2025-11-13T12:32:59-06:00 2024-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2024-01-01 352051932 CHRISTEL HOUSE INTERNATIONAL INC CHRI 3174642010 2960 N MERIDIAN STREET 170 INDIANAPOLIS IN 46208 BECKY HAWKINS INTERIM CFO 3174642010 2025-11-07 1 1 CASSE TATE P01271193 3175802000 2025-11-07 2024 2025-03-06 01:10:19Z DAVID HARRIS 2960 N MERIDIAN STREET 170 INDIANAPOLIS IN 46208 38962031 0 X WWW.CHRISTELHOUSE.ORG X 1998 IN THE VISION OF CHRISTEL HOUSE INTERNATIONAL (CHI): A WORLD WHERE POVERTY DOES NOT LIMIT POTENTIAL. 16 15 36 15 -262330 0 17795798 25074185 750000 579017 2552075 3388514 15248 -277064 21113121 28764652 10480376 14708996 0 0 4825221 5237352 0 0 1698132 2293443 3539168 17599040 23485516 3514081 5279136 90685291 95205544 7404892 7469865 83280399 87735679 CHI PREPARES GRADUATES OF THE CHRISTEL HOUSE SCHOOLS OPERATED BY ITS AFFILIATED ENTITIES, WHICH CHI FUNDS AND OVERSEES, TO ACHIEVE UPWARD ECONOMIC MOBILITY, DEMONSTRATE GOOD CITIZENSHIP, AND BECOME EMPOWERED TO IDENTIFY AND REALIZE THEIR GOALS, DREAMS, AND HUMAN POTENTIAL. 0 0 17071206 13519124 579017 ACADEMIC PROGRAMS: THE CORNERSTONES OF CHRISTEL HOUSE'S MISSION IS ITS COMMITMENT TO ENSURING THAT STUDENTS AT ITS AFFILIATED SCHOOLS RECEIVE HIGH QUALITY K-12 ACADEMIC PROGRAMMING AND SUPPORTING GRADUATES OF THOSE SCHOOLS AS THEY PURSUE OPPORTUNITIES FOR HIGHER EDUCATION AND/OR VOCATIONAL TRAINING. IN 2024, CHRISTEL HOUSE AND ITS AFFILIATES SERVED 7,084 STUDENTS AND ALUMNI. IT OFFERS EXTENDED ACADEMIC TIME-ON-TASK FOR STUDENTS. 92% OF 2023 STUDENTS RETURNED TO SCHOOL IN 2024 (EXCLUDING GRADUATES). IN 2024, 83% OF STUDENTS ENROLLED IN POST-SECONDARY PROGRAMS AND 97% OF GRADUATES WERE CONTINUING STUDIES OR GAINFULLY EMPLOYED. 815113 645539 COMMUNITY OUTREACH: THE CHRISTEL HOUSE SCHOOLS, FUNDED AND OVERSEEN BY CHRISTEL HOUSE AND OPERATED BY ITS AFFILIATED ENTITIES, ARE NONRESIDENTIAL AND THEIR STUDENTS RETURN HOME EACH EVENING. STUDENTS LEARN THAT THEY HAVE AN OBLIGATION TO GIVE BACK AND MAKE THE WORLD A BETTER PLACE. CHRISTEL HOUSE BELIEVES THAT BY REMAINING CONNECTED TO THEIR ROOTS, STUDENTS WILL BE IN A BETTER POSITION TO MAKE A POSITIVE IMPACT ON THEIR COMMUNITIES. CHRISTEL HOUSE'S AFFILIATES PARTNER WITH FAMILIES TO CO-CREATE STUDENT SUCCESS AND PROVIDES THEM WITH THE SUPPORT TO ACHIEVE PERSONAL AND ECONOMIC GOALS. PARENT ENGAGEMENT PROGRAMMING BUILDS COMMUNITY, PARENT OWNERSHIP, PLATFORMS TO CAPTURE PARENTS' INPUT, AND FOSTERS PARENT-TO-PARENT RELATIONSHIPS. 