Penacook Place Inc.

“The executive committee shall have the power to transact all regular business of the corporation, subject to limitations that may be provided by resolution of the board of directors. Executive committee is made up of the chair, vice chair, 2nd vice chair, treasurer, clerk and immediate past chair.”

“The organization delegates the dietary department's management duties to an outside management company's consultants - dietary manager and dietician. These managers/consultants have responsibilities including the ability to hire, fire, and supervise employees; the department's budget; and overall day to day management of the organization's dietary department.”

“The organization's cfo performs the initial reviews the form 990 and then with the organization's president/ceo. After the cfo and president/ceo review the form 990, a complete copy of the return is provided to the board of directors for review before it is filed with the irs.”

“At the september board of director's meeting, every board member is given a copy of the conflict of interest statement to read and sign. All board members are required to sign. The policy outlines the restrictions imposed upon the board if any conflict should exist. All staff members are presented information regarding organizational integrity upon hire and during their annual orientation. Conflict of interest is included in our o.i. Program and staff is required to review as part of their continued employment.”

“A personnel committee was established as a sub-committee of the board of directors. The focus of this group is to review and evaluate the president/ceo on an annual basis. Industry compensation data available through leading age and the state are reviewed. The personnel committee then makes their recommendation to the full board for final approval. This process is conducted annually and takes place starting in january of each year to evaluate the performance of the president/ceo for the year just completed. Department heads perform annual reviews of their staff. The president/ceo performs annual reviews of all department heads. These reviews are completed annually on the employee's anniversary date.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Other professional fees : program service expenses 909,682. Management and general expenses 252,935. Fundraising expenses 0. Total expenses 1,162,617.”