Quarryville Presbyterian Retirement

“Jonathan Sneller and Andrew Fiol have a family relationship.”

“The committees do not have the authority to act on behalf of the board. All matters are taken to the full board for approval and action.”

“The CFO and CEO will perform the initial review of the form 990. The Form 990 will then distributed via e-mail to the Audit and Finance Committee for review and comment. Once approved, the form 990 will be distributed via e-mail to each board member, prior to filing the return with the IRS.”

“Each year during annual ethics training all employees are required to sign a code of ethics/conflict of interest statement. All conflict of interest statements are reviewed by human resources. Any disclosures are reviewed by the CFO and the CEO. Reports of ethical issues are reviewed and resolved by the head of the ethics committee and the CEO. The Board of Directors also sign the code of ethics/conflict of interest statement annually. There is a place on the form for the disclosure of relationships, such as through family or business contacts, that could be considered a conflict of interest. In the event a matter involving a potential or actual conflict of interest arises, the party to the conflict shall fully disclose the conflict's nature and extent immediately to the compliance officer who, after making a thorough review of the circumstances, will report to the QPRC Board of Directors who will determine appropriate action to be taken.”

“The officers' salaries are recommended by the Compensation Committee of the Board of Directors and are approved by the full Board. Salary surveys and Forms 990 of other Not-for-Profits are used for comparative purposes to ensure any compensation decisions are within fair market range for the industry. Deliberations and decisions are documented in the minutes of the Executive Committee. The Finance committee recommends approval of the budget to the full board. The budget includes a maximum percentage increase in salary for all staff. The job performance of each employee is taken into consideration as part of the performance review process.”

“The form 990 is available on Guidestar and is also available upon request. The Disclosure Statements as required by the Department of Insurance are also available upon request. The organization will make its governing documents and conflict of interest policy available upon request. The organization includes a copy of its financial statements with the state registration filed with the Pennsylvania Department of State, Bureau of Charitable Organizations. These documents are a matter of public record and can be viewed at the bureau office.”

“As of May 28, 2022, Great Rock Home Care ceased operations.”

“Minimum Pension Liability Adjustment -277,047.”