Otterbein at Granville

“The 990 is compiled by kendal's tax accountant in collaboration with the finance director. Upon completion of the 990, a copy is provided to all members of the finance committee for discussion and review. Changes are made based upon committee recommendations. A final copy of the 990 is provided to all members of the board and discussed at the board meeting. Changes are made based upon board recommendations.”

“Senior staff members shall submit a written survey form annually, disclosing his or her real, potential or perceived conflicts of interest. All staff members will receive an explanation of the conflicts of interest policy through the annual corporate compliance training. All staff members shall disclose all known, potential or possible conflicts of interest to the executive director. The executive director shall disclose such conflicts involving himself/herself to the board of directors. The board alone may grant approval for exceptions to this policy. The executive director reviews board disclosures annually. Any violations are discussed with the executive committee of the board and dealt with accordingly. Employees are subject to termination if they have violated this policy.”

“The executive committee of the board serves as the compensation committee to determine annual pay increases for the executive director. The executive committee gathers market data from like organizations for like positions and uses the data as a framework for setting compensation ranges. The board chair requests from kendal corporation's (a related party) director for human resources the results of the salary study for the executive director role. The board chair will consult with the president/ceo of the kendal corporation and/or the director for affiliate services and will bring the results of these discussions to the compensation committee deliberations. Annual increases are based upon achievement of mutually agreed upon goals, market trends in comparable situations, including labor and living costs and considers experience and skill in position. Recommendations from the compensation committee are brought to the board for discussion and decision. Compensation for key employees is determined by the executive director and human resources manager using market data from like organizations for like positions. Annual increases are based upon achievement of mutually agreed upon goals, market trends in comparable situations, including labor and living costs and considers experience and skill in position. Annual increases are shared with the executive committee.”

“The organization provides its governing documents, conflict of interest policy and financial statements upon request.”

“Kendal at granville provided 370 hours totaling $17,075 of community benefit. Programs that were supported in 2018 included serving lunch monthly at the salvation army newark and donating food, habitat for humanity, central ohio technical college nursing program as a clinical learning site and kendal at granville resident assistance.”

“Loss on write off of deferred costs of acquiring initial continuing care contracts $(671,145) impairment of operating rights to licensed beds $(304,000) --------------- total $(975,145)”