Presbyterian Manors Inc

“Presbyterian manors of mid-america, inc., a not-for-profit, 501(c)(3) organization is the sole member of presbyterian manors, inc.”

“Presbyterian manors of mid-america, inc., being the sole member of presbyterian manors, inc. Has the right to elect all the board of trustees.”

“Presbyterian manors of mid-america, inc., is the sole member of presbyterian manors, inc. And has the right to elect all the board of trustees.”

“An independent accounting firm prepares and reviews the form 990. The 990 is then reviewed by the cfo and the organization's chair of the finance committee. Any questions or concerns the cfo and the organization's chair of the finance committee have are addressed and any corrections or clarifications are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990 with the irs.”

“Annually, presbyterian manors of mid-america, inc.'s attorney presents and explains the conflict of interest policy to the board and the trustees are required to disclose any conflicts and sign the policy. If a possible conflict of interst arises, it is reviewed by the attorney and the ceo who determine if a conflict exists. If it is determined that a conflict exists, the individual in conflict is prohibited from voting or being involved in the conflict. Officers do not receive the conflict of interest policy presentation from the attorney. However, they are employees and are thus required to sign that they received, read and understood the employee handbook which states that they must disclose any conflict of interest. If a potential conflict is disclosed, then the same policies are followed to determine if an actual conflict exists and the restrictions that are placed on the individual in conflict.”

“The compensation paid by presbyterian manors of mid-america, inc. (pmma) to the ceo is determined by pmma's attorney providing pmma's board of trustees with comparability data. Deliberation of the ceo's compensation is held in executive session and their decision is delivered to human resources in a letter from the chairman of the board. The compensation for all other officers and key employees is also provided by pmma. The ceo of pmma uses comparability data to determine compensation for the other officers, key employees and executive directors.”

“Presbyterian manors, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Aberdeen village, inc. Was merged into presbyterian manors, inc. As of january 1, 2015. Presbyterian manors, inc. Will continue the operations of the senior living and care community in olathe, kansas which provides services to satisfy three basic needs of elderly persons, including housing, health care and financial security. Form 990, part iii, line 4a housing needs are met by providing facilities that are specifically designed to meet a combination of physical, emotional, recreational and social needs of elderly persons. Health care needs are satisfied by offering a continuum of care which offers services for the future health care needs of residents on a single campus. Financial security is achieved by providing services at the lowest feasible cost. Included is the policy of maintaining in residence any person who outlives his or her ability to pay for the cost of residency through no fault of their own. Form 990, part vi, section a, line 2 all of the officers and directors have a business relationship. Form 990, part vi, section a, line 4 the bylaws were updated to change the address of the corporate office, and section 5.4 was changed. This change is to allow the person who is serving as chairperson of the board of trustees at the end of his ninth year to serve as a trustee for one additional year. This is allowed provided that any at large trustee who as of the date of this amendment has served as a trustee for nine consecutive years be allowed on this date only to serve as a trustee for an additional term of up to three years.”

“Transfer from aberdeen (13,434,626) transfer from pmma 18,599 ----------- (13,416,027)”