St John'S Lutheran Home

“The voting members of the corporation shall be lutheran congregations, hereafter referred to as corporate congregations, located principally in the area of the blue earth river conference of the evangelical lutheran church in america (elca) and other lutheran congregations who are invited to become members of this corporation.”

“Voting members are part of the nominating committee that select candidates for the board of directors. Selected candidates are then elected by the voting members of the corporation.”

“The bylaws can be amended by a majority vote of the members. By a majority vote of the members, amendments to the bylaws can also be delegated to the board of directors.”

“The board of directors has sole authority and does not have any other committes with authority to act on behalf of them.”

“Prior to being filed with the irs, the board chairman and administrator will review in detail a copy of the form 990, including a confirmation of the accuracy of every answer and oversight of appropriate changes.”

“A corporate compliance program is reviewed with all new hires and with new board members. Board members and key employees annually complete a survey related to business relationships and family members that could or do create a conflict of interest. These are summarized and filed along with board meeting minutes. Conflicts of interest are determined by a review of the potential conflicts by the administrator and board of directors.”

“The process used to set the administrator's, cfo and other key employees annual salary is based on a comparison to comparable organizations. The board of directors reviews the minnesota senior housing trade association's annual wage survey. This survey includes information related to the size of the organization and the not-for-profit status of the organization. In addition to this, the 990's from comparable senior housing campuses are reviewed by the board of directors and used to establish the administrator's, cfo and other key employees' wage.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“ROUNDIN -4.”

“The organization's board of directors assumes responsibility for oversight of the audit of its financial statements and the selection of its independent accountant.”