Courtland Gardens Nursing & Rehabilitation Center Inc

“Courtland gardens nursing & rehabilitation center, inc. Owns a portion of springwell partners, llc. Springwell partners, llc uses age wave management, llc to manage the day to day business and operations of the company and it's facility. Courtland gardens nursing & rehabilitation center, inc. Through lbh carroll county nursing and rehab, llc owns a portion of brinton woods senior living, llc. Brinton woods senior living, llc uses brinton woods management company, llc to manage the day to day business and operations of the company and it's facility. Courtland gardens nursing & rehabilitation center, inc. Through lbh carroll county nursing and rehab, llc owns a portion of brinton woods health care center, llc. Brinton woods health care center, llc uses brinton woods management company, llc to manage the day to day business and operations of the company and it's facility.”

“The corporation shall have one member: lifebridge health, inc., (the "member") a maryland nonstock corporation. Membership in the corporation shall not be transferable.”

“The member shall have the exclusive power and authority to take the following actions: (1) except for ex officio directors as provided for in the bylaws, to nominate, elect, and remove, with or without cause, the directors of the corporation; (2) to appoint the president of the corporation with the advice and consent of the board of directors; to nominate and elect the corporation's chair, vice chair, secretary, and treasurer; and to remove each of the above-named officers (with or without cause), provided that the board of directors of the corporation shall also have the power to remove any officer of the corporation.”

“The member has power to appoint and/or remove members of the governing body.”

“Courtland gardens nursing & rehabilitation center, inc. Does not have any committees. Form 990, part vi, section b, line 10a: the policies described in part vi, section b, lines 10a-16b apply to courtland gardens nursing & rehabilitation center, inc. And its affiliates as listed below: lbh carroll county nursing and rehabilitation, llc lbh evergreen holdings, llc”

“The lifebridge exempt entities 990's are initially reviewed by the assistant vice president of financial reporting. In addition, an independent accounting firm also reviews all the 990 returns. A formal meeting is then scheduled with the chief financial officer, vice president of financal reporting, general counsel, and the assistant vice president of financial reporting to review in their entirety all the lifebridge exempt entities 990's. Management then provides a copy of the 990's to the audit and compliance committee of the lifebridge health board and to each individual board director prior to the filing date for review.”

“Lifebridge and all of its subsidiaries require all employees, medical staff, members of the board, and the executive staff to disclose any activities that could result in a possible conflict of interest. If a conflict is identified, the person involved would recuse him/herself from deliberations regarding the transactions. An individual is considered to have a conflict of interest with regard to a matter or transaction if the individual has a personal or financial interest that has the potential to influence the action taken by the individual on behalf of lifebridge or any of its subsidiaries. An individual is considered to have a "personal interest" in a matter if it is likely to have a direct and material impact on the individual's relationship with lifebridge or any of its subsidiaries (e.g., the individual's continued membership on a subsidiary hospital's medical staff), or on the individual's own health care, or the individual is personally involved in a substantial way (e.g., serves as an officer or director) with another organization that has a significant interest in the matter. An individual is considered to have a "financial interest" in a transaction if the individual is a party to the transaction, or if the individual has, directly or indirectly a current or potential ownership or investment interest in a party to the transaction or a current or potential compensation arrangement with a party to the transaction. A "compensation arrangement" includes direct and indirect remuneration as well as gifts or favors of a substantial nature. An individual will be considered to have a conflict of interest with respect to a matter or transaction if a member of the individual's immediate family has such a conflict. For these purposes, a "member" of an individual's "immediate family" means an individual's spouse, mother, father, mother-in-law, father-in-law, grandfather, grandmother, brother, sister, brother-in-law, sister-in-law, son, daughter, son-in-law, or daughter-in-law. "step" relationships (e.g., stepchildren and stepparents) will be treated the same as blood relationships, except as determined otherwise in a specific circumstance by the lifebridge ceo or the president or designee of the appropriate lifebridge subsidiary. Ordinarily, ownership of less than 5% of an entity does not constitute an ownership interest for which disclosure is needed. Conflicts of interest are to be reported by employees to their supervisor, who will be responsible for determining whether further dissemination is necessary. Members of the medical staff should report conflicts to the chief of their department, and members of the board should report them to either the chairman of the board or the office of general counsel. Questionnaires are sent out to members of the board on an annual basis. If questions arise or further guidance is sought, conflicts should also be reported to the integrity hotline (410-601-9700) or office of general counsel (410-601-5129). Nothing in this definition is intended to relieve any person of any additional obligations that may be imposed by state or federal law.”

“Executive compensation at lifebridge health is overseen by the compensation committee of the board of directors. Committee members may not have any financial ties to the organization and must be board members of lifebridge health or a lifebridge hospital. The chair of the lifebridge health board of directors serves as committee chair. The committee provides a report of its activities to the full board of directors at least annually. Compensation packages have been designed to attract and retain skilled and experienced executives and to incentivize them to work toward key strategic objectives. The committee employs independent consultants to ensure that compensation levels are consistent with market norms. Greatest emphasis is placed upon data from healthcare organizations of comparable size and organizational complexity in the mid-atlantic region. All executive incentive and benefit programs are established by the compensation committee, as is the base salary of the chief executive officer, all executive vice presidents and selected other senior executives. Base salaries of other executives are set by their respective supervisors, in accordance with guidelines established by the committee and subject to the committee's oversight. A substantial portion of all executives' total compensation is contingent upon the achievement of both system-wide and individual objectives. Each year's system-wide objectives are approved by the compensation committee and typically include both financial and nonfinancial goals. An executive who fails to achieve the objectives established for the incentive programs will earn below market levels; conversely, the attainment of extraordinary results will be rewarded by above-average compensation. There is contemporaneous documentation and recordkeeping for deliberations and decisions regarding the compensation arrangements.”

“It is the policy of lifebridge health inc. And its subsidiaries to make available upon request the audited financial statements to the general public. The lifebridge health inc. And subsidiary governing documents are not made available to the general public upon request or via a website. The conflict of interest policy is included on schedule o.”

“Salaries on the statement of functional expenses represent payroll paid by subsidiaries, as such there are no w-2s to report.”

“Bank service fees: program service expenses 1,280. Management and general expenses 160,656. Fundraising expenses 0. Total expenses 161,936. Other purchased services: program service expenses 101,687. Management and general expenses 88,663. Fundraising expenses 0. Total expenses 190,350. Agency nurses: program service expenses 3,470. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,470. Professional fees: program service expenses 1,015,371. Management and general expenses 640,796. Fundraising expenses 0. Total expenses 1,656,167. Ambulance services: program service expenses 24,228. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,228.”

“Refunded payroll taxes 2,819. Springwell partners, llc 1,187,246. Investment in brinton woods senior living, llc -146,456. Investment in brinton woods health care center, llc 99,869.”

“This process has not changed from the prior year.”