Village on the Isle Foundation Inc

“As a related agency of the florida-bahamas synod of the evangelical lutheran church in america, the foundation shall secure the approval of the synod council of the florida-bahamas synod for all changes in its principal governing documents and amendments thereto, or any substantial changes in program or property, and the general plans for financing the agency.”

“The chief financial officer performs a detailed review of the form 990, after which it is provided to members of the board prior to filing the final version with the irs.”

“The organization's conflict of interest policy covers all board members and employees. New board members complete and submit a signed conflict of interest disclosure statement at orientation. All board members are required to complete and submit a signed conflict of interest disclosure statement annually. These statements are reviewed by the board chairman and chief executive officer. Any board member having a possible or actual conflict of interest is prohibited from voting or using his/her personal influence on the matter, and should not be counted as part of a quorum for the meeting. The same process applies to key employees of the organization.”

“The executive committee (5 members), which is independent with respect to all compensation decisions, evaluates the performance of the chief executive officer. The board approved the ceo's contract. The ceo's salary can adjust from time to time and includes an annual bonus based on performance criteria and goals. The ceo performs annual evaluations of other top management officials and receives approval from the board chairman for adjustments. The organization utilizes comparability surveys and/or other wage research, conducted by the human resources director and/or consultants, to aid in determining the compensation of top management officials and documents the results in the board minutes.”

“The organization makes its governing documents, conflict of interest policy and audited financial statements available for public inspection and photocopying in its finance department.”

“Time devoted to southwest florida retirement center, inc. - ein# 59 - 1931148: name title hrs/wk devoted douglas feller chief executive officer 50.00 kathleen rogers chief financial officer 50.00 tom hanks chairperson 2.00 christine puthoff secretary 2.00 rev. Donald hillerich trustee 2.00”