Carleton Willard Homes Inc.

“The 990 is prepared by the organization's accounting firm based on information provided by the 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 2020. 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 is 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 guidestar and the massachusetts attorney general website.”

“Dba: carleton-willard village”

“Housekeeping: program service expenses 1,139,876. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,139,876. Lab svcs - covid: program service expenses 863,620. Management and general expenses 0. Fundraising expenses 0. Total expenses 863,620. Nursing temp staff: program service expenses 597,413. Management and general expenses 0. Fundraising expenses 0. Total expenses 597,413. Rehab therapists: program service expenses 425,876. Management and general expenses 0. Fundraising expenses 0. Total expenses 425,876. Landscaping: program service expenses 356,625. Management and general expenses 0. Fundraising expenses 0. Total expenses 356,625. Facility contractors: program service expenses 181,301. Management and general expenses 0. Fundraising expenses 0. Total expenses 181,301. Other temp staffing: program service expenses 99,462. Management and general expenses 36,326. Fundraising expenses 0. Total expenses 135,788. Other fees: program service expenses 368,925. Management and general expenses 211,633. Fundraising expenses 0. Total expenses 580,558.”

“Change in beneficial interest in perpetual trust 12,809.”