Bangor Nursing & Rehabilitation Center

“Any person, group of persons, corporation or association with an interest in or expertise useful for the provision of medical, rehabilitative, and support services to individuals served by or who qualify for services by the corporation, shall be eligible to be a voting member. Employees of Bangor Nursing and Rehabiliation Center cannot be members.”

“The Board of Directors are elected by the members at the annual meeting.”

“The 990 is initially reviewed by the administrator and CFO. It then is presented to the entire board who are asked for any updates before filing. The board is asked to review this thoroughly.”

“A copy of the conflict of interest policy is given to every officer, board member, and key employee on an annual basis, along with an annual disclosure statement, listing any known financial interest that the individual, or a member of the individual's family, has in any business entity that transacts business with the organization. The executive committee of the board then reviews and maintains the disclosure statements for future reference. If a conflict arises, the board member will recuse themself from participation in the deliberations and decisions relating to the conflict. The administrator personally approves contracts, dealings with subcontractors, and any internal hires to ensure that there is no conflict of interest. The Organization also maintains an electronic disclosure policy that requires an annual manager review and sign off. The board is also made aware of any contractors of consequence and is alerted to any potential conflicts of interest.”

“The compensation packages of officers and key employees are determined by independent members of the board. The compensation arrangements are approved in advance and are based upon appropriate comparability data. The deliberations and decisions made by the board are contemporaneously substantiated in written meeting minutes. Comparability data involves looking to compensation levels paid by similarly situated organizations for functionally comparable positions, including the use of compensation surveys and studies from outside organizations.”

“The Organization maintains copies of these documents on file. They are made available to the public upon request.”

“Consultant Services: Program service expenses 30,191. Management and general expenses 75,000. Fundraising expenses 0. Total expenses 105,191. Service Contracts: Program service expenses 789,938. Management and general expenses 53,065. Fundraising expenses 0. Total expenses 843,003. Contract Labor: Program service expenses 637,639. Management and general expenses 0. Fundraising expenses 0. Total expenses 637,639. Outside Services: Program service expenses 542,208. Management and general expenses 8,579. Fundraising expenses 0. Total expenses 550,787.”

“Section 1.263(a)-3(n) Election: Bangor Nursing & Rehabilitation Center 103 Texas Avenune Bangor, ME 04401 EIN 01-0538534 Bangor Nursing & Rehabilitation Center is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”