National Lutheran Inc.

“The cfo and president perform an initial review of the form 990. Upon approval, the form 990 is made available to each board member for review and approval at a board meeting prior to transmission of the return to the irs.”

“Board members and key employees sign a conflict of interest statement each year. If a conflict is identified, it is 1) identified and discussed with the board and 2) reviewed and documented by management. If an actual or potential conflict is identified, the board member, officer, or employee will recuse him or herself from any conversations, decisions, or other activities and discussions involving the conflict. Family and business relationships are expressly mentioned in the conflict of interest policy as potential sources of conflicts with interested persons.”

“The board determines the compensation for the ceo through the combined use of several methods. The executive committee serves as a compensation committee which oversees the process. Compensation surveys are performed by an outside hr consulting firm, prm, using local market data. The ceo, executive director, and director of human resources use salary surveys to determine the compensation for other officers and key employees to ensure they are within the local market range. The services the individual provides to the organization and the tenure of the officer are also factors considered in salary determinations. Once the executive committee gives its approval, its decisions are noted at the board level.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and at no cost. The documents will also be made available to the public on the organization's website.”

“Professional fees: program service expenses 188,099. Management and general expenses 921,872. Fundraising expenses 3,104. Total expenses 1,113,075. Maintenance & equipment contracts: program service expenses 0. Management and general expenses 22,624. Fundraising expenses 0. Total expenses 22,624. Medical care fees: program service expenses 18,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,627. Payroll processing fees: program service expenses 0. Management and general expenses 417,973. Fundraising expenses 0. Total expenses 417,973.”