John Knox Village

“Daniel rexroth and richard kim klockenga have a business relationship. They serve as an officer or director for the john knox village redevelopment corporation, which is a related for profit company. The officers and directors do not receive any compensation from or have any stock ownership in the related for profit company.”

“Premierlife, a missouri nonprofit corporation, is the sole member of john knox village. Premierlife is designated as the sole member so long as premierlife shall continue to qualify as a tax exempt, nonprofit entity recognized under section 501(c)(3) of the irc. Premierlife has the right to elect the members of john knox village's governing body. Premierlife has the reserved power to approve significant decisions of john knox village's governing body. Premierlife is not entitled to receive a share of john knox village's profits, excess dues or a share of john knox village's net assets upon dissolution.”

“Premierlife being the sole member of john knox village has the right to elect all the board of directors.”

“THE CORPORATE BYLAWS OF JOHN KNOX VILLAGE IDENTIFY CERTAIN RIGHTS AND POWERS WHICH ARE RESERVED TO PREMIERLIFE, THE SOLE MEMBER. IN EACH INSTANCE, THE RIGHTS AND POWERS RESERVED TO THE SOLE MEMBER MAY BE SUMMARIZED AS FOLLOWS: 1. ELECTION OF DIRECTORS THE SOLE MEMBER ELECTS ALL DIRECTORS OF JOHN KNOX VILLAGE BASED UPON NOMINATIONS SUBMITTED BY JOHN KNOX VILLAGE'S BOARD Of DIRECTORS. TERMS OF OFFICE ARE STAGGERED ON JOHN KNOX VILLAGE'S BOARD SUCH THAT APPROXIMATELY 1/3 OF THE DIRECTORS' TERMS EXPIRE EACH YEAR. 2. ARTICLES OF INCORPORATION AND BYLAWS JOHN KNOX VILLAGE'S ARTICLES OF INCORPORATION AND BYLAWS MAY NOT BE AMENDED, RESTATED, ALTERED OR REPEALED BY THE CORPORATION UNLESS AND UNTIL SUCH ACTION IS RATIFIED AND APPROVED BY THE SOLE MEMBER. 3. ANNUAL BUDGETS/FINANCIAL POLICIES/INVESTMENT JOHN KNOX VILLAGE'S ANNUAL OPERATING AND CAPITAL BUDGETS PREPARED AND RECOMMENDED BY THE CORPORATE BOARD ARE SUBJECT TO REVIEW AND APPROVAL OF THE SOLE MEMBER. CORPORATE FINANCIAL POLICIES AND INVESTMENT STRATEGIES RECOMMENDED BY JOHN KNOX VILLAGE'S BOARD ALSO ARE SUBJECT TO PRIOR REVIEW AND APPROVAL OF THE SOLE MEMBER. 4. SALE OF ASSETS/MERGER, CONSOLIDATION/DISSOLUTION ANY SALE, LEASE OR OTHER DISPOSITION OF SUBSTANTIALLY ALL OF THE ASSETS OF JOHN KNOX VILLAGE, AND ANY MERGER, CONSOLIDATION, REORGANIZATION OR OTHER NOT-IN-THE-ORDINARY-COURSE TRANSACTION IS SUBJECT TO THE PRIOR REVIEW, RATIFICATION AND APPROVAL OF THE SOLE MEMBER. JOHN KNOX VILLAGE SHALL NOT BE DISSOLVED OR LIQUIDATED NOR ANY PLAN OF DISSOLUTION ADOPTED BY THE CORPORATION'S BOARD OF DIRECTORS WITHOUT THE RATIFICATION AND APPROVAL OF THE SOLE MEMBER. 5. LONG-TERM DEBT/LEASES ALL LONG-TERM DEBT OBLIGATIONS AND LONG-TERM LEASE OBLIGATIONS IN EXCESS OF ONE YEAR ARE SUBJECT TO PRIOR REVIEW/APPROVAL OF THE SOLE MEMBER. 6. CHIEF EXECUTIVE OFFICER ACTIONS OF THE BOARD OF DIRECTORS OF JOHN KNOX VILLAGE TO EMPLOY OR TERMINATE THE EMPLOYMENT OF THE CEO OF THE CORPORATION ARE SUBJECT TO REVIEW AND APPROVAL BY THE SOLE MEMBER.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The 990 is then provided to the finance committee of the board for their review prior to filing the 990. Any questions or concerns the finance committee have are addressed and any corrections or clarifications that need to be made 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.”

“At the time of hire (or election in the case of corporate directors and trustees) and annually thereafter, the ceo or his/her designee shall provide to the board and to all executive officers, administrative staff, associates and volunteers a copy of the conflict of interest policy and the applicable conflict of interest disclosure form and questionnaire, which shall be completed to identify any relationships, positions or circumstances with respect to which it is believed a conflict may arise. Such annual monitoring and review procedures shall be part of the corporate compliance plan. An appropriate report shall be submitted to the audit committee concerning any interest so disclosed. Each member of the board of directors and all management associates shall disclose fully and frankly any and all actual or potential conflicts or duality of interest or responsibility, whether individual, personal or business, which may exist or appear as to premierlife or any system entity or any matter or business which may come before the board (including its committees). Three of nine board of directors are residents and approve the village's annual budget, which includes approval of the increases in residents' monthly service fees. Since those resident directors only represent one third of the voting board of directors, this participatory action by the resident directors is believed to be in compliance with the conflict of interest policy. Also, missouri law requires certain system entities to have at least one member of its board of directors who is a resident. The disclosing individual shall neither vote nor endeavor to influence corporate action in any such matter. Upon request of the subject board, the affected individual shall leave the boardroom while the matter is discussed and a vote, if any, shall be recorded in the minutes of the board or its committee.”

