Fairhaven Inc

“Fairhaven, inc. Is governed by the board of directors for integrace, inc. (ein: 52-1710891).”

“Integrace, inc. Is the sole member of fairhaven, inc.”

“Fairhaven, inc. Has the same governing body as integrace, inc., which is the sole member of fairhaven, inc. As a result, election of the governing body of fairhaven, inc. Is done by its sole member.”

“Fairhaven, inc. Has the same governing board as integrace, inc., which is the sole member of fairhaven, inc. As a result, all of the decisions made by the governing body of fairhaven, inc. Are subject to its sole member.”

“The process to review the form 990 is as follows: 1) the finance staff reviews the return for accuracy and completeness. 2) the return is presented to the finance committee of the board of trustees for their review and approval. 3) once approved by the finance committee, the 990 is released to the entire board of trustees for approval prior to the return being filed.”

“Conflict of interest disclosure forms are distributed to members of the senior leadership team in january of each year. The remaining management staff and trustee members receive forms in early june. The completed forms are returned to human resources. A report is prepared showing all conflict of interest disclosures. This report is presented at the july meeting of the audit committee. If a conflict of interest is determined to exist, those with whom there is a conflict abstain from being involved in discussions and/or decisions regarding the conflict. Family and business relationships are to be reported on disclosure forms to determine if a reportable relationshp exists.”

“The president/ceo's performance is reviewed annually by the executive committee. The president/ceo prepares a comprehensive report showing the results of his/her work during the past year and goals for the coming year. This report is reviewed by the executive committee which determines the ongoing compensation for the president/ceo through reviewing comparable salaries, performance, and reporting the process in the board minutes. The committee gives this information to the cfo who then sends it to the vp of human resources for processing. In the case of a new ceo, a search firm is used to negotiate salary and benefits directly with the candidate. The salary is negotiated taking into consideration comparable salaries in the industry to determine a compensation package within fair market range. The process is also documented in minutes during an executive session. Compensation for other key employees is determined by the ceo using similar methods. Senior management positions are paid according to responsibility in the company, experience, credentials, and management and leadership skills. Annual compensation surveys are reviewed by the hr department and recommendations are made to the ceo.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Consultants: program service expenses 317,399. Management and general expenses 7,998. Fundraising expenses 0. Total expenses 325,397. Medical services: program service expenses 155,490. Management and general expenses 0. Fundraising expenses 0. Total expenses 155,490. Physical therapy: program service expenses 522,195. Management and general expenses 0. Fundraising expenses 0. Total expenses 522,195. Occupational therapy: program service expenses 387,604. Management and general expenses 0. Fundraising expenses 0. Total expenses 387,604. Speech therapy: program service expenses 103,210. Management and general expenses 0. Fundraising expenses 0. Total expenses 103,210. Purchased special services: program service expenses 42,536. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,536. Maintenance contracts: program service expenses 332,788. Management and general expenses 37,514. Fundraising expenses 0. Total expenses 370,302. Copper ridge care - fairhaven: program service expenses 240,509. Management and general expenses 0. Fundraising expenses 0. Total expenses 240,509. Catering: program service expenses 45,722. Management and general expenses 5,046. Fundraising expenses 0. Total expenses 50,768. Other fees: program service expenses 0. Management and general expenses 26,662. Fundraising expenses 0. Total expenses 26,662. Purchased dining services : program service expenses 2,493,129. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,493,129.”

“Mv change of swaps -36,697.”

“Fairhaven, inc. Is an affiliate in a group of which integrace, inc. (ein 52-1710891) is considered the parent. Integrace, inc., as part of its management functions for the group, issues all 1099 information forms under its ein. Fairhaven, inc. Is then allocated appropriate amounts for professional services which are then reported on part ix of the form 990.”