Geneva Nursing Home II Inc

“Sole member of geneva nursing home ii, inc. Is finger lakes regional health system (dba finger lakes health). The sole member of finger lakes health is university of rochester (ur). Finger lakes health as sole member of geneva nursing home ii, inc. Appoints/removes directors; approves any aspect of strategic plan and capital operating/capital budgets that would result in a call upon ur financial resources not dedicated for support of geneva nursing home ii, inc. And its affiliates, or has major impact on ur academic programs, or contravene a board approved policy of ur; approves incurrence of debt proposed by corporation including issuances of bonds that would call upon ur financial resources not dedicated for support of geneva nursing home ii, inc. And its affiliates, or has major impact on ur academic programs, or contravene a board approved policy of ur, or adversely affect ur's ability to issue tax exempt debt; approves amendments to certificate of incorporation or bylaws; approves any merger, consolidation or dissolution of corporation; approves sale, lease, mortgage or other disposition of all or substantially all of assets of corporation; approves actions taken by geneva nursing home ii, inc. As member/shareholder of an affiliate of geneva nursing home ii, inc. ; approves matters/actions reserved to members of not-for-profit corporations under nys law.”

“Sole member of geneva nursing home ii, inc. Is finger lakes regional health system (dba finger lakes health). The sole member of finger lakes health is university of rochester (ur). Finger lakes health as sole member of geneva nursing home ii, inc. Appoints/removes directors; approves any aspect of strategic plan and capital operating/capital budgets that would result in a call upon ur financial resources not dedicated for support of geneva nursing home ii, inc. And its affiliates, or has major impact on ur academic programs, or contravene a board approved policy of ur; approves incurrence of debt proposed by corporation including issuances of bonds that would call upon ur financial resources not dedicated for support of geneva nursing home ii, inc. And its affiliates, or has major impact on ur academic programs, or contravene a board approved policy of ur, or adversely affect ur's ability to issue tax exempt debt; approves amendments to certificate of incorporation or bylaws; approves any merger, consolidation or dissolution of corporation; approves sale, lease, mortgage or other disposition of all or substantially all of assets of corporation; approves actions taken by geneva nursing home ii, inc. As member/shareholder of an affiliate of geneva nursing home ii, inc. ; approves matters/actions reserved to members of not-for-profit corporations under nys law.”

“Election and removal of directors, amendment of bylaws, certificate of incorporation amendments, are reserved to the sole member (flrhs) per bylaws.”

“The form 990 is reviewed by the administrative committee of the board prior to being filed. Any committee findings are reviewed and implemented as appropriate by management. The committee reports on this discussion to the full board.”

“Lcn maintains a conflict of interest policy which board members are required to sign prior to taking office. Statements are updated and reviewed annually by an administrative committee. The process for handling any conflict of interest which may arise is detailed in the corporate bylaws and conflict of interest policy.”

“Compensation is reviewed by a compensation committee, and comparability data is part of the decision.”

“Lcn makes its governing documents, conflict of interest policies and financial statements available to the public where required by law and upon request. Lcn's form 990 is provided to any individual who provided a request in person or who submits a written request. There is no charge other than a reasonable fee for copying and postage. Copies are available at the finance office. An electronic version may be found at www.guidestar.org.”

“Lcs has a board committee who assumes responsibility for oversight of the audit and selection of an independent accountant. This process has not changed since the prior year.”