Lutheran Seniorlife Foundation

“Board member pastor micheal sourwine is the husband of stacey sourwine, who is an employee of las geriatric care services. Board member pastor dan smail is the husband of pastor kari smail, who is a member of the lutheran seniorlife board.”

“Provided a copy of the final form 990 to members of the board of directors for review.”

“Annual conflict of interest disclosure statements are required from all board members and executives. Board members shall disclose to the executive committee board membership on, a substantial financial interest in, or employment of the board member or a relative of the board member by any organization doing business with lutheran seniorlife. The executive committee shall determine whether an unacceptable conflict of interest exists and arrange with the member to cease any inappropriate activity. Matters left unsettled after review of the executive committee shall be reported to the board for appropriate action.”

“The executive committee of the lutheran seniorlife board of directors conducts an annual performance review in july. Market based compensation information is conducted annually from information compiled by external sources. The board then determines the compensation for the ceo.”

“Governing documents and tax forms are available upon request at the corporate office.”

“Professional fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 42,239. Total expenses 42,239. Adjustments - professional fees - p: program service expenses 41,611. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,611.”

“Lutheran seniorlife foundation does not employ any individuals. The salaries and benefits reported in part ix of form 990 represent reimbursement for services provided by employees of the parent organization, lutheran seniorlife (ein: 25-1527666). Lutheran seniorlife reports all salaries and taxes on its form 941.”

“Net assets transferred to affiliates -102,827. Net assets released from restrictions -48,813.”

“The audit committee of the lutheran seniorlife board of directors makes the selection of the independent audit firm, and meets with the audit team prior to and at the conclusion of the audit for a detailed review of the statements and findings. The audit committee makes recommendation to the board to accept the audit.”