687321 544332 HEALTH AND NUTRITION: A CHILD'S PHYSICAL, MENTAL, AND EMOTIONAL HEALTH DETERMINES ACADEMIC SUCCESS AND IMPACTS OVERALL QUALITY OF LIFE. TWO HEALTHY MEALS AND A SNACK ARE SERVED DURING REGULAR SCHOOL DAYS. MEDICAL, DENTAL, AND VISION CHECK-UPS, AS WELL AS OTHER MEDICAL SERVICES WERE PROVIDED, AND IMMUNIZATIONS WERE ADMINISTERED WHEN NEEDED, ACCORDING TO WORLD HEALTH ORGANIZATION STANDARDS. CHILDREN SUFFERING FROM TRAUMA AND LOSS WERE COUNSELLED BY MENTAL HEALTH PRACTITIONERS, AND OTHER HEALTH ISSUES WERE ADDRESSED AS NEEDED THROUGHOUT THE YEAR. 18573640 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 1 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 X 29 0 1 36 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL IN KS KY MA MD MI MN MS NC ND NH NJ NM NY OR PA RI SC TN VA WI WV X X BECKY HAWKINS 3174642010 2960 N MERIDIAN STREET SUITE 170 INDIANAPOLIS IN 46208 BARTON PETERSON CEO THROUGH 8/31, DIRECTOR 48.00 0.00 X X 274331 0 22957 DAVID HARRIS PRESIDENT AND CEO FROM 9/1 48.00 0.00 X X 492143 0 62148 STEVE ROSS CHAIRMAN THROUGH 11/30, DIRECTOR 1.00 0.00 X X 0 0 0 MARTHA LAMKIN SECRETARY, CHAIRMAN 1.00 0.00 X X 0 0 0 GUIDO NEELS TREASURER, THROUGH 11/30 1.00 0.00 X X 0 0 0 DONALD E KNEBEL DIRECTOR, SECRETARY BEGIN 12/1 1.00 0.00 X X 0 0 0 AWAIS SUFI DIRECTOR, TREASURER BEGIN 12/1 1.00 0.00 X X 0 0 0 NANCY GILLESPIE DIRECTOR 1.00 0.00 X 0 0 0 GORDON GURNIK DIRECTOR 1.00 0.00 X 0 0 0 DONALD HARRILL DIRECTOR 1.00 0.00 X 0 0 0 GAIL SHIEL MAHONEY DIRECTOR 1.00 0.00 X 0 0 0 MAURICIO MANJARREZ DIRECTOR 1.00 0.00 X 0 0 0 MARK MILES DIRECTOR 1.00 0.00 X 0 0 0 LUCAS MONTARCE DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW B MURPHY III DIRECTOR 1.00 0.00 X 0 0 0 SHIV ONEILL DIRECTOR 1.00 0.00 X 0 0 0 JUAN IGNACIO RODRIGUEZ DIRECTOR 1.00 0.00 X 0 0 0 KAMEELAH SHAHEED DIRECTOR 1.00 0.00 X 0 0 0 OLIVIER CHAVY DIRECTOR THROUGH FEB 1.00 0.00 X 0 0 0 JUDITH A KLEINER DIRECTOR THROUGH NOVEMBER 1.00 0.00 X 0 0 0 DR MATT WILL DIRECTOR THROUGH NOVEMBER 1.00 0.00 X 0 0 0 VANDANA KAPUR SR VP, CHIEF FINANCIAL OFFICER 48.00 0.00 X 274332 0 37275 MORTON BALLEN SENIOR VP GLOBAL ACADEMICS 48.00 0.00 X 357786 0 41190 DR SARAH WEIMER CHIEF OF STAFF 48.00 0.00 X 235022 0 41453 TAL GILAD SENIOR VP DEVELOPMENT 48.00 0.00 X 228645 0 15341 CAITLIN TEAGUE VP & DIR OF PROGRAMS & SVS 48.00 0.00 X 162186 0 46356 ANA PAULA BUZO CHIEF TALENT OFFICER 45.60 2.40 X 231928 11596 2215 2256373 11596 268935 14 0 1 0 DAVIS WRIGHT TREMAINE LLP 920 FIFTH AVENUE STE 3300 SEATTLE WA 98104 LEGAL SERVICES 664214 FAEGRE DRINKER BIDDLE & REATH LLP PO BOX 856522 MINNEAPOLIS MN 554856522 LEGAL SERVICES 133750 TAFT STETTINIUS & HOLLISTER LLP ONE INDIANA SQUARE STE 3500 INDIANAPOLIS IN 462042023 LEGAL SERVICES 118055 RACHEL SMITH 