Voans Pace Holding Company

“Michael king, sharon wilson geno, joseph budzynski, kimberly king, jacci nickell, nancy gavin, paul soczynski, peter desjardins, faith nutz and milford moyer have business relationships with each other, because they serve as directors, officers, and/or key employees of volunteers of america, inc., volunteers of america national services, and/or their related organizations.”

“Voa national services is a member.”

“Voa national services has the right to elect or appoint directors.”

“Voa national services approves amendments to the articles and bylaws.”

“The tax return is provided to the board of directors for review. The board has 5 days to review and give comments on the return. After the comment period, any changes will be made to the return. The board of directors is then provided a complete copy of the final return upon filing.”

“The policy requires officers, directors and key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event potential conflicts arise. Potential conflicts of interest are reviewed by the board of directors and may require said officer, director and key employee to recuse from participation to avoid a conflict of interest.”

“The organization's president and ceo is not compensated by the organization but is compensated by a related organization, volunteers of america, inc. Volunteers of america's process for determining compensation of the organization's president and ceo, officers, and key employees includes review and approval by a compensation committee formed of independent members appointed by the board of directors. The compensation committee conducts a market compensation analysis review every year and reports their conclusions to the board of directors.”

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

“Established in 1896, volunteers of america is a national, nonprofit, faith-based organization providing services such as housing and healthcare to more than 2 million people in over 400 communities each year. In support of that mission, voans pace holding company was organized and is operated to engage in, advance support, promote, and administer health and health-related services and supportive services to seniors and disabled individuals through programs of all-inclusive care for the elderly (pace).”

“The organization has not changed either its oversight process or selection process during the tax year.”