Sheboygan Senior Community Inc

“The executive committee shall consist of the chairperson, the vice-chair, the secretary and the treasurer. The chairperson shall be the chair of the executive committee. A quorum shall consist of three (3) members. The executive committee shall have and may exercise, when the board of directors is not in session, the powers of the board of directors in the management of the affairs of the corporation, except action in respect to election of board officers, officers, the filling of vacancies in the board of directors or the executive committee, or other matters specifically reserved by the board of directors. The executive committee shall fix its own rules governing the conduct of its activities and shall make such reports to the board of directors of its activities as the board of directors may request. Section 5 - finance committee: shall be composed of three (3) but no more than five (5) members, at least three (3) of whom shall be directors. The board treasurer shall be the chair of the finance committee. It shall be the duty of the committee to submit at the annual meeting and at each meeting of the board of directors, a financial report and any other reports as requested by the board or as deemed necessary in the operation of the corporation. In addition, the committee shall, prepare an annual budget, subject to approval by the board of directors and shall arrange for an independent audit of all receipts and expenditures, said audit to be done at least annually at the close of the fiscal year.”

“The form 990 is prepared by an independent cpa with information provided by management. When the form has been completed, a pdf copy of form 990 is emailed to the business manager. The business manager forwards the email to the board of directors prior to filing the return. The 990 is reviewed by the business manager, ceo, and director of operations prior to filing. The business manager checks form 990 with internal reports.”

“Each trustee shall disclose to the board of trustees duality of interest or possible conflict of interest, whenever the duality or conflict pertains to a matter being considered by the board. Any trustee having duality of interest or conflict of interest on any matter, shall abstain from voting on the matter and shall not be counted in determining the quorum for the vote on the matter. The minutes of the meeting involving any such situation shall reflect that a disclosure was made, the abstention from voting and the quorum situation. Failure to disclose duality of interest or conflict of interest while participating in the vote for board action shall be reason for removal from office. If a trustee is uncertain as to whether he or she has a duality or conflict of interest which requires abstention, or if a trustee asserts that another trustee has such duality or conflict, the board, by majority vote of those present, other than the trustee having the possible conflict, shall decide whether abstention is required. If so, the trustee shall be deemed to have abstained.”

“Sheboygan senior community, inc. Uses data gathered for their state association (wisconsin association of homes and services for the aging) by management resource associates (mra), a third party independent, not for profit, management consulting group. The data is gathered from participating not for profit homes throughout the state of wisconsin. Cliftonlarsonallen also completed a compensation benchmark report for a ceo position. Salary recommendations for the executive director are reviewed and set by the executive committee in an executive session without the executive director's presence after the full annual performance evaluation, utilizing the data described above. No other management staff are reviewed in this manner, though all salary and expense data is reviewed by the finance committee of the board in their annual budget preparation and approval.”

“These documents are available upon request.”