2024-09-30T15:37:12-05:00 2023-12-31 381357951 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2023-01-01 341696794 HATTIE LARLHAM FOUNDATION HATT 3302742272 9772 DIAGONAL ROAD MANTUA OH 44255 STEPHEN COLECCHI CEO 3302742272 2024-09-19 1 0 AMY CIMINELLO P00796388 6148493000 2024-09-19 2023 2024-10-15 13:58:12Z STEPHEN COLECCHI 9772 DIAGONAL ROAD MANTUA OH 44255 6351808 0 X WWW.HATTIELARLHAM.ORG X 1991 OH TO INSPIRE EXTRAORDINARY LEVELS OF PHILANTHROPY THROUGH INNOVATIVE ENGAGEMENT WITH DONORS, VOLUNTEERS AND THE PUBLIC TO ENSURE THE NEEDS OF HATTIE LARLHAM ARE MET NOW AND IN THE FUTURE. 11 10 0 12 0 0 1687017 1370278 57053 106799 121596 2104867 -51919 -75382 1813747 3506562 0 0 0 0 0 0 0 0 733293 696922 733293 696922 733293 1116825 2773269 21702378 24736243 21192 9282 21681186 24726961 TO RAISE MONEY THROUGH STRATEGIC COMMUNICATIONS, EVENTS, VOLUNTEER/DONOR CULTIVATION AND STEWARDSHIP IN SUPPORT OF HATTIE LARLHAM'S MISSION. 0 0 0 0 106799 HATTIE LARLHAM FOUNDATION SUPPORTS THE HATTIE LARLHAM CENTER FOR CHILDREN WITH DISABILITIES IN MAINTAINING AND GENERATING PRIVATE SOURCES OF FUNDING AND CONTRIBUTIONS. HATTIE LARLHAM FOUNDATION RECEIVED $1.4 MILLION IN CONTRIBUTIONS THIS YEAR. 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RICK BRADLEY 3308406868 9772 DIAGONAL ROAD MANTUA OH 44255 STEPHEN COLECCHI CEO 5.00 45.00 X X 0 285648 66530 BRUCE HEAREY PRESIDENT 5.00 0.00 X X 0 0 0 RONALD KOTKOWSKI VICE PRESIDENT 1.00 0.00 X X 0 0 0 ROBERT MADDEN TREASURER 1.00 0.00 X X 0 0 0 CHRIS BAKER SECRETARY 1.00 0.00 X X 0 0 0 GREG MCDONALD DIRECTOR 1.00 0.00 X 0 0 0 DR CHRISTINA HARDESTY DIRECTOR 1.00 0.00 X 0 0 0 ADRIENNE VICHILL DIRECTOR 1.00 0.00 X 0 0 0 CLAUDIA AMRHEIN DIRECTOR 1.00 0.00 X 0 0 0 LORA LEWIS DIRECTOR 1.00 0.00 X 0 0 0 JULIE BRANDLE DIRECTOR 1.00 0.00 X 0 0 0 GREG SNYDER CFO 5.00 45.00 X 0 185041 20043 MARY HOROSZKO CHIEF DEVELOPMENT OFFICER 40.00 0.50 X 0 169893 39294 0 640582 125867 0 0 1 0 0 458342 911936 1370278 RENTAL FROM AFFILIATE 623990 106799 106799 106799 429680 429680 4436702 2761515 1675187 1675187 1675187 8349 458342 83731 -75382 -75382 3506562 106799 0 2029485 697839 697839 33826 33826 1628 1628 733293 0 0 733293 1876975 2592915 107985 138480 41347 75202 1424681 500577 953288 924104 18722783 21005542 21702378 24736243 4500 7362 16692 1920 21192 9282 X 9294543 10024380 12386643 14702581 21681186 24726961 21702378 24736243 2773269 272506 0 X X 0 1 X 1 0 X 727538 1425317 3965829 1687017 1370278 9175979 727538 1425317 3965829 1687017 1370278 9175979 1764611 7411368 413673 329607 403885 284473 429680 1861318 252833 5400 60676 25431 8349 352689 11389986 268844 0.65070 0.61410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12233062 2315938 14549000 15511771 -3278709 12233062 13515259 1996512 15511771 11538429 1976830 13515259 9804668 1733761 11538429 0.00000 0.60430 0.39570 0 0 197212 197212 1117198 454155 663043 110271 46422 63849 924104 REINHART FOUNDATION 4807027 F SUSTAINABLE 2073700 F SCHAFER CULLEN 3352976 F INTERNATIONAL 3067511 F SMALL CAP VALUE 1999942 F GIFT ANNUITY ACCOUNT 8845 F DAVID D MYERS GIFT ACCOUNT 279714 F CAPITAL CAMPAIGN (GIFT ACCOUNT) 44633 F WALTER WITHERSPOON TRUST 264642 F CLEVELAND FOUNDATION FUND 94368 F AKRON ENDOWNMENT 27886 F DIAMOND HILL FUND 4984298 F 21005542 ANNUITY OBLIGATIONS 1920 1920 X PART V, LINE 4: THE ORGANIZATION 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. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EARN A RESPECTABLE, LONG-TERM, RATE OF RETURN. THE ORGANIZATION SETS AN ANNUAL SPENDING POLICY FOR ASSETS IN THE ENDOWMENT. THE ORGANIZATION'S GOAL IS TO LIMIT ANNUAL SPENDING FROM THE ENDOWMENT WITHIN THE SAFE HARBOR GUIDELINES AS ESTABLISHED IN THE OHIO REVISED CODE. THE TARGET PERCENTAGE WILL BE 5% OF THE AVERAGE ENDOWMENT VALUATION CALCULATED AS FOLLOWS, 5% OF THE AVERAGE VALUATION FOR THE PREVIOUS THREE YEARS USING THE ROLLING 12 QUARTER VALUATIONS. VARIANCE FROM THIS TARGET MAY OCCUR WITHIN THE GUIDELINES OF THE OHIO REVISED CODE, CONSIDERATION MUST BE GIVEN TO THE ORGANIZATION'S MISSION, THE MARKETS, THE ECONOMY, FUNDRAISING SUCCESS AND THE DONOR'S GUIDELINES. VARIANCE FROM THIS TARGET REQUIRES A MAJORITY VOTE BY THE FOUNDATION BOARD. THE ORGANIZATION CONSIDERS THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT WHEN APPROVING FUNDS FOR SPENDING. