Retirement Living Inc

“The Executive Director is not an employee of Retirement Living, the board negotiates and approves the contracted salary amount paid to Retirement Living for the Executive Directors services. The Management company does perform a compensation survey. The decisions are documented in the board minutes. This process was last undertaken in 2024.”

“The Health Center Administrator is not an employee of Retirement Living. The Board of Directors participates in the annual review of regarding compensation. The compensation is determined by the management company using a compensation survey. The decisions are documented in the board minutes. This process was last undertaken in 2024.”

“After the 2022 tax year, the Indiana Form NP-20R is due on May 15, 2026. After 2026, each Form NP-20R is due May 15th every fifth year.”

“There shall be an Executive Committee of the Corporation, which shall consist of the directors holding the offices of President, Vice President, Secretary, Treasurer and such other directors as may be appointed by the President. The President shall preside over the proceedings of the Executive Committee. During intervals between meetings of the Board of Directors, the Executive Committee may exercise the authority of the Board of Directors, provided, however, that the Executive Committee shall not have the authority to: amend or restate the Corporation's Articles of Incorporation; adopt a plan of merger or plan of consolidation with another organization; authorize the sale, lease exchange or mortgage of all or substantially all of the property and assets of the Corporation; authorize the voluntary dissolution of the Corporation; or act in a manner otherwise prohibited by the Act or other law. The Executive Committee shall cause minutes of its proceedings to be kept and filed with the minutes of the proceedings of the Board of Directors.”

“RETIREMENT LIVING INC. IS MANAGED BY LIFE CARE SERVICES, LLC. AN UNRELATED ORGANIZATION, LIFE CARE SERVICES LLC PAYS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ADMINISTRATOR. THE DUTIES PERFORMED BY THESE INDIVIDUALS INCLUDE HIRING, FIRING, SUPERVISING PERSONNEL, AND OVERALL MANAGEMENT OF RETIREMENT LIVING, INC. The executive director received $ 146,782 and the administrator received $139,689 for the services provided to the organization.”

“The form 990 is reviewed in detail by the entire Finance Committee. After any questions/changes are addressed, the final draft of the form 990 is distributed via email to the board of directors. It is then filed electronically with the IRS.”

“Retirement Living, Inc. has three conflict of interest policies written specifically for the board, department directors, and administrative officers. All officers and board members sign the appropriate conflict of interest policy annually, disclosing any conflicts that are known to exist.”

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

“(Expenses $ 237,709 including grants of $ 237,709) RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2024, THE ORGANIZATION GAVE $237,709 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS.”