Livewell Alliance Inc

“First a draft of the 990 is reviewed by the comptroller and the president/ceo in its entirety. After all corrections have been made the updated draft is submitted to all members on the board of directors for review. The president of the board/treasurer also reviews the entire updated draft. Once the board accepts the 990 it is communicated to the president/ceo and then submitted to be filed with the irs.”

“Livewell has a compliance and ethics committee that consists of various department members and meets regularly throughout the year to review compliance standards and monitors any compliance issues throughout the organization. Livewell requires all members of the board of directors to sign the conflict of interest policy. If an actual or potential conflict of interest arists, it must be disclosed to the board. If there is an actual or potential conflict, the individual would recuse themselves from any discussion on the matter. The president/ceo and the director of special projects review the conflict of interest questionnaires.”

“Line 15a: a committee of the board works with the president/ceo to develop a realistic and measurable set of goals and objectives for the upcoming review period. These goals and objectives are linked directly to the major components of the organization's strategic plan. At the end of the performance evaluation period, the committee will meet with the president/ceo to review performance against these objectives. The committee prepares a report to the board that will include: 1) a narrative review of the president/ceo performance; 2) measurement (in quantitative terms) of actual performance compared with plan objectives; and 3) recommendations for annual salary adjustments, as well as year-end performance achievement payments. The committee then presents its report to the board for consideration and action. During the fiscal year ending september 30, 2024, this process occurred in december 2023. Line 15b: each year the organization compares and analyzes average and starting wage rates with comparable positions in other not-for profit skilled nursing, assisted living and center for resiliant living. The organization's philosophy related to determining compensation and benefits is to strive to: 1. Create compensation levels and offer benefits that are affordable to the organization. 2. Create compensation and benefits at levels that are above average or equal to the average compensation at other comparable organizations. 3. Be mindful and responsive to competitive pressures in the marketplace related to salary and benefit expectations. 4. Create levels of compensation that reflect or account for the years of service that employees have with the organization. 5. Allow for financial flexibility in determining compensation to recruit and retain special talent that the organization may need.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Resilient living expenses -3,759.”

“The process has not changed from prior year.”