Aberdeen Village Inc

“The bylaws were amended to require that a majority of the trustees must also be current members of the board of trustees of presbyterian manors of mid-america, inc., a related not-for-profit, 501(c)(3) organization.”

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

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

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

“An independent accounting firm prepares and reviews the 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.”

“The compensation paid by presbyterian manors of mid-america, inc. (pmma) to the ceo is determined by pmma's attorney providing pmma's board of trustees with comparability data. Deliberation of the ceo's compensation is held in executive session and their decision is delivered to human resources in a letter from the chairman of the board. 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.”

“Aberdeen village, inc. Makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“Housing needs are met by providing facilities that are specifically designed to meet a combination of physical, emotional, recreational, and social needs of elderly persons. Health care needs are satisfied by offering a continuum of care which offers services for the future health care needs of residents on a single campus. Financial security is achieved by providing services at the lowest feasible cost. Included is the policy of maintaining the residence of any person who outlives his or her ability to pay for the cost of residency through no fault of their own.”