Lutheran Social Services of South Central Pennsylvania

“The sole member of spiritrust lutheran is the synod council of the lower susquehanna synod.”

“The synod council of the lower susquehanna synod, the sole member of spiritrust lutheran, has the authority to elect not more than 18 members to comprise the board of directors of spiritrust lutheran. The bishop of the synod, who also sits on the board, may appoint annually a personal representative to sit in his or her place on the board of directors for a term of not greater than six years. In the absence of the bishop, the bishop's representative shall have voice and vote as a member of the board.”

“The synod council of the lower susquehanna synod of the evangelical lutheran church of america ratifies (approves) all nominations of spiritrust lutheran board of director members.”

“Spiritrust lutheran has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization. The return is then finalized and the board is provided a copy of the form 990 before it is filed.”

“Spiritrust lutheran annually requires its board members, officers, and key employees to complete a conflicts of interest form, which is kept on file by the organization. During board meetings, if an interested party has a conflict, he/she recuses themselves from voting. If conflicts are made known with other employees in the organization, a plan is developed for that employee to avoid influencing decision making in the area of conflict. This plan is developed by the employee's manager and approved by the department director. This plan will be agreed upon by the employee and monitored by the manager.”

“Spiritrust lutheran utilizes salary survey information to determine the compensation amounts of all employees within the organization, including the chief executive officer and key employees. The salary survey information ensures that pay rates are competitive. Salary ranges for job classes are adjusted based on the salary survey information and then reviewed and approved by the board of directors. A budgeted merit increase percentage is also subject to board approval. The organization's compensation process takes place annually. Taking into consideration the salary survey information, the board of directors determines the salary of the ceo and the ceo determines the salaries of the key employees.”

“Spiritrust lutheran makes its form 990 available to the public upon request.”

“The 990 is available for public viewing, the consolidated financial statements, governing documents, conflict of interest policy, are available to the general public upon request.”

“Change in fair value of derivative financial instruments -855,002. Changes in restricted contributions 299,208. Change in restricted investment income 721,850. Valuation gain, beneficial interest in perpetual trusts 399,283. Transfer to affiliate -3,264,763.”

“The organization's board of directors assumes responsibility for oversight of the audit. The process is consistent with prior years and has not changed.”