Life Circles

“Life circles has 3 shareholder organizations: umrcph, inc, trinity health systems, and senior resources.”

“The board of directors of life circles is appointed and approved by the shareholders of the organization.”

“The shareholders of the organization shall have the following rights and privileges: (a) the power to appoint all members of the board of directors; (b) the power to remove directors for any reason, with or without cause; (c) eligibility to attend all shareholder meetings and meetings of the board of directors; (d) access to all draft and published documents of the corporation; (e) all rights, privileges, and powers specifically enumerated in the articles of incorporation or bylaws of the corporation; and (f) such other privileges and benefits as may be established by the board of directors.”

“The form 990 is prepared by plante & moran and reviewed by the cfo and the pace finance director, before it is filed with the irs.”

“Officers, directors, trustees and key employees are required to annually disclose if they have any interest that may result in a conflict. The form which they sign requires them to promptly report any possible existence of a conflict of interest for themselves or anyone else subject to the policy. If a possible conflict was reported on the annual form, or if a notice was given after the annual disclosure, the information disclosed would be evaluated and if necessary, compliance would be enforced.”

“For executive compensation a minimum of three sources are used. Each source is a third party organization specializing in compensation in the west michigan area. This information is then compiled by the hr department and used to make a recommendation on the appropriate salary for each person. An outside consultant is hired from time to time to review the benefits and compensation for all key employees.”

“Governing documents, conflict of interest policy and 990's are available upon request.”

“Medical services: program service expenses 15,697,012. Management and general expenses 177,087. Fundraising expenses 0. Total expenses 15,874,099.”

“The process for oversight of the audit has not changed.”

“The required single audit as set forth in the single audit act and omb circular a-133 has not yet been completed. Plans have been made to have the required single audit completed by the extended due date as established in omb m-20-26.”