Indianapolis Jewish Home Inc

“THE BOARD OF DIRECTORS IS COMPOSED OF NOT MORE THAN 18 INDIVIDUALS WHO ARE DEDICATED TO AND SUPPORTIVE OF THE CORPORATION'S MISSION. THIS INCLUDES THE EXECUTIVE COMMITTEE, CONSISTING OF THE CHAIRPERSON, VICE-CHAIRPERSON, SECRETARY, TREASURER, IMMEDIATE PAST CHAIRPERSON, AND SUCH OTHER MEMBERS OF THE BOARD AS THE CHAIRPERSON DEEMS NECESSARY FOR THE FUNCTIONING OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL AUTHORITY OF BOARD IN THE MANAGEMENT OF THE CORPORATION. MATTERS OF IMPORTANCE, HOWEVER, SHALL BE REFERRED TO THE BOARD FOR APPROVAL, INCLUDING THE ANNUAL BUDGET, CEO and CFO HIRING AND REMOVAL, SALE OF SUBSTANTIALLY ALL ASSETS ASSOCIATED WITH A DISCRETE BUSINESS LINE, ADOPTION OF A STRATEGIC PLAN FOR THE CORPORATION, AND A COMMITMENT IN EXCESS OF $100,000.”

“AARON GIRSON and STACY SEGAL - Family relationship”

“THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT, THEN COPIES ARE PROVIDED TO EVERY MEMBER OF THE GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS ALSO prepared BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM.”

“All directors and officers are required to sign a conflict of interest statement annually. The statements are reviewed by the cfo. If any conflicts of interest are noted, the ceo and president of the board are notified. The president of the board ensures that any board member with an actual or potential conflict of interest abstains from voting on decisions related to the conflict.”

“Each year, the compensation committee is scheduled to discuss the compensation of the ceo. The compensation committee consists of members from the executive committee of the board of directors. The committee uses current compensation and fringe benefit information along with other comparative data, and performance evaluations to analyze compensation for the ceo. The deliberation and decision is contemporaneously documented in the committee minutes after a consensus is reached, the decision is discussed with the ceo. The same process is also completed for the chief financial officer. The ceo and cfo's compensation was last reviewed in december 2024.”

“See Part VI Line 15A footnote above.”

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

“Bylaws state that all past presidents are honorary board members and have no voting rights.”

“Stacy is the immediate past president of the board and served as a board member until October 2024. She then became a full-time employee of the organization. The compensation reported in Part VII relates to her role as employee after resigning from the board.”

“On may 10, 2013, the organization executed separate sublease, management and license agreements (agreements) with hancock regional hospital (hrh). The sublease results in a change of ownership for regulatory purposes, with the organization continuing to manage day-to-day operations via the management agreement. The agreements expire in 24 months and automatically renew for successive two-year terms unless terminated by either party. The sublease covers all real and personal property and requires hrh to remit monthly lease payments of $62,902 and pay all executory costs (taxes, insurance, utilities, and maintenance). The management agreement requires monthly payments based upon net patient revenue and an annual quality incentive payment dependent on the facility meeting certain quality measures. The license agreement requires monthly payments of $1,000. Either the organization or hrh has the ability to terminate the agreements prior to the termination date by providing 90 daysice to the other party. At the termination of the agreements, the organization and hrh are required to perform certain actions as defined by the agreements.”

“Federation of greater indianapolis. With the values and traditions of judaism as its foundation, hooverwood's mission statement is based on four core values that together continue hooverwood's tradition of healthcare excellence. Dignity- to understand our residents as individuals with their own histories, values, and contributions, and to provide opportunities for continued growth, independence, and feelings of self-worth. Spirituality - to uphold the beliefs and traditions of the jewish faith, while providing for the spiritual well-being of residents of all faiths. Community - to provide a home-like friendly environment to all residents and staff. Vision - to prepare for the future of the aging population through a commitment to education, research, and quality care.”