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS SINCE THE ORGANIZATION IS EXEMPT FROM SUCH TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GOLF OUTING 133996 125647 8349 750 6048 3492 0 11796 CIRCLE OF CARE 296786 296786 5000 30553 1500 11982 1 35909 35909 3618 1424 500 7068 466691 458342 8349 750 11048 34171 4916 2000 30846 83731 -75382 0 0 0 0 0 0 0 0 0 STEPHEN COLECCHI CEO 0 285648 0 0 0 0 0 29978 0 36552 0 352178 0 0 MARY HOROSZKO CHIEF DEVELOPMENT OFFICER 0 169893 0 0 0 0 0 19316 0 19978 0 209187 0 0 GREG SNYDER CFO 0 185041 0 0 0 0 0 12905 0 7138 0 205084 0 0 PART I, LINE 3: COMPENSATION PAID TO THE ORGANIZATION'S CEO, CFO, VICE PRESIDENTS, TOP MANAGEMENT AND KEY EMPLOYEES IS ESTABLISHED BY A RELATED ORGANIZATION, HATTIE LARLHAM CENTER FOR CHILDREN WITH DISABILITIES [34-0963865], AND INCLUDES USE OF A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO & CONTROLLER. IT IS THEN PRESENTED TO THE ORGANIZATION'S AUDIT & FINANCE COMMITTEE BY THE TAX ACCOUNTANT/PREPARER AND CFO FOR COMMITTEE REVIEW AND APPROVAL. AFTER COMMITTEE APPROVAL, THE BOARD OF DIRECTORS THEN RECEIVES A COPY OF FORM 990 TO REVIEW/COMMENT ON PRIOR TO THE TAX RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES TRAINING ON ETHICAL CONDUCT BY THE DIRECTOR OF CORPORATE COMPLIANCE DURING THEIR ORIENTATION TO THE BOARD AND ON AN ANNUAL BASIS. HATTIE LARLHAM DISTRIBUTES TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING AND DURING ORIENTATION THE CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER HAS AN OBLIGATION TO MAKE FULL DISCLOSURE OF CONFLICTS OF INTEREST EACH YEAR THEY RECEIVE THE CONFLICT OF INTEREST POLICY AND A DECLARATION STATEMENT TO READ AND SIGN. IF A CONFLICT OF INTEREST IS REPORTED, THE DISCLOSURE IS PLACED ON THE AGENDA OF A BOARD MEETING WHERE A MOTION IS MADE TO ACKNOWLEDGE THE DISCLOSURE AND VOTE TO DETERMINE IF THE SERVICES ARE APPROPRIATE TO THE NEEDS OF THE ORGANIZATION. HATTIE LARLHAM HAS SPECIFIC POLICIES IN REGARDS TO GIFTS AND GRATUITIES AND EMPLOYMENT OF RELATIVES. THE EXECUTIVE STAFF OF HL AGENCIES MUST ALSO REPORT ANY CONFLICT OF INTEREST TO THE CEO IN REGARDS TO GIFTS, GRATUITIES, AND RELATIVES EMPLOYED AT HL UNDER AN EXECUTIVES SPAN OF CONTROL. IF A CONFLICT OF INTEREST IS REPORTED TO THE CEO, HE/SHE WILL FOLLOW THE SAME POLICY AS IT APPLIES TO THE BOARD OF DIRECTORS UNDER THE CONFLICT OF INTEREST POLICY. HL HAS A CORPORATE COMPLIANCE COMMITTEE WHICH MEETS MONTHLY TO MONITOR ALL CORPORATE COMPLIANCE ACTIVITIES. A CORPORATE COMPLIANCE EVALUATION IS COMPLETED ON AN ANNUAL BASIS BY THE DIRECTOR OF CORPORATE COMPLIANCE, A VICE PRESIDENT OF ONE OF THE HL AGENCIES, AND THE QUALITY IMPROVEMENT COORDINATOR TO DETERMINE WHICH ACTIVITIES NEED TO BE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING THE COMPENSATION FOR THE ORGANIZATION'S CEO, VICE PRESIDENTS, TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES A MEETING OF THE EXECUTIVE COMMITTEE WITH THE CEO WHERE THE COMMITTEE IS PRESENTED WITH SALARY RECOMMENDATIONS COMPARED TO PRIOR YEAR COMPENSATION AND COMPENSATION SURVEYS/STUDIES WHICH WOULD THEN LEAD TO AN APPROVAL BY THE COMMITTEE OF THE COMPENSATION TO BE PAID. THE LAST COMPENSATION STUDY WAS COMPLETED IN 2021 BY AN OUTSIDE CONSULTANT. 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. HL CENTER FOR CHILDREN WITH DISABILITIES 9772 DIAGONAL ROAD MANTUA OH 44255 340963865 RESIDENTIAL OH 501C3 LINE 3 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1