Brooke Grove Foundation Inc

“The form 990 is reviewed by the president and the director of corporate of finance before filing.”

“Annual disclosures of conflicts of interest are required to be completed. Any director who has an interest in a contract or other transaction presented to the board or a committee thereof for authorization, approval, or ratification shall make a prompt and full disclosure of their interest to the board or committee prior to its acting on such contract or transaction. Such disclosure shall include any relevant and material facts known to such a person about the contract or transaction that might reasonably be construed to be adverse to the corporation's interest. No director shall cast a vote on any matter which has a direct bearing on services to be provided by that director or any organization which such director represents or in which such director has an ownership interest or is otherwise interested or affiliated, which would directly or indirectly financially benefit such director. All such services will be fully disclosed or known to the board members present at the meeting at which such contract shall be authorized. Corporation salaried individuals cannot vote on their own compensation, and compensation decisions will be made by the board of directors or as otherwise provided in the bylaws”

“Compensation determination includes review and approval by the compensation committee of the board of directors.”

“Documents are made available at the administrative offices”

“Contract services: program service expenses 6,923,920. Management and general expenses 371,710. Fundraising expenses 0. Total expenses 7,295,630. Laboratory, radiology and transportation: program service expenses 641,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 641,181. Physician and rehab expenses: program service expenses 2,654,962. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,654,962. Pharmacy: program service expenses 1,378,254. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,378,254.”

“Change in value of interest rate swap agreement -1,055,799.”

“Management asks for the finance committee's permission to do a request for proposal concerning the appointment of the independent auditor. Once granted, management will do a request for proposal and make a recommendation back to the finance committee based on price, value, and experience in the not-for-profit post-acute arena. Once approved, the finance committe will make a recommendation to the board of directors, who makes the final approval.”