Aberdeen Ridge Inc

“All of the officers and directors have a business relationship due to their positions in presbyterian manors of mid-america, inc., a related 501(c)(3) organization.”

“Presbyterian manors of mid-america, inc.'s attorney and/or the cfo/svp-hr provides the board of trustees with comparability data to determine the ceo's compensation. Deliberation of the ceo's compensation is held in the governance committee and executive board session. The board's decision is provided to the cfo/svp-hr by the board chairman. The ceo uses comparability data to determine compensation for the other officers, key employees, and executive directors.”

“Greystone development company is performing marketing and development activities associated with the pre-construction and construction phase of the facility.”

“Presbyterian manors of mid-america, inc., a not-for-profit, 501(c)(3) organization is the sole member of aberdeen ridge, inc.”

“Presbyterian manors of mid-america, inc., being the sole member of aberdeen ridge, inc. Has the right to elect all of the board of trustees”

“An independent accounting firm prepares and reviews the form 990. The 990 is then reviewed by the cfo and the organization's chair of the finance committee. Any questions or concerns the cfo and the organization's chair of the finance committee have are addressed and any corrections or clarifications are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990 with the irs.”

“Annually, presbyterian manors of mid-america, inc.'s attorney presents and explains the conflict of interest policy to the board, the officers, and the key employees. The trustees, officers, and key employees are required to disclose any conflicts and sign the policy. If a possible conflict of interest arises, it is reviewed by the attorney and the organization's ceo who determine whether a conflict exists. If it is determined that a conflict exists, the conflicted individual is prohibited from voting or being involved in discussions regarding the conflict.”

“Compensation for bruce h. Shogren, president/ceo is provided by presbyterian manors of mid-america, inc. (pmma), a related entity. Pmma uses a compensation committee, form 990 of other organizations, a written employment contract, a compensation survey or study, and approval by the board or compensation committee to establish mr. Shogren's compensation.”

“The compensation for all other officers and key employees is also provided by pmma. The ceo of pmma uses comparability data to determine compensation for the other officers, key employees, and executive directors. This process last occured in 2024.”

“Aberdeen ridge, inc. Makes its governing documents and conflict of interest policy available to the public upon request. Financial statements are made available to the public upon request, at management's discretion.”

“MARKETING CONSULTANTS - Total Expense: 267972, Program Service Expense: , Management and General Expenses: 267972, Fundraising Expenses: ; DIETARY CONSULTANTS - Total Expense: 200950, Program Service Expense: 200950, Management and General Expenses: , Fundraising Expenses: ; OTHER CONSULTANTS - Total Expense: 4487, Program Service Expense: , Management and General Expenses: 4487, Fundraising Expenses: ;”