1046 W 23RD ST L HOUSTON TX 77008 FUNDRAISING SERVICES 117600 CHRISTINA FROEB CONSULTING LLC 264 PRESIDENT ST APT 2 BROOKLYN NY 11231 EDUCATIONAL CONSULTANT AND EXECUTIVE COA 113310 5 238165 24836020 69360 25074185 RENTAL INCOME - CHA 531120 562500 562500 MISCELLANEOUS PROGRAM 611710 16517 16517 579017 1036604 373 1036231 10092 10092 8174000 4356652 5240810 4937932 2933190 -581280 2351910 5816 2346094 0 238165 18637 -18637 -18637 INCOME FROM PASSTHROUG 900099 -268519 -268519 -268519 28764652 579017 -262330 3373780 1632174 1632174 63865 63865 13012957 13012957 1263186 631593 337380 294213 3237305 1752427 847064 637814 149061 84395 31960 32706 314499 39619 122192 152688 273301 111017 59920 102364 668902 618621 38807 11474 917332 917332 94430 94430 354258 354258 341917 47429 92718 201770 77713 11941 403 65369 82488 1252 54421 26815 164142 6363 64556 93223 172415 70201 54068 48146 263771 190005 44580 29186 136547 136547 230914 161869 66681 2364 34339 1365 32974 23485516 18573640 3213744 1698132 6650307 18101955 7268375 7817819 175039 59498 339459 172823 601247 89254 8562446 511993 31616475 30094702 35994499 37581046 78691 865708 90685291 95205544 1341604 1454001 6063288 5160143 0 855721 7404892 7469865 X 13527104 11601350 69753295 76134329 83280399 87735679 90685291 95205544 X 5279136 2675140 -10000 -3488996 X X 0 1 X 1 0 X 27673997 13493361 15885089 17795798 25074185 99922430 27673997 13493361 15885089 17795798 25074185 99922430 60390777 39531653 142531 283141 585147 996595 1046696 3054110 1396 8472 9868 1520 12246 10976 24742 103011150 5389817 0.38380 0.19780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 1,520. 2021 AMOUNT: $ 12,246. 2022 AMOUNT: $ 10,976. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 728497 74410 18206 784701 658566 87641 17710 728497 761948 -85285 18097 658566 475471 250000 52933 16456 761948 459865 33208 17602 475471 0.00000 0.88549 0.11451 0 0 34127 1832 32295 567120 87422 479698 511993 ALTERNATIVE INVESTMENTS 37581046 F 37581046 OTHER LIABILITIES 77436 OPERATING LEASE LIABILITIES 778285 855721 X 31086186 2675140 30000 -29348 2675792 28410394 354258 354258 28764652 23171258 40000 40000 23131258 354258 354258 23485516 PART V, LINE 4: ENDOWED FUNDS SUPPORT CHRISTEL HOUSE INTERNATIONAL, INC.'S MISSION BY PROVIDING FUNDS FOR STUDENT LEADERSHIP AND SCHOLARSHIPS. PART X, LINE 2: CHRISTEL HOUSE IS EXEMPT FROM U.S. FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED ("IRC"), OTHER THAN THE TAX ON UNRELATED BUSINESS TAXABLE INCOME IMPOSED BY IRC SECTION 511(A), AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), AND UNDER A SIMILAR