Lutheran Home at Kane Pennsylvania

“Form 990 review process: the form 990 is prepared by an independent accounting firm based on the internal financial statements (or audited financial statements when available) and information provided by the accounting department of the organization. The board of directors reviews the form 990 prior to filing.”

“Monitoring compliance with the conflict of interest policy: all board members are covered under this policy and sign an acknowledgement form indicating understanding of policy and agreeing to be legally bond to comply with the policy. If necessary, a disclosure statement, included in the policy, would be signed as appropriate. A member who has disclosed a conflict of interest may be asked to leave a meeting prior to a vote on a particular issue being taken. As such, said individual would be excluded from voting on the matter on which a vote is being taken. If there is an issue involving research on a particular issue/project, an individual with a conflict of interest in this instance would not be considered for an affected committee and would be excluded from any voting which may occur in the future on this particular issue.”

“Compensation determination: the personnel committee evaluates the compensation of the administrator annually. The compensation of the administrator is compared to entities of similar size. After this review, executive compensation is reviewed and approved by the board of directors.”

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

“Therapy services: program service expenses 1,149,090. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,149,090. Contract nursing services: program service expenses 206,026. Management and general expenses 0. Fundraising expenses 0. Total expenses 206,026. Payroll processing services: program service expenses 0. Management and general expenses 32,536. Fundraising expenses 0. Total expenses 32,536. Other consulting services: program service expenses 0. Management and general expenses 18,820. Fundraising expenses 0. Total expenses 18,820.”

“Return on assets held at high point foundation 904,808.”

“No process change from prior year.”