Integrity & Accountability
Since 1981, Christian Healthcare Ministries has served Christians across the United States and in many countries around the world. CHM also is a Better Business Bureau Accredited Charity.
In accordance with good business practices and the laws governing not-for-profit tax-exempt organizations, CHM has an independent Board of Directors that controls its functions. The names and qualifications of its board members are supplied upon request.
CHM employs the following internal controls to make sure the ministry operates with integrity and accountability:
- A stringent Board of Directors conflict of interest policy is in place. It requires full disclosure of any ties to CHM and exclusion from discussing or voting on any related topic. The policy has been reviewed and approved by the Internal Revenue Service (IRS).
- Management and the Board of Directors receive and review regular financial statements and reports on CHM’s financial position. The Board also reviews and approves the ministry’s annual budget.
- An annual certified audit is conducted by an outside independent public accounting firm with not-for-profit accounting and auditing experience. These audits review all aspects of ministry operations from the receipt and disbursement of money to the systems and procedures that control operations.
- Christian Healthcare Ministries employs a highly qualified and effective chief financial officer and a general counsel, both of whom are subject to professional ethics and conflict of interest disclosure requirements.
- CHM implemented and abides by the provisions of the Sarbanes-Oxley Act of 2002, which directly addresses fraud prevention. As a non-profit organization, CHM is not legally required to take this action, but it does so voluntarily as an additional safeguard.
- CHM staff members who receive money do not disburse money.
- CHM staff members who prepare checks for payment do not sign the checks.
- CHM staff members who sign the checks do not reconcile bank statements.
- All disbursements—whether from escrow funds or operating funds—are reviewed by CHM leadership and the chief financial officer.
For more information on CHM's policies and accountability, see the CHM Guidelines. You can also view the ministry’s 2020 annual report or request financial statements by contacting CHM's financial team.