PROVISION OF STATE LAW. AS OF THE TAX YEAR ENDING DECEMBER 31, 2024, CHRISTEL HOUSE REPORTS FOR FEDERAL TAX PURPOSES AS A PUBLICLY SUPPORTED CHARITY UNDER IRC SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). PREVIOUSLY, CHRISTEL HOUSE CLASSIFIED AS A SCHOOL UNDER IRC SECTION 170(B)(1)(A)(II). THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR 2024 AND 2023. CHRISTEL HOUSE FILES U.S. FEDERAL AND INDIANA TAX RETURNS. CHRISTEL HOUSE IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2021. MANAGEMENT BELIEVES THAT CHRISTEL HOUSE'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST RATE SWAP -29,348. 1 NORTH AMERICA 0 1 GRANTMAKING EDUCATION, HEALTH, OUTREACH 2921138 SOUTH ASIA 0 1 GRANTMAKING EDUCATION, HEALTH, OUTREACH 2083823 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING EDUCATION, HEALTH, OUTREACH 107140 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING EDUCATION, HEALTH, OUTREACH 4050558 SUB-SAHARAN AFRICA 0 0 GRANTMAKING EDUCATION, HEALTH, OUTREACH 3850298 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 22597624 0 2 0 0 0 2 35610581 0 35610581 NORTH AMERICA EDUCATION 2921138 WIRE TRANSFER 0 SOUTH ASIA EDUCATION 2083823 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) EDUCATION 107140 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN EDUCATION 4050558 WIRE TRANSFER 0 SUB-SAHARAN AFRICA EDUCATION 3850298 WIRE TRANSFER 0 5 0 1 0 1 1 1 0 PART I, LINE 2: GRANTS FUNDS ARE PROVIDED TO AFFILIATED, FOREIGN SCHOOLS. THE SCHOOLS MAINTAIN LONG-TERM AS WELL AS SHORT-TERM BUSINESS PLANS THAT ARE REVIEWED BY CHRISTEL HOUSE INTERNATIONAL, INC. (CHI). THE SCHOOLS' SCHOOL YEAR BUSINESS PLANS AND BUDGETS ARE REVIEWED BY CHI ON AN ANNUAL BASIS. WE HAVE DEVELOPED KPI AUTOMATION TO PROVIDE DETAILED MONTHLY REPORTING OF PROGRESS TOWARDS BUSINESS PLAN OBJECTIVES. CHI MANAGEMENT ATTENDS AT LEAST ONE BOARD MEETING PER SCHOOL PER YEAR. THE SCHOOLS ARE SUBJECT TO AUDIT BY INDEPENDENT PUBLIC ACCOUNTANTS ON AN ANNUAL BASIS. AUDIT REPORTS AND CORRECTIVE ACTION PLANS ARE SUPPLIED TO CHI. CHI MANAGEMENT PERFORMS ANNUAL AUDITS OF PROGRAMS, FINANCIAL AND OTHER AREAS. X X X X X X X 1 RACHEL SMITH 1046 W 23RD ST L HOUSTON TX 77008 FUNDRAISING SERVICES 0 0 132600 -132600 ESTHER GRISHAM 19719 MCDONALD PLACE WESTFIELD IN 46074 FUNDRAISING SERVICES 0 0 51869 -51869 184469 -184469 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC VIRTUAL WALK 238165 238165 2009 16628 238165 238165 2009 16628 18637 -18637 1 CHRISTEL HOUSE ACADEMY INC 2405 MADISON AVENUE INDIANAPOLIS IN 46225 020550824 501(C)(3) 1632174 0 EDUCATION 1 0 COLLEGE AND CAREER ASSISTANCE 