Marillac Residence Inc

“The organization entered into a management agreement with legacy lifecare management effective january 1, 2021. The sisters of charity, the supporting organization, is paying the management fee on behalf of the organization. Legacy lifecare management provides management services which included the following responsibilities: 1) key personnel management 2) personnel oversight (employees & administration) 3) financial responsibilities 4) management reports 5) regulatory compliance 6) quality assurance 7) purchasing and contracting 8) bank accounts 9) policies and systems 10) admissions 11) resident services 12) maintenance and repair 13) billing and collection 14) records”

“The sisters of charity of halifax, nova scotia, the supporting organization, is the sole member.”

“The members shall have the right to vote for the election of directors. The sisters of charity appoint the directors of the board.”

“All decisions are subject to approval by the sisters of charity of halifax nova scotia.”

“No committees have the authority to act on behalf of the board.”

“A complete copy of the federal form 990, either in paper or electronic form and including all required schedules, is provided to every voting member of the board of directors for review, comment and approval prior to the returns being filed with the appropriate authorities.”

“Monitoring of the conflict of interest policy is executed by the board president. Annually, all board members complete a conflict of interest form, asking them to acknowledge they have received, read and understood the policy; to list their employment and consulting work, to list all boards and committees on which they serve and all volunteer positions. These forms are reviewed annually by the board leadership. At a board meeting, when a conflict is identified, the board member in question is asked to leave the meeting while the particular item is discussed.”

“The salary for the administrator of the organization is determined by the board of directors. A reasonable salary increase is provided by the sisters of charity annually for all employees based on inflationary rates. Bonuses are discretionary based on goals achieved during the year. A majority vote must be obtained to approve a salary amount.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Decrease in net assets with donor restrictions -923. Transfers to affiliate”