2011-11-08T16:28:15-06:00 2010-12-31 RSM MCGLADREY INC 1001 LAKESIDE AVE SUITE 1400 CLEVELAND OH 441141152 990 2010-01-01 237084455 CENTER FOR FAMILIES AND CHILDREN CENT 2164327200 4500 EUCLID AVENUE CLEVELAND OH 441033736 ANN HOLT-WIOLLAND 2164327200 2011-11-08 1 2165231900 2010 2016-03-07 17:11:31Z SHARON SOBOL JORDAN 4500 EUCLID AVENUE CLEVELAND OH 441033736 21803315 0 X WWW.C4FC.ORG X 1970 OH CFC PROVIDES OPPORTUNITIES AND HOPE FOR CHILDREN, ADULTS AND FAMILIES LIVING IN POVERTY IN OUR COMMUNITY. OUR CORE SERVICES FOCUS ON THE BEST WAYS TO PROVIDE OUR CLIENTS WITH TOOLS AND SUPPORT SO INDIVIDUALS AND FAMILIES CAN REACH THEIR FULLEST POTENTIAL. OUR CORE SERVICE AREAS INCLUDE: EARLY LEARNING, FOOD CENTERS, BEHAVIORAL HEALTH, YOUTH DEVELOPMENT AND WORKFORCE DEVELOPMENT. 49 49 370 75 0 0 5754068 6074851 13421944 15286338 -206097 365849 -9487 22608 18960428 21749646 134443 129969 0 0 14016674 14461167 37198 0 464391 5257548 7446952 19445863 22038088 -485435 -288442 37041362 39134254 2791498 3081450 34249864 36052804 X CFC PROVIDES OPPORTUNITIES AND HOPE FOR CHILDREN, ADULTS AND FAMILIES LIVING IN POVERTY IN OUR COMMUNITY. OUR CORE SERVICES FOCUS ON THE BEST WAYS TO PROVIDE OUR CLIENTS WITH TOOLS AND SUPPORT SO INDIVIDUALS AND FAMILIES CAN REACH THEIR FULLEST POTENTIAL. OUR CORE SERVICE AREAS INCLUDE: EARLY LEARNING, FOOD CENTERS, BEHAVIORAL HEALTH, YOUTH DEVELOPMENT AND WORKFORCE DEVELOPMENT. 0 0 10310400 4310 9999806 CFC'S BEHAVIORAL HEALTH SERVICES ARE OFFERED AT FIVE LOCATIONS IN CUYAHOGA COUNTY AND ARE ALSO PROVIDED IN THE COMMUNITY. SERVICES INCLUDE MENTAL HEALTH ASSESSMENT; INDIVIDUAL AND GROUP CASE MANAGEMENT (CPST/COMMUNITY PSYCHIATRIC SUPPORTIVE TREATMENT); INDIVIDUAL AND GROUP COUNSELING; PHARMACOLOGIC MANAGEMENT; AND PRIMARY CARE. CFC OPERATES A CLOSED-DOOR, SPECIALTY PHARMACY AND AN INTEGRATED HEALTH CLINIC, EXCLUSIVELY FOR CFC BEHAVIORAL HEALTH CLIENTS, WHICH PROVIDE PSYCHOTROPIC MEDICATIONS AND BASIC PRIMARY CARE SERVICES. CFC TAKES A TEAM APPROACH TO TREATMENT, WHICH INCLUDES CASE MANAGERS, PSYCHIATRISTS, PSYCHIATRIC NURSES, PHARMACY STAFF, AND PRIMARY CARE PROVIDERS IN ORDER TO OFFER A HOLISTIC SERVICE TO OUR CLIENTS. THE GOAL OF OUR BEHAVIORAL HEALTH WORK IS TO HELP OUR CLIENTS MANAGE THE SYMPTOMS OF THEIR MENTAL ILLNESS WHILE ALSO MANAGING THE STRESSORS OF DAILY LIVING. BECAUSE THE NUMBER OF INDIVIDUALS IN NEED OF BEHAVIORAL HEALTH SERVICES FAR EXCEEDS SERVICE AVAILABILITY IN THE COMMUNITY, CFC HAS PRIORITIZED THE NEEDS OF THOSE WITH MOST SEVERE MENTAL ILLNESS AND THE LEAST RESOURCES. 4908577 100 2352904 OUR WORK IN EARLY LEARNING IS BASED ON THE CONCEPT THAT ALL CHILDREN DESERVE ACCESS TO HIGH-QUALITY CHILD CARE AND A LEARNING ENVIRONMENT THAT WILL ENSURE THEY ARE SCHOOL-READY. OUR FIVE EARLY LEARNING CENTERS ACROSS THE COMMUNITY SERVE APPROXIMATELY 650 CHILDREN AGES BIRTH TO FIVE YEARS OLD WITH A FOCUS ON LANGUAGE AND LITERACY SKILL DEVELOPMENT. OUR EARLY LEARNING PROGRAMS PROVIDE A CARING, CREATIVE, CLEAN LEARNING ENVIRONMENT FEATURING UNIVERSAL PRE-K, EARLY HEAD START AND HEAD START PROGRAMS ALONG WITH A PROFESSIONAL TEACHING STAFF WHO FOCUSES ON PREPARING CHILDREN FOR KINDERGARTEN. 