129 63865 PART I, LINE 2: ORGANIZATIONS: GRANT FUNDS ARE PROVIDED TO CHRISTEL HOUSE ACADEMY INC. (CH INDY), A NETWORK OF INDIANAPOLIS, INDIANA-BASED CHARTER SCHOOLS. CH INDY MAINTAINS LONG-TERM AS WELL AS SHORTTERM BUSINESS PLANS THAT ARE REVIEWED BY CHI. THE CH INDY SCHOOL YEAR BUDGETS ARE REVIEWED BY CHI ON AN ANNUAL BASIS. CH INDY PROVIDES DETAILED MONTHLY REPORTING OF PROGRESS TOWARDS BUSINESS PLAN OBJECTIVES. CHI MANAGEMENT ALSO ATTENDS ALL CH INDY BOARD MEETINGS. CH INDY IS AUDITED ON A GAAP BASIS ONCE PER YEAR. AUDIT REPORTS AND CORRECTIVE ACTION PLANS ARE SUPPLIED TO AND REVIEWED BY CHI. INDIVIDUALS: CHRISTEL HOUSE INTERNATIONAL, INC. ("CHI") PROVIDES GRANT FUNDS TO GRADUATES OF CHRISTEL HOUSE ACADEMY, INC. ("CH INDY"), A CHI AFFILIATE AND SECTION 501(C)(3) ORGANIZATION CLASSIFIED AS A SCHOOL, WHICH OPERATES A NETWORK OF INDIANAPOLIS, INDIANA-BASED CHARTER SCHOOLS. CHI AND THE COLLEGE & CAREERS ADMINISTRATOR AT CH INDY TOGETHER DEVELOP AN ANNUAL BUDGET FOR CHI'S GRANT FUNDING BASED ON STUDENT NEEDS FOR COLLEGE AND CAREER ASSISTANCE, WHICH CHI PROVIDES UNDER A WRITTEN POLICY ACCORDING TO OBJECTIVE AND NONDISCRIMINATORY CRITERIA. CHI TYPICALLY DOES NOT MAKE PAYMENTS TO THE INDIVIDUAL CH INDY GRADUATES, BUT INSTEAD MAKES PAYMENTS ON THEIR BEHALF TO UNIVERSITIES, BOOKSTORES, AND OTHER VENDORS. IN ADDITION, CHI PROVIDES GAS CARDS FOR STUDENTS WHO LACK SUFFICIENT FUNDS FOR TRAVEL TO AND FROM COLLEGE. ALL RECIPIENTS OF CHI'S COLLEGE & CAREERS ASSISTANCE ARE REQUIRED TO MEET REGULARLY WITH CH INDY'S COLLEGE & CAREERS COUNSELORS. STUDENTS PURSUING HIGHER EDUCATION MUST PROVIDE DOCUMENTATION OF CLASS ENROLLMENT AND MAY BE REQUIRED TO PROVIDE AN ACADEMIC TRANSCRIPT. X X X X X 0 0 0 0 0 0 0 1 0 DAVID HARRIS PRESIDENT AND CEO FROM 9/1 429143 0 63000 0 0 0 31050 0 31098 0 554291 0 0 0 MORTON BALLEN SENIOR VP GLOBAL ACADEMICS 326610 0 31176 0 0 0 31050 0 10140 0 398976 0 0 0 VANDANA KAPUR SR VP, CHIEF FINANCIAL OFFICER 246794 0 27538 0 0 0 6274 0 31001 0 311607 0 0 0 BARTON PETERSON CEO THROUGH 8/31, DIRECTOR 217331 0 57000 0 0 0 11034 0 11923 0 297288 0 0 0 DR SARAH WEIMER CHIEF OF STAFF 215635 0 19387 0 0 0 10585 0 30868 0 276475 0 0 0 ANA PAULA BUZO CHIEF TALENT OFFICER 187467 9373 44461 2223 0 0 0 0 2110 105 234038 11701 0 0 TAL GILAD SENIOR VP DEVELOPMENT 219532 0 9113 0 0 0 5119 0 10222 0 243986 0 0 0 CAITLIN TEAGUE VP & DIR OF PROGRAMS & SVS 145314 0 16872 0 0 0 15608 0 30748 0 208542 0 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS SET BY THE ORGANIZATION'S CHAIRMAN OF THE BOARD WORKING CLOSELY WITH THE CHAIRMAN OF EXECUTIVE, NOMINATING AND COMPENSATION