Bethesda Lutheran Communities Inc

“The form 990 was prepared by staff and reviewed and approved by the chief financial officer. The form 990 was then presented to the board of directors for review.”

“Each november, every director is required to assess the potential for any conflicts of interest and sign a form that discloses whether the ableight inc director has any potential conflicts of interest. The organization's compliance and risk management team audits whether every director has submitted a signed conflicts of interest disclosure form and ensures that this is done annually for every director.”

“The board of directors executive committee serves as a compensation committee with the duty to review and make findings as to the reasonableness of (i) the compensation paid and benefits provided to the president and chief executive officer, and (ii) the recommendations of the president and chief executive officer for the compensation ranges and benefit levels for the chief legal officer, the chief financial officer, the chief operating officer, the chief human resources officer, the chief advancement officer and all other persons whom it determines to be in a position to exercise substantial influence over the affairs of the corporation within the meaning of section 4958 of the internal revenue code ("disqualified persons"). In doing so it (1) identifies all disqualified persons; (2) periodically (at least in every odd-number year) reviews and determines the reasonableness of the compensation and benefit levels of the president and chief executive officer; (3) periodically (at least in every odd-number year) reviews and determines the reasonableness of the recommendations of the president and chief executive officer for the compensation ranges and benefit levels of other disqualified persons; (4) considers all incentives, perquisites, deferred compensation and anything of value when considering the reasonableness of compensation or benefit levels; (5) obtains from sources outside the corporation objective, market comparable compensation and benefit level data; (6) documents its considerations and determinations in written reports; and (7) at least annually report its activities and findings to the board of directors.”

“The corporation's governing documents including conflicts of interest policy, 990 tax returns and current audited financial statements are available on the organization's public web site (http://ablelight.org) and to the public upon request.”

“Ablelight addresses four of the most pervasive systematic social challenges leading to life insecurity for this vulnerable population: physical and social isolation, employment insecurity, housing insecurity and health and wellness insecurity. Ablelight works to address these issues through programs in residential, employment, day, and representative payee services.”

“Fees for services other: program service expenses 463,089. Management and general expenses 690,690. Fundraising expenses 245,849. Total expenses 1,399,628. Contract support staff, home healthcare, dieticians, and other client care: program service expenses 13,653,881. Total expenses 13,653,881.”

“Change in net assets of foundation, hud companies and ablelight cornerstone 4,408,548. Change in net assets of foundation (restricted) 4,925,699. Actuarial change in split interest agreements (unrestricted) -55,323. Transfer of assets from foundation (unrestricted) 11,000,000. Transfer of assets to foundation (restricted) -301,737.”