Friendship Home Inc.

“There is a family relationship between two of the directors, joan mullare and t. Kenwood mullare.”

“Friendship home's executive director, finance director, and finance/audit committee are provided with a draft version of form 990, which has been prepared by the organization's independent accountants. Any resultant comments and corrections are incorporated into the form by the independent accountants. A final version of form 990 is then provided to the board for final approval prior to its filing with the irs.”

“The friendship home executive director is responsible for assuring that the conflict of interest policy (which covers all employees and board members) is followed, with questionnaires being distributed annually and kept in the friendship home office. Any potential conflicts are reviewed by the board of directors and appropriate action is taken to assure that there is no real or perceived impropriety. If a board member has a conflict or potential conflict, they must be recused from both the discussion and vote on that issue. It is friendship home's policy not to enter into any business transactions that could be construed as a conflict of interest. If a transaction impacts an individual board member or entity in which a board member has an interest, friendship home will obtain an outside evaluation of that transaction.”

“The organization has a compensation policy for its executive director position which includes comparability data based on board members' experiences at other not-for-profit organizations. The process of determining executive director compensation is documented contemporaneously.”

“The forms are made available upon request.”

“T. Kenwood mullare served as the interim executive director of the organization from july 14, 2016 until february 6, 2017. During that time period, he worked approximately 24 hours per week at friendship home. Additionally, he spends approximately two hours per week on his director responsibilities.”