COMMITTEE. THE CEO'S COMPENSATION RANGE IS DETERMINED BY A THIRD PARTY PROFESSIONAL COMPENSATION BENCHMARKING FIRM UTILIZING A VARIETY OF MARKET BASED SOURCES FOR SIMILAR POSITIONS OF COMPARABLE SIZE FIRMS, INCLUDING LOCAL AND NATIONAL FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN 2024. CRITERIA SUCH AS OFFICER TITLE, COMPANY INSTITUTIONAL KNOWLEDGE, OVERALL CAREER EXPERIENCE, TOTAL NUMBER OF YEARS AT THE COMPANY, TOTAL NUMBER OF YEARS IN CURRENT POSITION, HIGHEST LEVEL OF EDUCATION, APPLICABLE PROFESSIONAL CERTIFICATIONS OR CREDENTIALS AND HISTORICAL JOB PERFROMANCE ARE CONSIDERED WHEN DETERMINING THE PLACEMENT IN THE COMPENSATION RANGE. ANNUALLY, THE PROPOSED CEO COMPENSATION IS REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS IN EXECUTIVE SESSION. PART I, LINE 7 CHI'S PERFORMANCE EVALUATION SYSTEM IS DESIGNED TO ALIGN INDIVIDUAL GOALS WITH COMPANY-WIDE OBJECTIVES AND THE OVERALL STRATEGIC DIRECTION OF THE ORGANIZATION. EACH EMPLOYEE SETS PERFORMANCE GOALS IN COLLABORATION WITH THEIR SUPERVISOR, ENSURING THAT THE GOALS ARE REFLECTIVE OF BOTH PERSONAL AND ORGANIZATIONAL PRIORITIES. ONCE FINALIZED, THESE GOALS ARE UPLOADED INTO OUR SYSTEM AND ARE SUBJECT TO A MID-TERM REVIEW AND AN END-OF-YEAR REVIEW. THE EVALUATION PROCESS INCORPORATES INPUT FROM BOTH THE EMPLOYEE AND THE SUPERVISOR, ENSURING THAT PERFORMANCE IS ASSESSED BASED ON OBJECTIVE METRICS AS WELL AS DEMONSTRATED COMPETENCIES AND AREAS FOR DEVELOPMENT. BONUSES ARE DETERMINED BY THESE PERFORMANCE OUTCOMES, ENSURING A CLEAR CONNECTION BETWEEN ACHIEVEMENTS AND REWARDS. THE GEO'S BONUS IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE CEO APPROVES THE BONUSES OF OTHER STAFF MEMBERS BASED ON PERFORMANCE OUTCOMES. A INDIANA FINANCE AUTHORITY - EDUC FACILITY REV BOND 351602316 2015-01-29 19000000 CONSTRUCTION, INSTALLATION, EQUIP 0 0 0 A 13839857 19000000 6669507 80700 12249793 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 1 PNC BANK 20.000000000000 0 0 0 0 1 A 1 X 8 69360 FAIR MARKET VALUE 0 1 0 FORM 990, PART V, LINE 2. CHRISTEL HOUSE INTERNATIONAL, INC. COMPENSATES ITS COMMON LAW EMPLOYEES THROUGH A PROFESSIONAL EMPLOYER ORGANIZATION, CD ENTERPRISES, LTD., WHICH IT REIMBURSES ON A DIRECT COST BASIS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED FOR VARIOUS PURPOSES INCLUDING UPDATING THE STRUCTURE OF THE BOARD OF DIRECTORS AND THE POWERS OF THE BOARD. THE UPDATES INCLUDED A DESCRIPTION OF EMERITIS DIRECTORS, HOW AN OFFICER CAN BE REMOVED AND WHAT HAPPENS WHEN AN OFFICER RESIGNS. THE COMMITTEE STRUCTURES WERE UPDATED IN THIS AMENDMENT. THE AMENDMENT ALSO ADDRESSES GRANTMAKING