Loving Care Inc

“Loving Care has 3 volunteer board members. They meet quarterly to discuss the status of Loving Care and to see if they can be of any assistance. They have the power to vote on issues at hand.”

“The board of directors is responsible for electing new members to the governing body. This is a volunteer position and if a board member requests to be replaced the board discusses potential replacements and begins the process for recruiting.”

“Loving Care provides all financial statements to the board of directors once a year. Once the form 990 is completed it is also provided. The board meets once a year to discuss Loving Care's finances and budget.”

“Loving Care's board of directors meets quarterly to discuss all important matters such as conflict of interest.”

“Loving Care's board of directors is responsible for determining the compensation package for all key employees. These packages are determined by what key employees earn in organizations in the same field. The board then votes on compensation packages.”

“All governing documents, policies, and financial statements are held at the primary office location. They are available for review upon request in person.”

“Loving Care is required to pay a Kentucky Medicade tax of 5% of gross funds received monthly by Medicade. This is required even if you are a nonprofit. These payments are due by the 20th of the following month.”

“Loving Care's largest expenses are derived from entertaining the clients we provide services for. Each of the 12 disabled individuals are required to get out into the community at lease 5 times a week to participate in activities. This cost averages to about $1,000 per person per month + the cost of a employee to participate in the same activities. These activities range from going to the movies, going shopping, out to eat, travel, community get togethers, etc... We are required to provide a "good life" to each individual. Each person has goals that are determined by a team of case managers and direct support personnel. Once determined we are required to work with that individual and help them accomplish these goals. This requires a lot of expense. This particular part of our organizations expense is monitored by Kentucky's Department DDID and the Cabinet for Health and Family Services. They monitor to ensure we are in compliance with meeting each clients goals.”