Fairbury Assisted Living Facility

“The members of the corporation are bryan health and jefferson community health center, inc., both nebraska non-profit corportions.”

“The members of the corporation, bryan health, a nebraska non-profit corporation, and jefferson community health center, inc., a nebraska non-profit corporation, have the power to appoint 3 trustees each, both periodically and as vacancies arise.”

“There are no committees with authority to act on behalf of the governing body.”

“The board will review the form 990 at a regularly scheduled board meeting, which does not necessarily occur prior to the filing of form 990. Form 990 is reviewed by mr. Chance klasek, board secretary, prior to filing.”

“On an annual basis, officers and trustees are required to sign the "conflict of interest statement." by signing this statement, the officers and trustees agree not to use his or her position for personal profit or to gain personal advantage. The officers and trustees are required to disclose in writing to the board of trustees any person to whom he or she is closely related or organization with which he or she is affiliated, who or which presently transacts business with the corporation or might reasonably be expected to do so in the future. The officers and trustees are required to submit such disclosure on a case-by-case basis. It is understood that affiliation with an organization is considered to exist when an officer, trustee or a member of his or her immediate family or close relative is an officer, director, partner, employee or agent of the organizations or owns 5% of the voting stock or controlling interest in the organization. The officers and trustees must abstain from voting on any motion regarding the disclosed conflict of interest.”

“Cedarwood's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“The organization does not have a written policy, but it does maintain documents in accordance with federal and state laws.”

“As no officer is paid by this organization, no independent review or approval process is conducted by this organization.”

“The finance committee of the board of directors selects the independent accountant and has the responsibility for oversight of the review. Upon conclusion of the review, the accounting firm presents the results and findings to the finance committee. This process has not changed from the prior year.”