Dunwoody Village

“The executive committee shall be composed of the officers of the corporation and other trustees that may be named to the committee by the chair. The executive committee: (a) shall have and exercise the authority of the board of trustees in the management of the business of the corporation and shall: (i) act as an ethics committee when needed to develop policies and guidelines for handling of ethical issues and review and give consultation involving ethical difficulties. (ii) conduct performance review of president chief executive officer. (iii) monitor effectiveness and approve incentive compensation of employees under incentive compensation programs. (iv) review and recommend to the board changes to the human resources policy and benefit plans of the corporation. (v) such other duties and functions as may be assigned by the board. (b) the executive committee, however, shall not have any power or the authority as to the following: (i) the filling of vacancies in the board of trustees. (ii) the adoption, amendment or repeal of (the) bylaws of the corporation. (iii) the amendment or repeal of any resolution of the board. (iv) action on matters assigned by (the) bylaws or resolution of the board of trustees to another committee of the board.”

“The form 990 is prepared annually by an independent accounting firm in accordance with irs requirements. A complete copy of the return is reviewed by management and shared with the board of directors prior to filing. The organization follows a formal review process to ensure accuracy and transparency, and any questions or comments from the board are addressed before submission.”

“Dunwoody village requires that each trustee, officer, employee and member of the clinical staff conduct their affairs in an ethical manner and in a way that avoids conflicts of interest. Any potential conflict of interest that the members of dunwoody village and its related parties may have is disclosed in writing to the corporate compliance officer. The corporate compliance officer is responsible for overseeing this process. If a conflict of interest should arise from a voting board member, that board member would be prohibited from voting on those specific conflicting matters. Use of position to secure any special discount or other favorable treatment from any person or organization with which dunwoody village conducts or is seeking to do business with is prohibited. Conflict of interest policy is regularly reviewed and signed off on, including board members on an annual basis. The conflict of interest is conducted by friends service alliance as the compliance officer.”

“The executive compensation philosophy applies to the president/ceo, other officers and any key employees. The executive compensation philosophy is to maintain a package of salary and benefits that will ensure that dunwoody village will consistently attract and retain competent executive management. At least every other year salary and benefits paid by similar organizations will be reviewed through wage and benefits surveys by the human resources director. The human resources director will advise the executive committee of the board of trustees how the executive compensation compares with that being paid by similar organizations for similar positions. Employee compensation is also reviewed and compared with national and state associations wage surveys of similar ccrc entities. For other officer and key employee positions the president/ceo also works with the executive committee and comparability data pulled by the human resources director to determine appropriate compensation. Review of the president/ceo compensation is completed annually by the board of trustees. Review of 2024 performance and compensation of the president/ceo occured in march 2025. The executive committee had a meeting to discuss 2024 performance and compensation of the director of health services, director of marketing, and the president/ceo in march 2024. The process described here was last completed in 2024.”

“Financial statements are included in the dunwoody annual report booklet. The conflict of interest policy and governing documents are made available upon request.”

“Senior living - dunwoody village is a continuing care retirement community that provides care for residential living, personal care and skilled nursing and medical care to its elderly residents/patients. Dunwoody continues to provide aide to residents by subsidizing those that experience financial hardship. This aide is funded from both endowment funds and the operating budget of dunwoody.”

“Financial support - a number of residents are subsidized through a trust fund and donations. This fund provides residential services and amenities as well as healthcare services to age-qualified individuals.”

“Change in value of interest rate swap 927,915. Change in investment in affiliate 623,496. Gain (loss) on disposal of property and equipment -22,991.”