INCLUDING THE POWER OF THE BOARD TO AWARD GRANTS. OTHER CHANGES INCLUDE A STATEMENT ON LACK OF A CORPORATE SEAL, EXECUTION OF CONTRACTS, THE FISCAL YEAR AND THE STATEMENT OF PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING AND AUDITING FIRM. THE DRAFT IS REVIEWED IN DETAIL BY THE CFO AND VP/CONTROLLER. AFTER APPROPRIATE MODIFICATIONS RESULTING FROM THIS REVIEW, A REVISED DRAFT IS PROVIDED TO THE CHIEF EXECUTIVE OFFICER AS WELL AS ALL MEMBERS OF THE BOARD OF DIRECTORS. THE CEO AND BOARD MEMBERS COMMUNICATE ANY QUESTIONS AND/OR REVISIONS TO THE CFO WHO COORDINATES FINAL REVISIONS WITH FIRM MANAGEMENT. THE FULL BOARD OF DIRECTORS, LEGAL COUNSEL, AND THE FINANCE AND AUDIT COMMITTEES REVIEW THE RETURN PRIOR TO FILING. FORM 990, PART VI, LINE 15B THE OFFICERS AND KEY EMPLOYEES COMPENSATION RANGES ARE DETERMINED BY A THIRD PARTY PROFESSIONAL COMPENSATION BENCH-MARKING FIRM UTILIZING A VARIETY OF MARKET BASED SOURCES FOR SIMILAR POSITIONS OF COMPARABLE SIZE FIRMS INCLUDING LOCAL AND NATIONAL FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN 2024. CRITERIA SUCH AS OFFICER TITLE, COMPANY INSTITUTIONAL KNOWLEDGE, OVERALL CAREER EXPERIENCE, TOTAL NUMBER OF YEARS AT THE COMPANY, TOTAL NUMBER OF YEARS IN CURRENT POSITION, HIGHEST LEVEL OF EDUCATION, APPLICABLE PROFESSIONAL CERTIFICATIONS OR CREDENTIALS AND HISTORICAL JOB PERFORMANCE ARE CONSIDERED WHEN DETERMINING THE PLACEMENT IN THE COMPENSATION RANGE. ANNUALLY, THE CEO, CHAIRMAN OF THE BOARD AND CHAIRMAN OF THE EXECUTIVE, NOMINATING AND COMPENSATION COMMITTEE REVIEW AND APPROVE THE OFFICER AND KEY EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 12C CHRISTEL HOUSE INTERNATIONAL, INC. MAINTAINS COMPREHENSIVE CONFLICT OF INTEREST POLICIES FOR ALL EMPLOYEES, OFFICERS AND DIRECTORS. THE POLICY RELATED TO EMPLOYEES AND OFFICERS IS CONTAINED IN THE EMPLOYEE HANDBOOK WHICH IS REVIEWED ANNUALLY WITH ALL EMPLOYEES. IN CONNECTION WITH THIS REVIEW, ALL EMPLOYEES AND OFFICERS DISCLOSE AND SIGN A CONFLICT OF INTEREST STATEMENT. IN ADDITION, THE POLICY REQUIRES REPORTING OF CONFLICT OR POTENTIAL CONFLICTS ARISING ANY TIME DURING THE YEAR. THE BOARD OF DIRECTORS SIMILARLY REVIEW AND DISCLOSE CONFLICTS ANNUALLY AND ARE REQUIRED TO REPORT CONFLICTS THAT MAY ARISE DURING THE YEAR. THE CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE SENIOR VP AND CFO. IF THERE IS A CONFLICT, IT IS BROUGHT TO THE PRESIDENT/CEO'S ATTENTION. A BOARD MEMBER WITH A CONFLICT OF INTEREST ABSTAINS FROM VOTING ON TRANSACTIONS RELATED TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS SET BY THE ORGANIZATION'S CHAIRMAN OF THE BOARD WORKING