Rest Haven Homes Inc.

“Donald grob and terry carrick - family relationship.”

“A board resolution is not required in order for the internal revenue service form 990 to be filed. The auditors present the 990 to the board of directors. The board then reviews the 990, an officer signs the return and it is e-filed with the irs.”

“To protect the impartial decision making and reputation of both the organization and those involved with it, transactions with related parties where a potential conflict of interest exists or may appear to exist shall be disclosed to the board of directors. When a transaction with related parties appears to exist, related parties are excluded from the discussion and approval of the transaction. As part of the decision process, competitive bids or comparable valuations are made. The transaction shall be evaluated to ensure it is made on sound economic basis and in the best interest of the organization. The audited financial statements will fully disclose material related-party transactions.”

“As part of the annual budget process, the wages of all employee positions are researched using market surveys for comparable sized facilities, in a non-profit sector and in the same geographic area. In addition, experience, longevity and performance are evaluated along with the current cost-of-living in setting wages. The board of directors establishes the salaries of the administrator and administrator of finance based on the budget process and in relation to the wages of other positions. Paid time off and employee benefits are calculated the same as other positions within the organization.”

“It is the organization's policy to fully comply with the federal and state public disclosure requirements. Upon request, rest haven homes will furnish a copy of irs form 990, audited financial statements, current financial statements or tax-exempt determinations. The reports are also available for public inspection in the business office during normal business hours. Rest haven homes reserves the right to charge a reasonable fee for reproduction and actual postage costs. Governing documents such as the articles of incorporation, bylaws and conflict of interest policy will be furnished to the public at the discretion of the management.”

“The board of directors assumes responsibility for oversight of the audit and selection of an independent accountant.”