Progressive Eldercare Services - Chicot Inc

“Administrative duties are delegated to a mangement company, southern administrative services, llc.”

“The organization's parent entity, progressive eldercare services, inc., is the sole member of the organization.”

“Progressive eldercare services, inc. Has the power to elect the directors of the entity.”

“(i) progressive eldercare services, inc. Has the power to hire and fire the president of the entity. (ii) progressive eldercare services, inc. Has the power to establish and implement the admissions policy of the entity; and (iii) progressive eldercare services, inc. Has the power to establish and implement the "culture change" policy of the entity.”

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

“Each director, principal officer and member of a committee with director delegated powers shall 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. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted.”

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

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

“As of calendar year 2020, the lease related to operating the nursing facility was not renewed. Due to the non-renewed lease, the only program has ended. The steps to wind down the entity are being evaluated at this time.”

“Outside services: program service expenses 446,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 446,088. Medicaid quality assurance: program service expenses 118,057. Management and general expenses 0. Fundraising expenses 0. Total expenses 118,057.”