Porter Hills Home Health Care

“United methodist retirement communities, inc. Is the sole member of umrcph, inc.”

“The board of directors of umrcph is approved by the united methodist retirement communities, inc. Governing board of directors.”

“As the sole member of the corporation, united methodist retirement communities, inc. Shall be entitled to all rights and powers of a member under michigan law, including the following: (a) approve the strategic plan and planning process of the corporation (including without limitation, additions, deletions or significant modifications of services), with approvals conditioned upon whether the plan and the planning process fulfills the mission and objectives of the corporation and the collective mission, objectives and strategic plan of united methodist retirement communities, inc., and its subsidiaries and affiliates; (b) approve all operating and capital expenditure budgets of the corporation; (c) periodically review and evaluate the operating, financial and other performance of the corporation; (d) appoint the auditors of the corporation; (e) establish limits beyond which the approval of the board of directors of united methodist retirement communities, inc. Will be required for (i) capital expenditures, (ii) short term, long term and alternative indebtedness and obligations (including guarantees, leases, encumbrances and disposition of land, buildings and equipment by the corporation); (f) establish policies requiring approval of united methodist retirement communities, inc. Of affiliations, joint ventures, and other business relationships of the corporation; (g) establish such other policies as may be deemed necessary or desirable by united methodist retirement communities, inc. To fulfill its responsibilities as they pertain to the corporation, including policies establishing standards by which actions of the corporation requiring approval of united methodist retirement communities, inc. Shall be reviewed; (h) approve any dissolution, liquidation, merger or consolidations of the corporation.”

“The form 990 is prepared by plante moran and reviewed by the cfo and the sr. Director of finance and then provided to the board for comment prior to being filed with the irs.”

“Umrc/porter hills expects its employees and trustees to conduct the business of umrc/porter hills in a legal and ethical manner, observing the highest standards of integrity and business ethics when acting on behalf of umrc/porter hills, these individuals should act solely for the benefit of the organizations. Each employee and trustee should avoid any financial relationship or other situation which represents a conflict between umrc/porter hills interests and other personal interests of the individual. The umrc/porter hills policy on conflict of interest is distributed annually to members of the umrc/porter hills board of trustees, umrc/porter hills president and ceo, and umrc/porter hills administrative staff, including department heads and central supply staff. At the time of the distribution of the policy, each person will be given the opportunity to disclose real or potential conflicts of interest, which will be kept confidential. Disclosures of any potential conflicts of interest by trustees and/or staff are forwarded to the governance committee for review. Any transaction between umrc/porter hills and an entity affected by a conflict of interest of any umrc/porter hills employee or trustee shall not be void but shall be valid if 1) the transaction is fair and reasonable, 2) the material facts of the conflict are disclosed to the board of trustees or governance committee, 3) the transaction is discussed and voted upon by the board or committee outside the presence of the affected individual, 4) the transaction is approved, and 5) the minutes of the board or committee reflect compliance with the policy. Individuals with a conflict are not permitted to be present during discussions or any vote regarding the conflict of interest. Any trustee of the umrc/porter hills board who becomes aware of a relationship that does, or might, constitute a conflict of interest after completing and signing this form must file an updated form.”

“Line 15a: approximately every three years, umrc/porter hills hires an independent consultant to perform a compensation study. In interim years, umrc/porter hills uses industry standard compensation studies from multiple sources. All findings are documented and presented to the compensation committee of the umrc/porter hills board of trustees along with an annual evaluation of the ceo's performance and goals for the coming year. The compensation committee recommends a salary increase to the board of trustees for approval. The deliberation and determination of compensation is documented in the organization's board minutes. Line 15b: approximately every three years, umrc/porter hills hires an independent consultant to perform a compensation study. In interim years, umrc/porter hills uses industry standard compensation studies from multiple sources. All findings are documented and presented to umrc/porter hills' board of trustees and compensation committee. Utilizing these results, salary increases are set by the umrc/porter hills president and ceo and vice president of human resources. This process was last undertaken in 2021.”

“All financial reports are available upon request.”

“Purchased services: program service expenses 0. Management and general expenses 1,396,289. Fundraising expenses 0. Total expenses 1,396,289. Benefit administration: program service expenses 0. Management and general expenses 331,003. Fundraising expenses 0. Total expenses 331,003. Managed services: program service expenses 0. Management and general expenses 254,373. Fundraising expenses 0. Total expenses 254,373.”

“The process for oversight of the audit has not changed.”

“The required single audit as set forth in the single audit act and omb circular a-133 has not yet been completed. Plans have been made to have the required single audit completed by the extended due date as established in omb m-20-26.”