1068574 97738 380542 THE GREATER CLEVELAND INTEGRATED RE-ENTRY PROJECT (GCIRP) PROVIDES SUPPORTIVE SERVICES FOR PEOPLE WHO ARE INCARCERATED IN PREPARATION FOR, DURING AND AFTER THE PROCESS OF RE-ENTRY INTO THE COMMUNITY. OUR PROGRAM HELPS CLIENTS SUCCESSFULLY TRANSITION BACK INTO THE COMMUNITY, REUNIFY WITH THEIR CHILDREN AND FAMILIES AND PREVENT A RETURN TO INCARCERATION BY DETERMINING SPECIFIC SHORT- AND LONG-TERM GOALS AND CONNECTIONS TO COMMUNITY SERVICE PROVIDERS FOR ADDITIONAL SUPPORT WITH THE FOLLOWING: HOUSING; DRUG AND ALCOHOL TREATMENT; MENTAL HEALTH SERVICES; MEDICAL CARE; EMPLOYMENT; AND COUNSELING. GCIRP CASE MANAGERS NOT ONLY WORK WITH THE CLIENT, BUT ALSO THEIR BIOLOGICAL FAMILY MEMBERS AND/OR OTHER SUPPORT PARTNERS. OUR SERVICES ARE OFFERED TO MEN AND WOMEN 18 YEARS OF AGE AND OLDER AND BEGIN WHILE PERSONS ARE STILL INCARCERATED, USUALLY WITHIN 3-6 MONTHS OF RELEASE AND CONTINUES FOR 6 MONTHS POST RELEASE. THE GOAL IS TO STRENGTHEN THE BOND BETWEEN THE CLIENT AND THEIR SUPPORTIVE NETWORK, WHICH CAN HELP EVERYONE INVOLVED WITH THE RE-ENTRY PROCESS SUCCEED. 2568578 27821 2553086 2568578 27821 2553086 18856129 1 1 0 1 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 242 0 1 370 1 0 0 0 0 0 1 1 0 0 0 0 X 49 49 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DAVID PFEIFFER 2164327200 4500 EUCLID AVENUE CLEVELAND OH 441033736 BRUCE MCCRODDEN 1.00 X 0 0 0 CAROL BLOOM 1.00 X 0 0 0 CAROLYN L HIGHTOWER 1.00 X 0 0 0 CHRIS ANTONETTI 1.00 X 0 0 0 CINDY ANDREWS 1.00 X 0 0 0 CLARK A RECHKEMMER 1.00 X 0 0 0 DAVID A KUTIK 1.00 X 0 0 0 DAVID P O'BRIEN 1.00 X 0 0 0 DAVID WEISS 1.00 X 0 0 0 DIANE O MCDANIEL 1.00 X 0 0 0 DON BULLOCK 1.00 X 0 0 0 ELIZABETH PORTER DAANE 1.00 X 0 0 0 ERSKINE E CADE 1.00 X 0 0 0 GALE BROOKS 1.00 X 0 0 0 GREG BROWN 1.00 X 0 0 0 GREGORY P ALTHANS 1.00 X 0 0 0 JANETTE PETRO 1.00 X 0 0 0 JASON HILLMAN 1.00 X 0 0 0 JERRY V JARRETT 1.00 X 0 0 0 JIM WOOLEY 1.00 X 0 0 0 JOHN MCCANN 1.00 X 0 0 0 KEN SILLIMAN 1.00 X 0 0 0 LARRY MILLER 1.00 X 0 0 0 LESLIE D DUNN 1.00 X 0 0 0 LESSIE MILTON JONES 1.00 X 0 0 0 LINDA SCHNEIDER 1.00 X 0 0 0 LISA BABISH FORBES 1.00 X 0 0 0 LORNA WISHAM 1.00 X 0 0 0 LORNE NOVICK 1.00 X 0 0 0 LOUISE GISSENDANER 1.00 X 0 0 0 MARK SHAPIRO 1.00 X 0 0 0 MELVIN G PYE JR 1.00 X 0 0 0 MICHAEL DICECCO 1.00 X 0 0 0 NANCY G ROME 1.00 X 0 0 0 PATRICK SAUNIER 1.00 X 0 0 0 PETER ROME 1.00 X 0 0 0 RAJAN D GAUTAM CPA 1.00 X 0 0 0 RICHARD S OLEKSYK 1.00 X 0 0 0 ROBERT M GINN 1.00 X 0 0 0 SANDY MCMILLAN 1.00 X 0 0 0 SARAH L LIVINGSTON 1.00 X 0 0 0 SEAN HARDY 1.00 X 0 0 0 SHAWN CORNELIUS 1.00 X 0 0 0 STEPHEN MCHALE 1.00 X 0 0 0 TERENCE P COYNE 1.00 X 0 0 0 MICHAEL FARRELL 1.00 X 0 0 0 JAMES GEUTHER 1.00 X 0 0 0 SARAH SINCLAIR 1.00 X 0 0 0 PAT DUGAN 1.00 X 0 0 0 ANN