2025-05-09T15:35:45-05:00 2024-06-30 341667340 PACKER THOMAS 6601 WESTFORD PLACE SUITE 101 CANFIELD OH 44406 990 2023-07-01 341645670 CADENCE CARE NETWORK CADE 3305448005 PO BOX 683 NILES OH 44446 MATT KRESIC CEO 3305448005 2025-04-15 1 0 CYNTHIA A WOLLET CPA P01482547 3305339777 2025-04-15 2023 2025-03-06 01:10:19Z MATT KRESIC PO BOX 683 NILES OH 44446 20742496 0 X WWW.CADENCECARE.ORG X 1990 OH TO PLACE DEPENDENT, ABUSED, NEGLECTED, AND DELINQUENT CHILDREN IN PRIVATE FOSTER HOMES AND TO PROVIDE COMMUNITY-BASED MENTAL HEALTH SERVICES TO CHILDREN AND FAMILIES. 10 10 261 0 0 0 1527916 1572852 13593484 18945918 8934 25905 61613 187079 15191947 20731754 0 0 0 0 9900030 13099232 0 0 0 3870752 4436272 13770782 17535504 1421165 3196250 6980245 10010011 3099763 2841352 3880482 7168659 X TO PLACE DEPENDENT, ABUSED, NEGLECTED, AND DELINQUENT CHILDREN IN PRIVATE FOSTER HOMES AND TO PROVIDE COMMUNITY-BASED MENTAL HEALTH SERVICES TO CHILDREN AND FAMILIES. 0 0 3976701 4001859 TO PLACE DEPENDENT, ABUSED, NEGLECTED, AND DELINQUENT CHILDREN IN PRIVATE FOSTER HOMES. THIS INCLUDES, AMONG OTHERS, THE BRIDGES PROGRAM, WHICH EXTENDS HOUSING AND OTHER SUPPORTIVE SERVICES TO ELIGIBLE YOUNG ADULTS WHO LEAVE FOSTER CARE ON OR AFTER THEIR 18TH BIRTHDAY BUT ARE NOT YET 21. THIS PROGRAM IS INTENDED TO HELP FORMER FOSTER YOUTH SUCCESSFULLY TRANSITION TO INDEPENDENCE. 6453744 7347827 TO PROVIDE COMMUNITY-BASED MENTAL HEALTH SERVICES TO CHILDREN AND FAMILIES. (MEDICAID REVENUE IS REPORTED AS PROGRAM SERVICE REVENUE IN ACCORDANCE WITH IRS REGULATIONS.) THERE ARE PROGRAMS TO: PROVIDE CONSULTATION WITH DAYCARE PROVIDERS REGARDING MENTAL HEALTH ISSUES OF THEIR CLIENTS; COORDINATE WRAPAROUND SERVICES WITH FAMILY AND CHILDREN FIRST COUNCIL; PROVIDE RESILIENCY-BASED PROGRAMMING IN TRUMBULL COUNTY OHIO SCHOOLS; PROVIDE ADOLESCENT PEER SUPPORT EDUCATION AND COACHING; AND PROVIDE TRAINING AND CONSULTATION. 3303075 7644363 IN FEBRUARY 2022, CADENCE CARE NETWORK WAS SELECTED BY THE OHIO DEPARTMENT OF MEDICAID ("ODM") TO IMPLEMENT THE OHIO RESILIENCE THROUGH INTEGRATED SYSTEMS AND EXCELLENCE PROGRAM ("OHIORISE PROGRAM"), SERVING AS THE SPECIALIZED MANAGED CARE ORGANIZATION FOR THE STATE'S CHILDREN WITH THE MOST COMPLEX BEHAVORIAL HEALTH NEEDS THROUGH OFFERING AND ADMINISTERING THE OHIORISE PLAN. CADENCE CARE NETWORK IS AN ENROLLED MEDICAID PROVIDER THAT IS RESPONSIBLE FOR DELIVERING CME SERVICES FOR THE OHIORISE PROGRAM, INCLUDING ICC/MCC SERVICES, 1915C LEVEL OF CARE EVALUATION SUPPORT, CHILD AND ADOLESCENT NEEDS AND STRENGTHS (CANS) ASSESSMENTS, AND OTHER AGREED UPON SERVICES. 