Pierce Memorial Baptist Home Inc

“Pierce memorial baptist home, inc. Entered into a leased employee services agreement with ct baptist homes, inc. Under this agreement, ct baptist homes has agreed to lease to pierce memorial baptist home, on a part-time basis, the services of its ceo. In consideration for these services, pierce memorial baptist home has agreed to reimburse ct baptist homes for fifty percent of the ceo's annual salary, payroll taxes and benefits for a period of three years, through february 28, 2017. In march 2017, the contract was renewed for an additional three-year term through february 28, 2020. In march 2020, the contract was renewed through september 30,2020. Patty morse received compensation of $297,542 from ct baptist homes for ceo services provided to pierce memorial baptist home during the year. Pierce memorial baptist home, inc. Contracts a portion of its bookkeeping services to cliftonlarsonallen llp.”

“A copy of the 990 is made available to each board member prior to filing. Any questions are then addressed by the president and ceo or the independent accounting firm prior to filing the 990.”

“Annually all employees are informed about ethics and how to report any issues they become aware of. The ethics includes conflicts of interest.”

“Compensation of the ceo is reviewed annually to outside sources such as, other form 990s of comparable facilities and independent compensation consultants recommendations and established with a compensation committee, approval of the board and a written employment contract.”

“Governing documents, financial statements and the conflict of interest statement are available at the facility's office.”

“Medical therapy: program service expenses 355,976. Management and general expenses 0. Fundraising expenses 0. Total expenses 355,976. Service contract: program service expenses 0. Management and general expenses 349,153. Fundraising expenses 0. Total expenses 349,153. Food: program service expenses 307,748. Management and general expenses 0. Fundraising expenses 0. Total expenses 307,748. Medications: program service expenses 227,744. Management and general expenses 0. Fundraising expenses 0. Total expenses 227,744. Property tax: program service expenses 191,159. Management and general expenses 0. Fundraising expenses 0. Total expenses 191,159. Dues & subscriptions: program service expenses 0. Management and general expenses 137,487. Fundraising expenses 0. Total expenses 137,487. Religious & recreational services: program service expenses 84,983. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,983. Miscellaneous: program service expenses 0. Management and general expenses 19,190. Fundraising expenses 0. Total expenses 19,190. Employee education: program service expenses 0. Management and general expenses 13,728. Fundraising expenses 0. Total expenses 13,728. Bad debt expense: program service expenses 0. Management and general expenses 11,839. Fundraising expenses 0. Total expenses 11,839.”

“Change in the value of perpetual trusts -55,110.”

“There was no change in the process from last year.”