HOLT-WIOLLAND 40.00 X 141638 0 11987 BERNADETTE KERRIGAN 40.00 X 169322 0 14061 SHARON SOBOL JORDAN 40.00 X 266011 0 27331 AURORA VENTENILLA 32.00 X 121667 0 1729 EDUARDO DVAZQUEZ 34.00 X 107869 0 3944 JAMES T BUKUTS 40.00 X 151924 0 3154 JIM PENMAN 40.00 X 140538 0 9345 SONDRA JONES 40.00 X 108882 0 9612 BERTRAND H SMYERS 1.00 X 0 0 0 CARRIE CARPENTER 1.00 X 0 0 0 ELIZA WING 1.00 X 0 0 0 KELLY CHAPMAN 1.00 X 0 0 0 MEREDITH CAMP 1.00 X 0 0 0 RICHARD E STREETER 1.00 X 0 0 0 TOM HAYES 1.00 X 0 0 0 1207851 0 81163 8 0 1 0 UNITED HEALTHCARE 22561 NETWORK PLACE CHICAGO IL 60673 HEALTH INSURANCE 886187 KAISER PERMANENTE PO BOX 74504 CLEVELAND OH 44194 HEALTH INSURANCE 360961 TREND CONSULTNIG SERVICES P35110 EUCLID AVENUE WILLOUGHBY OH 44094 IT CONSULTANT 318883 JANITORIAL SERVICES INC 5795 CANAL ROAD VALLEY VIEW OH 44125 CLEANING SERVICES 245377 COMMUNITY RE-ENTRY 1468 WEST 25TH STREET CLEVELAND OH 44113 CONSULTING 245098 5 1013690 380321 3488326 1192514 6074851 SOCIAL SERVICES 624100 15286338 15286338 15286338 38695 38695 327154 327154 327154 327154 76277 380321 53669 22608 22608 21749646 15286338 0 388457 129969 129969 1350974 507236 738357 105381 10544272 9479526 904216 160530 473756 423305 44356 6095 1045763 886903 127715 31145 1046402 910874 114627 20901 66304 38104 26226 1974 72417 72417 38262 3325 34937 1619614 1427746 179194 12674 3392 2031 1247 114 305377 265696 30264 9417 206824 206824 1253208 1107478 113639 32091 307490 290314 16923 253 139545 100387 31619 7539 14951 4279 10324 348 659520 640886 1833 16801 135814 133578 2072 164 COST OF PHARMACY INVENT 1733451 1733451 SUPPLIES 455020 433251 15008 6761 MISCELLANEOUS 219599 65909 104313 49377 EQUIP PURCH/RENT/MAINT 216164 199464 13874 2826 22038088 18856129 2717568 464391 4300 4774 413044 352370 680008 510594 1854932 1935271 127081 75526 222021 18657490 10218403 8970782 8439087 6609924 7509930 18432846 20033126 37041362 39134254 1402964 1846664 297690 680036 194434 896410 554750 2791498 3081450 X 13217816 13876157 1287427 885725 19744621 21290922 34249864 36052804 37041362 39134254 X -288442 2091382 X X 0 1 1 X 1 1 X 18531039 16344759 17089374 5754068 6074851 63794091 18531039 16344759 17089374 5754068 6074851 63794091 566490 63227601 155173 141717 93553 71541 38695 500679 1338242 73063 -27921 -215584 349762 1517562 65812332 36052826 0.96070 0.97310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4559 33703 38262 18817867 18856129 1000000 250000 0 0 993435 1000000 961320 1000000 3954755 5932133 99150 45874 46779 38262 230065 248359 250000 240330 250000 988689 1483034 5625 241 962 4559 11387 1383398 62253 62253 1383398 1383398 62253 62253 1383398 1383398 427373 -365120 62253 1383398 1.00000 0 0 1142011 1142011 10414435 4189649 6224786 441072 374000 67072 6096489 5393385 703104 563483 261369 302114 8439087 PERPETUAL TRUSTS 19907524 OTHER RECEIVABLES 125602 20033126 21749646 22038088 -288442 557331 1534051 2091382 1802940 23841028 557331 1534051 