Carleton-Willard Homes Inc

“The 990 is prepared by the organization's accounting firm based on information provided by management. A draft is reviewed by the president & ceo and cfo and necessary changes are made. A final draft, complete with supporting schedules, is reviewed by the finance committee or treasurer of the board of trustees. After approval by the finance committee, the form 990 is distributed to all voting members of the board of trustees prior to filing with the irs.”

“On an annual basis, trustees and key employees (president/ceo, cfo, administrator and hr director) are required to complete a conflict of interest disclosure form. The disclosures are reviewed by the president & ceo and any conflict of interest is reported to the board of trustees. Persons with a conflict of interest are prohibited from participating in the governing body's deliberations and decisions in the related transaction.”

“The compensation committee, comprised of independent trustees, has the responsibility of overseeing the process of establishing compensation for the president & ceo on an annual basis. Along with a review of performance, the committee (periodically) utilizes the services of an independent, third-party employment specialist in determining appropriate compensation comparability data considering the individual's responsibilities, education background, experience, longevity and industry standing. The compensation committee presents the compensation recommendation to the board of trustees for approval. This process was last undertaken in 2024. Form 990, part vi, section b, line 15b: compensation for other officers and key employees of the organization is based on an annual evaluation. This annual review of compensation is comprised of a performance evaluation and salary comparison to like organizations. The employee experience and longevity are also taken into consideration. Final compensation for these positions is determined by the president & ceo.”

“The organization makes its governing documents, conflict of interest policy, form 990 and financial statements available to the public upon request for the same period of disclosure as set forth in section 6104(d). In addition, the form 990 without schedule b can be accessed via candid, formally known as guidestar, and the massachusetts attorney general website.”

“Dba: carleton-willard village”

“Facility contractors: program service expenses 420,240. Management and general expenses 0. Fundraising expenses 0. Total expenses 420,240. Housekeeping: program service expenses 1,538,010. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,538,010. Lab services: program service expenses 61. Management and general expenses 0. Fundraising expenses 0. Total expenses 61. Landscaping: program service expenses 422,827. Management and general expenses 0. Fundraising expenses 0. Total expenses 422,827. Nursing temp staff: program service expenses 840,983. Management and general expenses 0. Fundraising expenses 0. Total expenses 840,983. Other temporary staffing: program service expenses 464,917. Management and general expenses 596,299. Fundraising expenses 0. Total expenses 1,061,216. Rehab therapists: program service expenses 339,409. Management and general expenses 0. Fundraising expenses 0. Total expenses 339,409.”

“Change in beneficial interest in perpetual trust 2,955.”