Bethesda Home Inc

“Sanford health, an unrelated organization, provides management services through a contract involving the sr director/administrator. The home paid sanford health for services provided by isaac gerdes. The sr director/administrator spends approximately 12 hours per week at the home. The remainder of his time is spent at an unrelated entity. Compensation and benefits for the sr director/administrator were $75,724 and $20,631 respectively.”

“The membership of this corporation shall consist of the voting members of nine congregations of the evangelical lutheran church of america's prairie coteau conference of the south dakota synod or its successor voting to participate and of other lutheran congregations that become members by invitation to this corporation.”

“Bethesda home, inc. Has affiliations with area churches, and in turn each affiliated church elects a representative from their respective congregation to sit on the board of directors.”

“The affiliated churches each send two representatives to bethesda home's annual meeting as their voice on decisions made by the board of directors such as changes to governing documents, etc.”

“The executive committee meets before regular board meetings, but has no authority to act without the full board.”

“A draft of the form 990 will be provided to the board members at a monthly meeting. Form 990 will be filed with the irs after it is reviewed and approved by the board.”

“Board members are required to read, accept and sign the conflict of interest statement each year. The conflict of interest policy covers all board members. A possible conflict must be disclosed immediately in writing to the board president. The written disclosure is then presented to the board, as a whole, and determination is made, by a majority vote, as to whether the disclosure shows that a conflict exists. If a conflict is determined to exist, the interested person may give a presentation to the rest of the board, but after the presentation, the interested person must leave the meeting during the discussion and voting process of the disclosed matter.”

“Sanford health looks at comparable organizations, sdaho salary guidelines, and national organizations. The salary guidelines are based on size, location and revenue of the organization. This method of determining compensation is used for all positions on an annual basis. The board of directors of bethesda home, inc., approves the compensation amount through their acceptance of the management agreement.”

“Available upon request with board approval.”