Kendal at Home

“The kendal corporation, a 501(c)(3) public charity, is considered the sole member based on the internal revenue service definition of member for purposes of this question.”

“The directors shall seek and must obtain the approval of the kendal corporation with respect to the selection of new members of the board of directors of the corporation.”

“The directors shall seek and must obtain the approval of the kendal corporation with respect to the following: changes in corporate purposes, the incurring of indebtness with a value larger then that specified in the most recent affiliation agreement, the corporation's use of the name "kendal", the substance of resident contracts, the purchase, sale, lease, or other disposition of any real estate or improvements, dissolution, merger, or acquisition of another entity, selection of new members to the board of directors, and amendments to the articles of incorporation or the by-laws.”

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

“The form 990 and all accompanying schedules (herein form 990) is prepared by an independent accounting firm. Kendal at home provides a copy of the form 990 to the finance committee for review and approval. The form 990 is also provided to the full board of directors prior to filing for their awareness and acceptance.”

“The conflict of interest policy applies to officers, key employees (if any) and the board of directors. Kendal at home's governance committee of the board reviews all of the completed conflict of interest statements. This information is summarized and shared with the full board of directors for their awareness of any potential conflicts. If a person has a conflict, it is disclosed and they will not participate in the decision making process.”

“The performance and compensation of the executive director of kendal at home is reviewed annually by the governance committee of the board of directors. Salary surveys with comparable organizations that are similar size are provided by the kendal corporation as part of the compensation adjustment process. This is further evaluated against the performance of the executive director through a performance review process that compares actual performance against the overall goals of the organization. Input is obtained from the full board of directors and is discussed with the full board as part of the annual board meeting. The contemporaneous substantiation of the deliberation and decision is documented in executive session. This process was last undertaken in 2020. Form 990, part vi, section b, line 15b: no other compensated individual meets the internal revenue service definition of officer or key employee.”

“The audited financial statements are included as part of the annual disclosure statement. An electronic copy is posted on our website and members are notified when it is updated. The electronic copy is available for download to members. The conflict of interest policy and governing documents are not made available for public inspection.”