“John knox village uses the following: 1. Peer group: the peer group will include continuing-care communities, nursing homes and closely related organizations, nationally. 2. Base salaries: will be positioned so that midpoints target the 60th percentile. Executive salaries will be administered within ranges built around the 60th percentile and based on performance, experience, tenure and other relevant factors. 3. Incentives: will be positioned to provide total cash compensation at the 60th percentile of the peer group for on-plan performance. Achieving maximum incentives may raise total compensation to approximately the 65th to 75th 4. Benefits: will be positioned at market competitive levels, approximating the 60th to 75th percentile of the peer group. 5. Total compensation: will be positioned at approximately the 60th percentile for on-plan performance with target incentive awards,and approximately the 65th to 75th percentile for outstanding performance with maximum incentive awards. John knox village executive committee will determine the total compensation package for the ceo. The ceo shall make recommendations for the salaries and incentive payments for other executives. These amounts will be provided annually to the executive committee for their review and approval. The executive committee will report the aggregate increases and percentage comparison to the philosophy to the board of directors for approval. The last review was conducted by rodeghero consulting in 2015. A written opinion from the consultant was received stating that the executive compensation packages are reasonable and do not constitute excess benefit transactions. The letter also outlines the steps the committee took toward establishing a rebuttable presumption that total pay levels are reasonable. The consultant reviewed the minutes to ensure the steps taken satisfied the irs requirements. The letter is on file at the facility. Jkv's philosophy regarding executive compensation is to pay at approximately the 60th percentile of the market. It is our practice to ensure the salaries are consistent with the village's goal.”

“Governing documents (bylaws) are available for public inspection in the adminstrative center building; the conflict of interest policy is available for public inspection in the administrative center building; a copy of the most recently filed irs form 990 and audited financial statements are available for public inspection at the administrative center building second floor. Audited financials are also available at the marketing office.”

“John knox village is organized for the purpose of providing residences, health care, and related services to senior citizens within a community setting. The village offers various services throughout the resident's life to promote the well-being of the resident as well as a sense of community among all residents.”

“Successful businesses thrive in healthy communities. That's why we at john knox village, like many organizations, challenge ourselves annually to make an even greater impact in the areas we conducts business through our community involvement efforts. Although monetary donations are significant, it's the power of the people - our skills and talents - that really make a difference. Village associates and residents who share their time and expertise make positive contributions to the communities where they live, work, worship, volunteer, etc. Community involvement is the right thing to do - and it's a business strategy that has translated into greater success for our organization. As a leading provider of care and services for older adults, as well as a source of support for their families, we are committed to achieving our mission of "enriching lives, building community" both here in lee's summit and throughout the entire kansas city metropolitan. For members of the village community, enriching lives, building community also means working together to create even more vibrant communities for people of all walks of life. In addition to providing quality care and services to seniors, the village provides a diverse array of dependable services to members of the surrounding community, such as catering, banquet and event facilities, training areas for emergency services personnel, emergency services assistance and more - offerings that benefit a diverse array of people. Because of the village's size, diverse services, amenities and offerings, we are able to allocate multiple resources toward our community involvement commitments. We share facilities, facilitate the giving of resident and associate time and talents, offer leadership and/or modest financial support to community-based organizations, share entertainment and promote education and intergenerational activities. In turn, the village benefits greatly. - we are achieving the village's mission, vision and values by enriching the lives of residents, associates and members of the surrounding community. - we are strengthening the village's position as a valuable community resource and leader. - we are heightening awareness of and understanding about john knox village. - we are enhancing the image of john knox village - we are breaking down stereotypes about aging and older adults. - we are generating interest in residency at or use of john knox village services. - we are promoting john knox village as a good place to live, work and conduct business with. - we are reinforcing the appropriateness of our not-for-profit status. The village's community involvement extends beyond volunteering and/or donating goods and services. We also are taking steps to become a more sustainable, earth-friendly organization. What better way to make a positive impression within the communities we touch than by minimizing our carbon footprint for future generations? This report is more than a just a showcase of the village's generosity and our long-standing commitment to the communities around us. It's the story of our efforts to make an even greater difference in the communities we serve. The village's community involvement efforts enrich the lives of thousands of individuals - all of who are potential supporters, customers, residents or associates of our organization. We are proud of our accomplishments and excited about future community involvement prospects. About john knox village - one of the largest continuing care retirement communities in the nation not-for-profit organization 501(c)(3), run by a nine-member volunteer board of directors - mission: to enrich the lives of older adults through community living founded in 1970 by dr. Kenneth berg located on more than 400 acres in lee's summit, mo., with home health offices in overland park, kansas. - annually serves about 1,500 residents on its campus and about 4,000 community members who live throughout the greater kansas city area - with about 1,0”