214080 124141 CADENCE COFFEEHOUSE AND CREPERIE IS A SOCIAL ENTERPRISE, ESTABLISHED BY CADENCE CARE NETWORK, THAT SEEKS TO OFFER JOB TRAINING AND EMPLOYMENT OPPORTUNITIES FOR THE YOUTH WE SERVE WHILE SUPPORTING PROGRAMMING THAT BUILDS RESILIENT AND STRONG YOUNG ADULTS WITH ANY REVENUE GENERATED BY THE ENDEAVOR. 214080 124141 13947600 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 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 0 0 0 0 1 55 0 1 261 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 1 1 0 OH X X X MARK BAYNES 3305448005 P O BOX 683 NILES OH 44446 JODI RIEDEL-GLASER PRESIDENT 1.00 X X 0 0 0 JAMIE HAREN TRUSTEE 1.00 X 0 0 0 DON DEITEMYER TREASURER 1.00 X X 0 0 0 ANDREW THOMPSON SECRETARY 1.00 X X 0 0 0 PATRICIA DREHER TRUSTEE 1.00 X 0 0 0 JOHN GRUNDY VICE PRESIDENT 1.00 X X 0 0 0 CATENA SHORTREED TRUSTEE 1.00 X 0 0 0 TERRY P ARMSTRONG TRUSTEE 1.00 X 0 0 0 DEAN BAGNOLA TRUSTEE 1.00 X 0 0 0 MARY DEGENARO THRU 0524 TRUSTEE 1.00 X 0 0 0 SHEA MACMILLAN AS OF 0524 TRUSTEE 0.00 X 0 0 0 MATT KRESIC CEO 40.00 X 155347 0 16132 BRIAN WILLIAMS THRU 052024 CFO 40.00 X 93190 0 6992 MARK BAYNES AS OF 052024 CFO 40.00 X 0 0 0 248537 0 23124 1 0 1 0 0 1545158 27694 1572852 OHIORISE 624100 7644363 7644363 MEDICAID SUPPORT 624100 5855323 5855323 PER DIEM SUPPORT 624100 2106764 2106764 BRIDGES REVENUE 624100 1876641 1876641 SCHOOL SOCIAL WORK REVENUE 624100 745387 745387 717440 717440 18945918 25905 25905 25549 10742 14807 14807 OTHER REVENUE 624100 109785 109785 BAD DEBT EXPENSE RECOVERY 900099 49432 49432 DEBT FORGIVENESS 624100 13055 13055 172272 20731754 19118190 0 40712 271660 271660 10619893 8743185 1876708 1273310 754395 518915 934369 772901 161468 105 105 66912 8153 58759 40971 21676 19295 161313 128997 32316 540669 518100 22569 22996 18855 4141 76442 22 76420 165361 165361 187872 473 187399 PROGRAM EXPENSES 2686576 2686483 93 TELEPHONE EXPENSE 169313 159182 10131 COMPUTER EXPENSE 79053 0 79053 RENT 78293 78293 0 160396 56885 103511 17535504 13947600 3587904 0 1322187 1736828 1862518 4250030 390143 269865 190825 23802 3747999 1106384 2407913 2641615 750877 926371 55782 161500 6980245 10010011 285556 407772 24693 48970 1125546 909872 1663968 1474738 3099763 2841352 X 3880482 7168659 3880482 7168659 6980245 10010011 3196250 91927 0 X X 0 1 X 1 1 1 X 984619 1287573 1544433 1527916 1572852 6917393 984619 1287573 1544433 1527916 1572852 6917393 6917393 4807 723 536 8934 25905 40905 103106 1009968 48443 61613 172272 1395402 8353700 49150189 0.82810 0.82890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 103,106. 2020 AMOUNT: $ 295,768. 2021 AMOUNT: $ 24,510. 2022 AMOUNT: $ 48,558. 2023 AMOUNT: $ 159,217. DEBT FORGIVENESS - 2020 AMOUNT: $ 714,200. 2021 AMOUNT: $ 23,933. 2022 AMOUNT: $ 13,055. 2023 AMOUNT: $ 13,055. