Largo Landing Elderly Developments Inc

“Largo landing engaged in a management agreement with s.l. Nusbaum as of april 1, 2017 to provide accounting, human resource, and management oversight for the organization. The organization previously had a management contract with national lutheran communities & services. David digby, the organization's administrator, became an employee of s.l. Nusbaum as of april 1, 2017. His salary as an employee for s.l. Nusbaum, while remaining at largo landing as admnistrator, was $81,942.”

“The corporation's bylaws were amended in june 2018. The bylaws were amended mainly for the purpose of clarifying the relationship between the corporation and its parent, fellowship square foundation. Other changes to the bylaws include: minimum number of board members reduced from 5 to 3, clarification and updates on vacancies and time frames, board president to serve as a board member for the parent corporation, and added language to address the dissolution of the corporation.”

“Fellowship square foundation, inc. (ein 52-6067043) is the owner of largo landing elderly developments inc. According to largo landing's by-laws.”

“The fellowship square foundation, inc. Approves many decisions made by the largo board of directors, as outlined in the organization's bylaws.”

“The board is not structured with separate committees.”

“Fellowship square executive staff perform an initial review. Once approved, the finance committee reviews the draft and subsequently the whole board reviews and approves the 990 prior to the return being filed.”

“The organization's conflict of interest policy requires each director and/or officer to annually disclose to the board of directors any actual or potential conflicts of interest. The board of directors (excluding any member which is party to the conflict) is responsible for reviewing the potential conflict and making the determination if an actual conflict of interest exists. Upon knowledge that a conflict was not properly disclosed to the board of directors, appropriate corrective and disciplinary actions shall be taken. Individuals party to any conflicts of interest shall be precluded from voting on any matters associated with the arrangement or transaction involving such conflict.”

“The organization makes its conflict of interest policy, governing documents, and financial statements available upon request.”

“Christina zeitz is the executive director of fellowship square foundation, the parent organization of the filing organization. The executive director has overall responsibility for the organization, however, her time spent on each of the affiliated organizations is variable. Rather than make assumptions about time spent on each organization, all time is reflected at the fellowship square foundation organization.”

“The filing organization does not prepare its own payroll reports. Fellowship square foundation, the common paymaster for the filing organization and affiliates, files all payroll information, such as w-2s, and allocates salaries to the respective organizations' operations as appropriate.”