Mount Olivet Careview Home

“The executive committee consists of the president, vice president, treasurer and secretary of the board of directors. Other persons may be elected or appointed by the board, but under no circumstances may the executive committee exceed seven members. The executive committee, in the interim between meetings of the board, exercises the powers of the board in accordance with the general policy of the organization and the board. The executive committee is subject at all times to the direction and control of the board.”

“The option to view a draft 990 is provided to select representatives of the board of directors for detail review and approval.”

“Covered individuals are required to complete an annual statement that includes a duty to disclose. Covered individuals must disclose the existence of any potential conflict of interest and must be given the opportunity to disclose all material facts to the administrator. The administrator will report material facts to the board of directors or the board executive committee for determination of whether a conflict of interest exists. Individuals with potential conflicts of interest may not be present during the discussion nor vote on the transaction or arrangement where a conflict exists. The minutes of the board of directors or board executive committee will record all proceedings related to conflicts of interest.”

“Top management and key employee compensation is reviewed by the president and vice president of the board. The compensation of these individuals was last compared to the 2016 elca salary survey.”

“The organization's form 990 is available upon request and at www.guidestar.org.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.”

“Nursing consultants: program service expenses 149,054. Management and general expenses 0. Fundraising expenses 0. Total expenses 149,054. Social services purchased services: program service expenses 12,887. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,887. Ancillary purchased services: program service expenses 1,269,487. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,269,487. Dietary purchased services: program service expenses 727,938. Management and general expenses 0. Fundraising expenses 0. Total expenses 727,938. Laundry purchased services: program service expenses 212,544. Management and general expenses 0. Fundraising expenses 0. Total expenses 212,544. Maintenance purchased services: program service expenses 209,927. Management and general expenses 6,228. Fundraising expenses 893. Total expenses 217,048. Medicare billing fee: program service expenses 0. Management and general expenses 30,509. Fundraising expenses 0. Total expenses 30,509.”

“Transfers to affiliates -94,972. Transfers from affiliates 160,488.”