Ideal Senior Living Center Inc

“The sole corporate member of the organization is united health services, inc.”

“The sole corporate member of the organization is united health services, inc.”

“The 990 preparation and filing is the responsibility of the ideal senior living center, inc. (islc) board of directors who delegates the timely and accurate completion of the 990 to management. The uhs finance department prepares the 990 which is then reviewed by the corporate cfo and independent auditors prior to filing. A summary of key elements of the 990 is shared with the board of directors for information purposes.”

“Directors, officers and key employees submit conflict of interest statements annually which are reviewed by the administrator, vice chair and board chairman.”

“It is the philosophy of ideal senior living center, inc.(islc) that all staff including the executive staff be compensated fairly for their work. Base salary levels, incentive/bonus programs and benefit plans shall take into account the local, regional and national markets to allow islc to recruit, motivate, reward, recognize and retain highly talented executives with the skill sets required to fulfill its mission critical performance objectives that will lead to the organization's and system's success. To carry out this compensation philosophy, uhs, inc.--the sole corporate member of islc--performs human resources services for islc. Uhs, inc. Prepares and recommends islc executive compensation packages using benchmarks provided by iroquois healthcare alliance to determine reasonable compensation levels. The islc board of directors' executive compensation committee then reviews the recommendations to ensure the appropriateness of base salary, incentives, and benefits. The compensation committee will then make any necessary revisions prior to approving executive compensation packages.”

“The organization provides form 990 and other information required under internal revenue service regulations to the public upon request.”

“The following board members are active on the ideal senior living center, inc board of directors and were employed full time by one or more related organizations: peggy thomas kay boland john carrigg”

“Ideal senior living center, inc. (islc) has an administration/management services intercompany contract with islchc. The administrator james shadduck--spends 90% of his time performing administration duties for islc, and 10% for ideal senior living center housing corporation (islchc). Islc has a financial services intercompany contract with islchc. The director of finance--marilyn barbieri--spends 70% of her time performing financial duties for islc and 30% of her time for islchc.”

“Lt portion of capital lease obligation-affialite of $1,419,435. Moved to line 25 per 990 instruction”

“Other components of net periodic benefit cost -67,989. Change in retirement plan obligation 35,075.”

“Neither the process for the oversight of the audit nor the process for the selection of the independent accountant changed during 2024. The board of directors assumes responsibility for oversight of the audit and selection of the independent accountant.”