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.”

“After review by the cfo and ceo, the form 990 is reviewed, before filing, by the board of directors' audit committee, which includes three certified public accountants. The form 990 is then provided to the other members of the governing body before filing.”

“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.”

“Catering: program service expenses 29,631. Management and general expenses 7,435. Fundraising expenses 0. Total expenses 37,066. Consultants: program service expenses 328,891. Management and general expenses 74,996. Fundraising expenses 0. Total expenses 403,887. Copper ridge care - fairhaven: program service expenses 286,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 286,965. Maintenance contracts: program service expenses 410,980. Management and general expenses 103,879. Fundraising expenses 0. Total expenses 514,859. Medical services: program service expenses 137,752. Management and general expenses 0. Fundraising expenses 0. Total expenses 137,752. Occupational therapy: program service expenses 429,578. Management and general expenses 0. Fundraising expenses 0. Total expenses 429,578. Other fees: program service expenses 0. Management and general expenses 32,470. Fundraising expenses 0. Total expenses 32,470. Physical therapy: program service expenses 586,401. Management and general expenses 0. Fundraising expenses 0. Total expenses 586,401. Purchased dining services: program service expenses 2,398,941. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,398,941. Purchased special services: program service expenses 1,395,248. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,395,248. Speech therapy: program service expenses 84,054. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,054. Transportation: program service expenses 16,076. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,076.”

“Mv change of swaps 73,914. Cumulative effect of change in accounting standard 304,470.”

“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.”