Elm Crest Manor

“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.”

“There are no committees that have the ability to act on behalf of the board.”

“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 878. Management and general expenses 42,037. Fundraising expenses 0. Total expenses 42,915. Consulting Fees: Program service expenses 993,330. Management and general expenses 0. Fundraising expenses 0. Total expenses 993,330.”