2091382 21749646 0 21749646 22038088 0 22038088 0 22038088 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX STATUS: CFC IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(C) OF THE CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRED THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CFC'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED" OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009, MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, CFC IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS PRIOR TO 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 1,546,301. BENEFIT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT INCOME -12,250. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 1,546,301. BENEFIT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT INCOME -12,250. LIVING LEGENDS 172262 118570 53692 25000 4797 FILL THE HOUSE 23156 23156 8610 100 2 261180 238595 22585 1000 14162 456598 380321 76277 34610 19059 53669 22608 1 FOOD, SHELTER, MEDICATION, TRANSPORTATION AND UTILITIES 311 129968 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: INTERNAL CONTROLS HAVE BEEN ESTABLISHED AND ARE MAINTAINED WHICH PROVIDE REASONABLE ASSURANCE THAT THE USE OF FUNDS IS IN COMPLIANCE WITH THE RELATED GRANT. X X X 0 0 0 0 0 0 0 0 0 ANN HOLT-WIOLLAND 141638 0 0 0 0 0 8873 0 3114 0 153625 0 0 0 BERNADETTE KERRIGAN 169322 0 0 0 0 0 10848 0 3213 0 183383 0 0 0 SHARON SOBOL JORDAN 266011 0 0 0 0 0 15868 0 11463 0 293342 0 0 0 JAMES T BUKUTS 151924 0 0 0 0 0 0 0 3154 0 155078 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP: PETER ROME - BOARD MEMBER NANCY ROME - BOARD MEMBER FORM 990, PART VI, SECTION B, LINE 11 A FORM 990 DRAFT IS SENT TO THE AUDIT SUBCOMMITTEE MEMBERS (3 MEMBERS FROM THE FULL CFC BOARD OF DIRECTORS). THE REVIEW PROCESS TAKES PLACE AT A REGULARLY SCHEDULED MEETING OF THE AUDIT SUBCOMMITTEE, AT WHICH TIME, MEMBERS WILL UNDERTAKE A REVIEW OF THE FORM BEFORE FILING. ANY QUESTIONS OR CHANGES TO THE FORM WILL BE MADE PRIOR TO FILING. THE MINUTES OF THE AUDIT SUBCOMMITTEE WILL DOCUMENT THE FORMALIZED REVIEW PROCESS WITH MEMBERS APPROVING THE 990 FILING. IN ADDITION, THE CHAIRMAN OF THE AUDIT SUBCOMMITTEE WILL PRESENT, AT A MEETING OF THE FINANCE AND INFRASTRUCTURE COMMITTEE, A REPORT ON THE CURRENT YEAR'S FILING OF THE FORM 990. PRIOR TO THE FILING OF THE 990 WITH THE IRS, A COPY IS ISSUED TO EVERY VOTING MEMBER OF CFC'S GOVERNING BOARD. ANY QUESTIONS REGARDING THE 990 ARE ADDRESSED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE AGENCY EXECUTIVE OFFICE SENDS A CONFLICT OF INTEREST DISCLOSURE STATEMENT TO EACH MEMBER OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. NEW MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO COMPLETE THE FORM. CONTINUING MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO REVIEW THE FORM AND MAKE ANY NECESSARY REVISIONS. THE FORMS ARE RETURNED TO AND MAINTAINED BY THE AGENCY EXECUTIVE OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE CENTER FOR FAMILIES AND CHILDREN PERIODICALLY ENGAGES AN OUTSIDE PARTY TO CONDUCT A REVIEW OF ITS CEO, OFFICERS AND KEY EMPLOYEE'S COMPENSATION. IN 2010, CENTER FOR FAMILIES AND CHILDREN ENGAGED ORGANIZATIONAL CONSULTING GROUP AND THEY CONDUCTED A REVIEW, COMPARING OUR COMPENSATION LEVELS TO NATIONAL COMPARABILITY DATA FOR SIMILAR POSITIONS TO DETERMINE THE APPROPRIATENESS OF THE COMPENSATION FOR THESE KEY ROLES. THE ACTUAL COMPENSATION OF THE PRESIDENT AND CEO IS DETERMINED BY THE CENTER FOR FAMILIES AND CHILDREN'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUESTS FOR AGENCY FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY MUST BE ADDRESSED DIRECTLY TO THE PRESIDENT'S OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 557,331. CHANGE IN VALUE OF PERPETUAL TRUSTS 1,546,301. BENEFIT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT INCOME -12,250. TOTAL TO FORM 990, PART XI, LINE 5: 2,091,382. FORM 990, PART XI, LINE 2C THERE WAS NO CHANGE IN THIS PROCESS FROM PRIOR YEAR. DELEGATED AUTHORITY TO AN EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION A, LINE 1A: THE CHAIR OF THE BOARD OF DIRECTORS, PRESIDENT & CHIEF EXECUTIVE OFFICER, ALL OFFICERS AND SUCH OTHER VOTING DIRECTORS AS MAY BE DESIGNATED BY THE CHAIR OF THE BOARD OF DIRECTORS, WITH THE APPROVAL OF THE BOARD OF DIRECTORS, SHALL CONSTITUTE THE EXECUTIVE COMMITTEE. UNLESS OTHERWISE DETERMINED BY THE BOARD OF DIRECTORS, THE CHAIR OF THE BOARD OF DIRECTORS SHALL BE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL ACT ONLY IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS AND, EXCEPT TO THE EXTENT OTHERWISE DETERMINED BY THE BOARD OF DIRECTORS, SHALL HAVE ALL AUTHORITY OF THE BOARD OF DIRECTORS EXCEPT THOSE ITEMS SPECIFICALLY RESERVED TO THE BOARD OF DIRECTORS IN THE AMENDED AND RESTATED CODE OF REGULATIONS OR THE ARTICLE OF INCORPORATION. SUBJECT TO THE AFORESAID EXCEPTIONS, ANY PERSON DEALING WITH THE CORPORATION SHALL BE ENTITLED TO RELY UPON AN ACT OR AUTHORIZATION OF AN ACT BY THE EXECUTIVE COMMITTEE TO THE SAME EXTENT AS AN ACT OR AUTHORIZATION OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL KEEP FULL AND COMPLETE RECORDS OF ALL MEETINGS AND ACTIONS, WHICH SHALL BE REPORTED TO AND OPEN TO INSPECTION BY THE BOARD OF DIRECTORS. UNLESS OTHERWISE ORDERED BY THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE MAY PRESCRIBE ITS OWN RULES FOR CALLING AND HOLDING MEETINGS, AND PRESCRIBE ITS OWN METHOD OF PROCEDURE. SUBSEQUENT EVENTS SUBSEQUENT TO THE YEAR ENDED DECEMBER 31, 2010, THE RESPECTIVE BOARDS OF DIRECTORS OF WEST SIDE ECUMENICAL MINISTRY (WSEM) AND CFC VOTED TO APPROVE AN AFFILIATION AGREEMENT EFFECTIVE APRIL 1, 2011. UNDER THE AGREEMENT, CFC WILL BECOME THE PARENT CORPORATION AND WSEM A SUBSIDIARY CORPORATION. THE PURPOSE OF THE AFFILIATION IS TO INCREASE THEIR IMPACT ON THE COMMUNITY BY BUILDING ON THEIR STRENGTHS AND BECOMING MORE EFFICIENT.