Graceworks Lutheran Services

“The members of the organization are lutheran congregations in formal covenant relationship with the organization as described in its code of regulations.”

“The organization's members send delegates to an annual meeting during which individuals are elected to the governing body.”

“Annually, the form 990 is provided to the organization's ceo, treasurer, and other senior staff for an in-depth review of the return prior to the time of filing form 990 with the irs. The form 990 is also provided to each voting member of the governing body of the organization in a quarterly meeting prior to the time of filing form 990. Each voting member is given the opportunity to review and comment on the form.”

“The organization requires self-disclosure of any conflicts of interest on an on-going basis.”

“The board of directors will conduct a written assessment of the performance of the ceo at least annually. Such assessment will normally be conducted during the first quarter of the calendar year after data related to organizational performance for the prior year is compiled and published. All members of the board of directors should participate in such assessment and the input of the ceo should be sought and considered. The board or its designated representatives will meet with the ceo to communicate the results of such assessment. Upon completion of the annual written evaluation of the ceo, the board of directors will consider adjustments to the compensation of the ceo. The board chair or chair of the executive compensation committee is the coordinator of this process. The executive compensation committee of the board of directors will select a qualified compensation consultant to provide professional services to the board of directors. The executive compensation committee will work with the consultant to compile information concerning compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions. The consultant will consider the availability of similar services both regionally and nationally and review current compensation surveys compiled by independent firms. Considering the availability of resources and performance of the ceo, the executive compensation committee will establish a reasonable and fair level of compensation for the ceo, including appropriate benefits, that is consistent with the compensation philosophy of the organization and will not result in an excess benefit transaction as defined by the internal revenue service. The committee chair will present the information to the full board to affirm the recommendation of the committee. The actions of the board of directors regarding compensation will be recorded in confidential minutes of the meetings at which such matters are considered. Normally this process should be completed during the first quarter of a calendar year. Upon completion of the process, the board chair will inform the ceo in writing of the decision of the board of directors. The total compensation of the ceo will be documented in a memorandum signed by the board chair and the ceo. The ceo is responsible and accountable to the board of directors for the fair compensation of all other employees. At least every other year, the ceo will review with the executive compensation committee the compensation of all employees who are officers of graceworks lutheran services and the compensation of all employees who earn compensation above a threshold amount set from time to time by the executive compensation committee. As part of such review, the ceo will demonstrate the reasonableness of such compensation in light of each individual's performance and comparability data related to each individual's position.”

“The organization's form 990 is available for public inspection upon request, as set forth in the internal revenue code section 6104(d). An unaudited financial statement is published with the organization's annual report with instructions on how to review the audited financial statements once they are available. The annual report is mailed to individuals in the community and posted on the organization's website.”

“Gw real property, llc was formed in 2009. Graceworks is the sole member of the company.”

“Ohio aging services network llc k-1 244. Ziegler link-age longevity fund, lp k-1 -15,796.”

“Neither the organization's audit oversight process nor its process for selection of an independent accountant has changed during the tax year.”