Brethren Care Inc.

“The return was prepared by an outside cpa firm and provided to the organization's cfo for review. A copy of the form 990 is sent to each board member for their review and comments prior to filing.”

“An interested person ("interested person") is any director, trustee, officer, or member ("member") of a committee with governing powers as delegated by the board of directors (the "board"), who has a financial interest. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family, any of the following: i) an ownership or investment interest in any entity with which the corporation has a transaction or arrangement ii) a compensation arrangement with the corporation or with any entity or individual with which the corporation has a transaction or arrangement. Iii) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the corporation is negotiating a transaction or arrangement in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members with governing delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after discussion with the interested person, the interested person must leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining directors or members must decide if a conflict of interest exists. Each director, principal officer and member of a committee with governing board delegated powers must annually sign a statement which affirms each of the following: a) the person has received a copy of the policy. B) the person has read and understands the policy. C) the person has agreed to comply with the policy. D) the person understands that the corporation is charitable, and in order to maintain its federal tax exemption, the corporation must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, the governing board must conduct periodic reviews ("periodic reviews") to ensure that the corporation the periodic reviews must, at a minimum, include the following subject: a) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms' length bargaining. B) whether partnerships, joint ventures, and arrangements with management organizations i) conform to the corporation's written policies ii) are properly recorded iii) reflect reasonable investment or payments for goods and services, iv) further charitable purposes v) do not result in inurement, impermissible private benefit or in an excess benefit transaction”

“The ceo's salary, benefits, etc. Must be approved by the board. On an annual basis, the board meets to review the ceo's contract. Based on performance, expectations and the economy an increase may be granted. Any increase must be submitted to the human resources and finance departments for implementation.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Purchased nursing: program service expenses 437,147. Management and general expenses 124,323. Fundraising expenses 0. Total expenses 561,470. Therapy contracts: program service expenses 764,333. Management and general expenses 217,376. Fundraising expenses 0. Total expenses 981,709. Ancillary expenses: program service expenses 237,903. Management and general expenses 65,806. Fundraising expenses 0. Total expenses 303,709. Physician consultant: program service expenses 9,343. Management and general expenses 2,657. Fundraising expenses 0. Total expenses 12,000. Medical director: program service expenses 28,029. Management and general expenses 7,971. Fundraising expenses 0. Total expenses 36,000. Other professional services: program service expenses 284,270. Management and general expenses 80,845. Fundraising expenses 0. Total expenses 365,115.”