Elm Crest Manor

“Executive Committee: The board of directors by resolution, adopted by a majority of directors in the office, to establish an executive committee, comprised of the Board President, Board Vice President and Secretary. The executive committee will manage any urgent, sensitive and/or day to day matters and shall have the ability to exercise the authority of the board of directors, making decisions on behalf of the board in crisis or emergent situation. While the executive committee has the authority to implement quick decisions in urgent operational manners, the executive committee is accountable to the full board and cannot replace it's ultimate authority.”

“Peace Church is the sole member.”

“Six of the board members for Elm Crest are elected by Peace Church.”

“Expenditures over $500,000 require approval by Peace Church.”

“Upon receipt of the draft Form 990, a copy shall be distributed to the board members for their review prior to submission to the IRS.”

“All directors, principal officers, and members of a committee with board delegated powers are covered by the Organization's conflict of interest policy. Annually the interested persons are required to sign the conflict of interest statement. If a potential conflict exists, the interested person must disclose all material facts to the Board of Directors. The remaining board members shall determine if a conflict of interest exists. If a conflict exists, the interested person may make a presentation to the board regarding the transaction or arrangement and the remaining board members, after exercising due diligence, will determine whether the corporation can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a board or committee member fails to disclose actual or potential conflicts of interest, the Board of Directors shall take appropriate disciplinary and corrective action. All actions are noted in the meeting minutes. Proposed related activities require disclosure of parties and partners involved including search of excluded parties. If/when a likely conflict of interest may be present, the Board of Directors is contacted for their review and decision. A project may be terminated or additional measures taken for monitoring.”

“To determine a reasonable compensation, the board references administrator salaries from other ND nursing homes of similar size for comparable data. This decision was documented in the board meeting minutes. The board plans to evaluate the Administrator's salary yearly. The process was last undertaken in February 2024.”

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

“Professional Fees: Program service expenses 535. Management and general expenses 67,418. Fundraising expenses 0. Total expenses 67,953. Consulting Fees: Program service expenses 1,151,729. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,151,729. Other Fees: Program service expenses 425. Management and general expenses 0. Fundraising expenses 0. Total expenses 425.”