Bethesda Senior Living Inc

“The executive committee shall be composed of the president and chief executive officer, the chairman, vice chairman, secretary and treasurer of the board of directors and any other directors appointed by the chairman subject to the approval of the directors. The chairman of the executive committee shall be the chairman of the board of directors. The executive committee shall have the power and authority to transact all regular business of the corporation during the interim between the meetings of the board of directors and shall submit minutes of its meetings to the board of directors at the next meeting of the board.”

“A copy of the form 990 will be provided to the finance and executive committees of the board of directors for detail review prior to filing. In addition to these detailed reviews, a copy of the form 990 will also be provided to the entire board for their review. Upon request, a pdf copy of the return will also be e-mailed to members of the board.”

“All directors, officers, board committee members and operating officers("insiders") of the organization are required to complete a "conflict of interest" form annually. Each insider shall promptly and fully disclose the existence of any potential conflicts of interest. All "conflict of interest" forms are reported to the ceo, chairman of the board("chairman"), and the board. If it is determined that a conflict of interest exists for a consummated transaction or arrangement, the board shall investigate appropriate steps to mitigate or eliminate the conflict of interest. If it is determined a conflict of interest exists for a proposed transaction or arrangement, which has not yet been consummated, the board shall authorize the transaction or arrangement only if it is approved in accordance with bethesda's policy on conflicts of interest ("policy"). If the chairman or ceo has reasonable cause to believe that an insider has failed to comply with the policy, the chairman or ceo shall meet with the insider to discuss the alleged failure and provide the insider the opportunity for explanation. If, after hearing the response of the insider and making further investigation deemed necessary, the chairman or ceo believes that the insider violated the policy, the matter shall be presented to the board to consider corrective action.”

“The organization does not compensate any officers, directors or key employees. A related organization, bethesda health group, inc compensates these individuals. The human resources committee of the board regularly engages an independent compensation consultant to review and analyze the compensation and benefits of our executives compared to their peers in the business community. The results are reviewed and approved, when appropriate, by the board of directors.”

“No documents available to the public.”

“Bethesda health group, inc, a related organization, issues the w-2s for all employees.”

“Professional services: program service expenses 13,860. Management and general expenses 444,893. Fundraising expenses 0. Total expenses 458,753. Outside services: program service expenses 3,722,020. Management and general expenses 1,396,476. Fundraising expenses 0. Total expenses 5,118,496.”

“Intercompany transfers -9,843,794.”

“The entity has not changed processes from prior year.”