CLOSELY WITH THE CHAIRMAN OF EXECUTIVE, NOMINATING AND COMPENSATION COMMITTEE. THE CEO'S COMPENSATION RANGE IS DETERMINED BY A THIRD PARTY PROFESSIONAL COMPENSATION BENCHMARKING FIRM UTILIZING A VARIETY OF MARKET BASED SOURCES FOR SIMILAR POSITIONS OF COMPARABLE SIZE FIRMS, INCLUDING LOCAL AND NATIONAL FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN 2024. CRITERIA SUCH AS OFFICER TITLE, COMPANY INSTITUTIONAL KNOWLEDGE, OVERALL CAREER EXPERIENCE, TOTAL NUMBER OF YEARS AT THE COMPANY, TOTAL NUMBER OF YEARS IN CURRENT POSITION, HIGHEST LEVEL OF EDUCATION, APPLICABLE PROFESSIONAL CERTIFICATIONS OR CREDENTIALS AND HISTORICAL JOB PERFROMANCE ARE CONSIDERED WHEN DETERMINING THE PLACEMENT IN THE COMPENSATION RANGE. ANNUALLY, THE PROPOSED CEO COMPENSATION IS REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS IN EXECUTIVE SESSION. THE SENIOR VICE PRESIDENT - MARKETING AND DEVELOPMENT AND SENIOR VICE PRESIDENT/CFO (OFFICERS AND KEY EMPLOYEES), COMPENSATION RANGES ARE DETERMINED BY A THIRD PARTY PROFESSIONAL COMPENSATION BENCH-MARKING FIRM UTILIZING A VARIETY OF MARKET BASED SOURCES FOR SIMILAR POSITIONS OF COMPARABLE SIZE FIRMS INCLUDING LOCAL AND NATIONAL FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED IN 2024. CRITERIA SUCH AS OFFICER TITLE, COMPANY INSTITUTIONAL KNOWLEDGE, OVERALL CAREER EXPERIENCE, TOTAL NUMBER OF YEARS AT THE COMPANY, TOTAL NUMBER OF YEARS IN CURRENT POSITION, HIGHEST LEVEL OF EDUCATION, APPLICABLE PROFESSIONAL CERTIFICATIONS OR CREDENTIALS AND HISTORICAL JOB PERFORMANCE ARE CONSIDERED WHEN DETERMINING THE PLACEMENT IN THE COMPENSATION RANGE.ANNUALLY, THE CEO, CHAIRMAN OF THE BOARD AND CHAIRMAN OF THE EXECUTIVE, NOMINATING AND COMPENSATION COMMITTEE REVIEW AND APPROVE THE OFFICER AND KEY EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, TAX RETURNS, ETC. ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990, 990T, ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS CAN BE VIEWED ON THE ORGANIZATION'S WEBSITE FORM 990, PART VI, SECTION A, LINE 1B DAVID HARRIS IS COMPENSATED BY CHRISTEL HOUSE INTERNATIONAL INC AND THEREFORE IS NOT AN INDEPENDENT VOTING MEMBER OF THE BOARD OF DIRECTORS. BART PETERSON WAS COMPENSATED BY CHRISTEL HOUSE INTERNATIONAL INC UNTIL JULY AND THEREFORE IS NOT AN INDEPENDENT VOTING MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP -29,348. ADJUSTMENT FOR 2023 MARK-TO-MARKET ON 2024 SALE OF ASSETS -3,459,648. FORM 990, PART XII, LINE 2C. THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. A NEW INDEPENDENT AUDITOR WAS SELECTED IN 2024. 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