES FOR SPECIFIC POSITIONS MAY ALSO BE ADJUSTED (TO DIFFERENT SALARY GRADES) BASED ON MARKET CONDITIONS. THE LATEST RESULTS WERE LAST PROVIDED IN APRIL 2016 IN ANTICIPATION OF THE FY17 MERIT CYCLE. IN APRIL 2016, AN COMPENSATION STUDY (PROVIDED BY MARSH & MCLENNAN) OF THE EXECUTIVE MANAGEMENT TEAM WAS COMMISSIONED BY THE COMPENSATION COMMITTEE OF THE HOME FOR LITTLE WANDERERS' BOARD OF DIRECTORS. THE POSITIONS REVIEWED INCLUDED: 1) PRESIDENT & CEO 2) TOP FINANCE & ADMINISTRATION EXECUTIVE 3) TOP DEVELOPMENT EXECUTIVE 4) TOP PROGRAM EXECUTIVE 5) TOP HUMAN RESOURCES EXECUTIVE 6) TOP QUALITY EXECUTIVE THE FOLLOWING STEPS WITH RESPECT TO COMPENSATION REVIEW OF THE TOP HOME FOR LITTLE WANDERERS EXECUTIVES WERE OUTLINED BY THE GOVERNANCE & RISK MANAGEMENT COMMITTEE ON JUNE 2010: - THE CEO COMPLETES A SELF-EVALUATION FOR HERSELF AS WELL AS EVALUATIONS FOR THE REST OF THE EXECUTIVE MANAGEMENT TEAM. THE CEO'S SELF-EVALUATION IS SENT TO THE CHAIR OF THE COMPENSATION COMMITTEE FOR DISTRIBUTION TO COMMITTEE MEMBERS. - HUMAN RESOURCES WILL PROVIDE THE COMMITTEE WITH SALARY BENCHMARK DATA - COMMITTEE WILL MEET TO DISCUSS PERFORMANCE AND RECOMMENDED SALARY ADJUSTMENTS AND BONUSES (IF ANY) FOR THE GROUP - MINUTES WILL BE KEPT OF THE COMMITTEE MEETINGS/DISCUSSIONS - INFORMATION ABOUT ANY COMPENSATION ADJUSTMENTS (EXCEPT FOR CEO'S) SENT TO HR FOR PROCESSING - THE COMMITTEE MEETS WITH THE FULL BOARD IN EXECUTIVE SESSION TO PROVIDE A RECOMMENDATION FOR THE CEO'S COMPENSATION ADJUSTMENT AND BONUS (IF ANY) - ANY BOARD APPROVED CHANGES ARE COMMUNICATED TO HUMAN RESOURCES FOR PROCESSING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.