Hickory Homes Inc

“An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the finance committee of the board. The cfo of the related organization is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to all voting members of the board prior to filing the 990.”

“The board of directors, officers, and committee members annually review and sign the organization's conflict of interest policy. Actual or potential conflicts of interest must be disclosed to the board. After disclosure and discussion of the conflict, the interested person must leave the meeting while the remaining board members discuss and vote on whether a conflict exists. If a conflict does exist, the board will determine whether they can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If that is not reasonably possible, the disinterested members will vote to determine whether the transaction or arrangement is fair and reasonable, in the organization's best interest, and to the organization's benefit.”

“The subcommittee of the board of bluestem communities, inc., the controlling organization, annually reviews the ceo's compensation, using the leadingage kansas wage and salary survey report and then presents their recommendation to the full board. This review was last performed in 2013 and was documented in the board minutes.”

“The ceo annually reviews compensation for the cfo and coo using the same leadingage kansas wage and salary survey report.”

“The governing documents, conflict of interest policy, and audited financial statements are not typically available to the public.”

“Provide elderly and handicapped persons with facilities and services designed to meet their physical, social and psychological needs, and promote health, security, happiness and usefulness in longer living. Form 990, part v, line 2 the compensation is paid through bluestem communities, inc., a related organization. There is no reportable compensation from the filing organization listed on part vii even though there is salaries and wages expense reported on form 990, part ix. Form 990, part vi, section a, line 2 yvonne sieber, david burns, rosie goering brandt, barth hague, paul harder, ron peters, marcy thiesen, melvin voth, bruce weaver, lualan willems, bonnie sowers, jim goering, and james krehbiel have a business relationship. Form 990, part vi, section a, line 3 the organization delegated control over management duties to heritage management corporation. These duties include: 1) the authority to hire, discharge, or pay any employees, 2) the ability to carry out marketing activities, 3) the ability to offer for rent the dwelling units, commercial space and other rental facilities and concessions in the project, 4) the ability to collect all rents, charges, and other amounts receivable on the owner's account in connection with the management and operation of the project, 5) the authority to secure full compliance by each tenant with the terms of his/her lease, 6) the ability to prepare annual operating budgets for the project and approved by the owner. Form 990, part vi, section a, line 6 bluestem communities, inc., a not-for-profit 501(c)(3) organization, is the sole member of hickory homes, inc. Form 990, part vi, section a, line 7a bluestem communities, inc., as the sole member of hickory homes, inc. Has the power to elect or appoint the members of the governing body. Form 990, part vi, section a, line 7b bluestem communities, inc., as the sole member of hickory homes, inc. Has the power to make governance decisions of the organization.”