The Village at Morrisons Cove

“The executive committee is comprised of 4 officers and chairs of sub-committees. All members are from the governing body. The executive committee is permitted to vote on organizational business without a full board vote.”

“The affairs of the village at morrisons cove shall be managed by a board of trustees, consisting of not less than 10 and not more than 17. Trustees will be selected as follows: at least the simple majority to be elected by middle pennsylvania district conference, church of the brethren; one trustee shall be appointed by the district board of pennsylvania district; one trustee shall be appointed by the village at morrisons cove auxiliary; one trustee shall be a resident appointed by the board; and remaining trustees shall be appointed by the board.”

“Upon receipt of the form 990, the chief financial officer and director of finance will review the form with the finance committee and executive committee. The executive committee will sign off on the review. The form 990 will be made available to all board members prior to the filing of the form 990 with the irs.”

“The village at morrisons cove's corporate compliance program states the village's conflict of interest policy. In addition, the conflict of interest policy is addressed at the annual board meeting. In the event a conflict of interest arises involving a director, officer, or employee, its nature and extent are considered by the board of directors which will determine appropriate action to be taken.”

“The village at morrisons cove reviews salary information with an external accounting group. The group uses comparable salaries from other non-profit organizations to determine compensation that is within fair value range. The group works in conjunction with the executive committee to review duties and responsibilities of the ceo. The compensation package is then reviewed by the financial team and then again by the executive committee before presentation to the ceo and final approval by all parties. Compensation discussions and decisions are documented in executive committee minutes.”

“The village at morrisons cove makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“Therapy services: program service expenses 811,061. Management and general expenses 0. Fundraising expenses 0. Total expenses 811,061. Nursing services: program service expenses 77,275. Management and general expenses 0. Fundraising expenses 0. Total expenses 77,275. Beauty shop: program service expenses 21,040. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,040. Hospice: program service expenses 7,449. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,449. Other fees: program service expenses 151,955. Management and general expenses 0. Fundraising expenses 0. Total expenses 151,955. Consultant: program service expenses 1,499,515. Management and general expenses 6,889. Fundraising expenses 0. Total expenses 1,506,404.”

“Unrealized gains on perpetual trust held by third party 146,746. Change in value of perpetual trust 9,068.”

“No change in process from prior year.”