Village Christian Parke

“The organization delegates management duties including supervising personnel, operations, and budgeting to midwest christian villages, a management company and related exempt organization.”

“The board is provided a copy of form 990 prior to its filing.”

“The conflict of interest statement is included in the employee handbook which every employee is given a copy of and signs an acknowledgement for on their first day of employment. If a violation occurs, employees can report directly to their supervisor or use the 800 numbers which are posted at each location. Violations are investigated by individuals at the vice president level, and at least two individuals would make the final determination as to the appropriate action to be taken.”

“Compensation of the organization's top management official, officers and key employees is determined by a related organization, christian homes, inc. Officers are not present at any meeting discussing their compensation. The compensation committee documents its findings in writing. Christian homes, inc. Participates in several (minimum of 3) industry specific, executive salary surveys each year to help determine competitiveness of the organization's executive and senior management positions. The salaries are discussed and reviewed by the president and vice president of human resources. If a new hire is being considered for an executive level position, it may also be discussed with the board. In 2010, the organization established a compensation committee of the board headed by a person whose entire career was in human resources and includes the organization's vice president of human resources as well as a few other board members. Other officers and key employees salaries are determined based on a review and participation in several industry specific salary surveys which provide data on other executives. The organization reviews the compensation review through a board committee. The vp of hr is also on this committee. They review the executive team compensation on an annual basis and they use salary surveys from external sources that relate to the organization's industry. At the march 2016 board meeting the cfo and ceo salaries were reviewed. The items that are discussed during the compensation meeting are summarized in the full board meeting, where minutes are taken.”

“The organization posts its financial statements on its website. Monthly financial statements, governing documents, and conflict of interest policy are also available upon request.”

“Transfer to parent company 7,810,227.”