St Anns Home Inc

“The organization does not provide a draft copy of the 990 to the governing body before its submission; however, the 990 is reviewed by the administrator prior to filing.”

“The conflict of interest policy covers all directors, officers and members of a committee with board delegated powers that has a direct or indirect financial interest with the home. The conflict of interest policy is provided to every director on an annual basis, and the director must submit a written statement acknowledging receipt of the policy, understanding, agreement, and application of the policy. The home's activities are reviewed periodically to ensure the home is operating in a manner consistent with its charitable purposes. When a conflict of interest is determined to exist the board or committee shall meet without the presence of the interested party. The interested party may make a presentation to the board or committee, and the board or committee then determines whether there has been a conflict of interest, or whether a non-interested person to investigate alternatives to the transaction of arrangement that is a conflict of interest. The issue is then decided by a majority voting without the interested person after determining if the home is able to obtain a more advantageous transaction or arrangement with another disinterested party. Any interested party that violates the code of conduct policy is subject to appropriate discipline, up to and including removal from office.”

“Compensation of the top management official is approved by the president of the governing board and two advisory board members. Compensation is determined by reviewing the form 990 returns of other local nursing homes and by reference to a salary survey from the american association of homes and services for the aging. Compensation of the financial director is approved by the advisory board based on predetermined pay scales also approved by the advisory board. In addition to the scale, merit increases may also be given. The most recent year this process was undertaken was 2016.”

“The organization does not provide governing documents, conflict of interest, and financial statements to the public.”

“Change in investment in emmanuel hospice 262,988. Equity transfer to carmelite sisters -139,325.”

“Oversight of financial statement review is performed by the advisory board and there has been no change from the prior year.”