Jefferson'S Ferry Foundation

“Trustees ronald roge and roseanne roge are husband and wife.”

“Active retirement community is the sole member of jefferson's ferry foundation and appoints all 12 members of the board of directors.”

“Active retirement community is the sole member of jefferson's ferry foundation. It approves the election and removal of members of the board of directors, the amendment of the purposes, certificates of incorporation or bylaws of the corporation, the sale, assignment or disposal of all or substantially all of the assets of the corporation, the formation or purchase of a related entity or corporation.”

“As sole member of jefferson's ferry foundation, active retirement community, inc. Approves the amendment of the purposes, certificate of incorporation or bylaws of the corporation; the sale, assignment or disposal of all or substantially all of the assets of the corporation; and the formation or purchase of a related entity or corporation.”

“A final copy of the form 990 and all required schedules are presented to the board of directors prior to its filing.”

“All personnel of the organization, including officers, directors, trustees, senior management, fund raising staff and key employees will, at least annually, file a conflict of interest disclosure statement/questionnaire with the director of advancement. Personnel shall disclose all situations that pose a potential or actual conflict of interest. Personnel have an affirmative obligation to update their annual disclosure statement/questionnaire whenever new information arises which is otherwise required to be disclosed in the annual disclosure statement/questionnaire by completing a new disclosure statement/questionnaire and providing it to the director of advancement. The director of advancement will review disclosure statements/questionnaires in light of the principles set forth in the conflict of interest policy, consult with outside counsel as necessary, seek additional information as necessary, and determine if the information disclosed creates a conflict of interest, is improper, or creates the appearance of a conflict of interest or of improper conduct. The entire board of trustees will review the director of advancement's reports annually and on a periodic basis, and conduct its own review, as necessary, to determine whether a potential or actual conflict of interest exists. If the board of trustees determines that it needs to conduct a further review, the chairman of the board of trustees may appoint an ad hoc committee comprised of board members and the director of advancement to review a particular matter and make a recommendation to the board of trustees. The board of trustees determinations shall be final and binding.”

“The foundation does not pay any compensation and has no employees. Salaries are paid by a related organization that handles all compensation issues. The organization engages with an outside consultant to prepare a compensation review of management, including the health center administrator. In addition, the organization regularly reviews salary and benefit surveys prepared by industry associations and evaluates compensation structures for local similar organization for all key employees. The affiliated organization (active retirement community) has a compensation committee that reviews/determines compensation. All decisions related to compensation are documented in the committee minutes.”

“The foundation's governing documents, conflict of interest policy, and financial statements are all furnished to the public upon request.”

“Jefferson's ferry foundation(the foundation) does not have any employees, as such no salaries or payroll taxes are paid by the foundation, and there are no required payroll tax reports required to be filed. Payments for services made to active retirement community by the foundation represent reimbursements for services rendered to the foundation by active retirement community employees. The amount of $78, 056 which is the director of philanthopy's salary and benefits are paid by active retirement. The foundation reimburses active retirement for the salary. This amount is included in the grants paid on page 10, line 1. Also included in line 1, page 10 is residential financial support of $51,159. This amount is paid to active retirement.”

“Administrative services: program service expenses 0. Management and general expenses 0. Fundraising expenses 196,666. Total expenses 196,666.”

“Other changes in net assets -81,508.”