Progressive Eldercare Services Morrilton Inc.

“The board members receive a copy of the 990 to review prior to filing with the irs.”

“The organization provides each director with a copy of the company's conflict of interest policy and provides ample opportunity at its meetings in which a potential conflict could arise for a director to disclose a potential conflict for evaluation. Further, in preparation for its meetings, the organization closely scrutinizes each of its agenda items to evaluate the possibility of a potential conflict of interest and will raise the issue when known. Each director, principal officer and member of a committee with director delegated power is required to annually sign a statement which affirms such person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy and (d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Finally, the organization conducts periodic reviews of the reasonableness of all compensation arrangements and whether all arrangements with third parties comply with the organizations written policies, are properly recorded, reflect reasonabl investment or payments for goods and services, further charitable purposes and do not result in inurement.”

“The organization does not employ any key employees, but has an agreement for the administrator and additional services with its member, progressive eldercare services, inc. Progressive eldercare services, inc. Sets compensation, and the organization's independent directors accept or ratifiy the subject employment agreement.”

“The organization's governing documents, conflict of interest policy and annual financial statements are available for public inspection upon request.”

“Matthew manning, director of the organization, is also an employee of progressive eldercare services, inc. (pes, inc.). He is not compensated for his role as director of the organization, but receives a salary for his role as an employee of pes, inc.”

“Nursing & specialist fees: program service expenses 172,077. Management and general expenses 0. Fundraising expenses 0. Total expenses 172,077. Data fees: program service expenses 103,464. Management and general expenses 0. Fundraising expenses 0. Total expenses 103,464. Quality assurance fees: program service expenses 344,796. Management and general expenses 0. Fundraising expenses 0. Total expenses 344,796.”