Ring House Corporation

“Hebrew Home of Greater Washington, Inc. (53-0196508) is the sole member corporation and the directors are elected by the sole member.”

“Hebrew Home of Greater Washington, Inc. (53-0196508) is the sole member corporation and the directors are elected by the sole member.”

“The following occurs prior to filing Form 990, including all supplemental forms and schedules, (collectively the Form) with the IRS. The CFO reviews the Form in its entirety. The Controller reviews the Form to reconcile amounts and numerical disclosures to the audited financial statements. The CFO reviews the Form, including significant highlights, with the CEO. Prior to being filed the complete Form is made available for review by the Board of Governors/Directors via email or at the meeting immediately preceding the filing of the Form with the IRS. Upon completion of the aforementioned reviews, the CFO signs the Form and authorizes the Form for filing.”

“Any contract or other transaction between Charles E. Smith Life Communities, Hebrew Home of Greater Washington, Inc. or subsidiary entities and one or more of its directors/governors, officers, or employees, or between the organization and any other corporation, firm, association, or other entity in which one or more of the organization's directors/governors, officers, or employees are directors/governors, officers, employees, or have a substantial financial interest, shall be void, unless each of the following conditions are met: 1) The relevant and material facts of such officer, director/governor, or employee's interest in such contract or transaction are fully disclosed in good faith, and in advance, to the Board of Governors; 2) The interested director/governor, officer, or employee has, in the judgment of the board,fully met the burden of proof that the contract or other transaction is fair and reasonable to Charles E. Smith Life Communities, Hebrew Home of Greater Washington, Inc. or subsidiary entities.Annually every member of the Board of Governors and the Boards of subsidiary entities, along with management level staff are required to complete a conflict of interest statement.”

“The Board of Governors established the Executive Compensation Committee to set and monitor all executive compensation, including the pay of the President/CEO. The Executive Compensation Committee consists of the Board Chair, Immediate Past Chair, Chair Elect and one other member appointed by the Board Chair. To ensure market competitiveness, the Executive Compensation Committee periodically uses a national consultant specializing in compensation to review the CESLC Executive salaries/benefits package. Adjustments are made, if necessary, based on experience, tenure, qualifications, etc. Annual increases are given based on individual performance and organizational budget parameters.”

“If governing documents (Articles of Incorporation, Bylaws, etc), tax returns, conflict of interest policy and financial statements are subject to the Federal Public Disclosure Rules, these documents will be made publicly available by on site review or through electronic media.”

“Average hours per week listed for all Board Members and Officers for this Organization and Related Organizations represent time spent performing duties related to the position listed for each individual.”