Foundation for Long Term Care Inc

“The sole member of the organization is leadingage new york, inc., a new york not-for-profit corporation.”

“Leadingage new york, inc. Elects the board of directors at the annual meeting.”

“Audit committee of leadingage new york, inc. And related entities has the authority to review and recommend for approval the 990 form on the board of directors' behalf. The 990 form is distributed to the full board prior to filing.”

“Annually, all board members, officers, and key employees are provided a copy of the conflict of interest policy and are asked to review the policy and to disclose any potential or actual conflicts that may have occurred since the last disclosure. The executive assistant to the president is responsible for distribution of policies and the subsequent collection of responses. Responses noting conflicts are reviewed by the president and board chair. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists and what further actions should be taken.”

“Each year a benchmark is established for the ceo's compensation by utilizing an outside compensation consultant. The benchmark is given annually to the compensation committee of the board of directors who meet to evaluate the ceo performance at the end of the year and analyze the salary structure to determine salary increases, if applicable. This is approved by the board in executive session.”

“Records are available upon request.”

“Documents are made available upon request.”

“Consulting fees: program service expenses 90,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 90,491.”

“No changes have been made in the process of selecting an independent accountant.”