Five Star Senior Center Inc.

“Matthew Elmore was selected by the Board of Directors during July, 2021 to become Executive Director. He replaced Michael Howard who retired effective December 31, 2021. Mr Howard was paid $37,693 in Salary and $6,000 in Consulting fees during the fiscal year ended June 30, 2022.”

“The organization has clients (by virture of their age and home address). The clients are asked to donate for each unit of selected services (program income). None are refused service due to an inability to donate.”

“The full board of directors nominate and elect people to serve as independent members of the board of directors. The full board of directors elect 4 of their number to serve as the president, vice-president, secretary and treasurer (officers). The executive director is appointed by the board of directors and is a non-voting ex-officio member of the board.”

“The board of directors reviews a copy of the completed form 990 before it is submitted to the irs.”

“The organization makes its form 990 available on their website. Annual financial statements are available as part of form 990. Periodic preliminary operating statements are reviewed by the board of directors and are available to the public upon request.”

“Data entry omissions (in error) in preparation of Form 990 for Fiscal Years ending in June 30, 2020 and June 30, 2021 resulted in negative Prior Period Adjustments. Expenditures for the ongoing Garage Project were omitted from the Fixed Asset schedules for those years. The charges for the project covered both of those fiscal years and continued into the current reporting period. The error was detected and corrected during this reporting period and that resulted in a positive Prior Year Adjustment. The project will be formally identified and the appropriate estimated useful life will be determined shortly. Depreciation expense will begin to be recorded effective July 31, 2022.”