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115657 115657 2655873 566383 2089490 976469 540001 436468 2641615 ACCRUED PAYROLL AND EXPENSES 463664 OTHER LIABILITIES 1223 DEFERRED RETIREMENT PAYABLE 822426 LINES OF CREDIT 5068 OBLIGATIONS UNDER FINANCE LEASES 55715 OBLIGATIONS UNDER OPERATING LEASES 126642 1474738 20784886 91927 -105 91822 20693064 38690 38690 20731754 17496709 0 17496709 38795 38795 17535504 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -105. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -10,742. BAD DEBT RECOVERY 49,432. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 105. FUNDRAISING EXPENSES -10,742. BAD DEBT RECOVERY 49,432. HAHA GALA 25549 25549 10742 25549 25549 10742 10742 14807 0 0 0 0 0 0 0 0 0 MATT KRESIC CEO 155347 0 0 0 0 0 0 0 16132 0 171479 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE BOARD BY THE FINANCE COMMITTEE. THE BOARD REVIEWS THIS DOCUMENT AND THEN VOTES ITS APPROVAL. THIS REVIEW AND APPROVAL IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. THIS REVIEW AND APPROVAL OCCURS PRIOR TO THE SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C ANY TIME A CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST EXISTS, THE INVOLVED BOARD MEMBER, EMPLOYEE, PAID CONSULTANT, OR THEIR IMMEDIATE FAMILY SHOULD REPORT THIS TO THE BOARD OF TRUSTEES OR THE CEO. THE ITEM IS THEN PLACED ON THE AGENDA OF THE NEXT BOARD MEETING AND THE CONFLICT OF INTEREST POLICY IS FOLLOWED. CADENCE CARE NETWORK WILL NOT ALLOW ANY FUNDS TO BE PAID UNTIL THIS PROCESS IS FOLLOWED. ADDITIONALLY, AN APPROVAL OR DISAPPROVAL IS MAINTAINED IN THE MINUTES OF THE BOARD AND MUST BE REPEATED ANNUALLY IF THE POTENTIAL CONFLICT IS ONGOING IN NATURE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION PACKAGE IS SET BY THE BOARD OF TRUSTEES. THE TRUSTEES EVALUATE THE PERFORMANCE OF THE CEO, REVIEW THE FINANCIAL POSITION AND COMPARE DATA FROM GUIDESTAR FOR COMPENSATION FOR NON-PROFIT ORGANIZATIONS. AFTER AN EXTENSIVE REVIEW OF ALL FACTORS, COMPENSATION IS SET. A VOTE OF THE TRUSTEES IS TAKEN AND, UPON APPROVAL, THE AMOUNT IS INCLUDED IN THE ANNUAL BUDGET. THIS INFORMATION AND VOTE IS MAINTAINED IN THE MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES. COMPENSATION FOR KEY EMPLOYEES IS SET BY THE CEO AFTER EVALUATING THEIR PERFORMANCE, REVIEWING THE FINANCIAL POSITION AND COMPARING DATA FROM GUIDESTAR FOR COMPENSATION FOR NON-PROFIT ORGANIZATIONS. THESE COMPENSATION AMOUNTS ARE ALSO PLACED IN THE ANNUAL BUDGET, THEN APPROVED BY THE BOARD OF TRUSTEES. THIS APPROVAL IS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE CURRENTLY AVAILABLE AT THE RECEPTION DESK OR BY MAIL. FINANCIAL INFORMATION IS AVAILABLE ON THE WEBSITE AND ALSO ON GUIDESTAR'S WEBSITE. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.