Buckingham'S Choice Inc

“The executive committee had the authority to transact such business as shall be necessary for the administration and operation of the corporation between board of directors' meetings subject to certain limits specified in the bylaws.”

“Acts management services, inc., an affiliated entity, provided management services to buckingham's choice, inc.”

“Effective 3/31/2020, buckingham's choice, inc. Merged into integrace, inc. (ein 52-1710891) as an operating division. See schedule n for the distribution of assets upon dissolution.”

“Buckingham's choice, inc. Was a maryland tax-exempt organization of which integrace, inc., a related maryland tax-exempt organization, was the sole member. Effective 4/1/2019, integrace, inc. And its subsidiaries affiliated with acts retirement-life communities, inc., a related pennsylvania tax-exempt organization. Acts retirement-life communities, inc., through its wholly owned subsidiary acts acquisition company, llc, became the sole member of integrace, inc. Effective 4/1/2019. Effective 3/31/2020, buckingham's choice, inc. Merged into integrace, inc. (ein 52-1710891) as an operating division.”

“Integrace, inc., a related maryland tax-exempt organization, was the sole member of buckingham's choice, inc. As sole member, it had the right to elect the members of the organization's board. Effective 3/31/2020, buckingham's choice, inc. Merged into integrace, inc. (ein 52-1710891) as an operating division.”

“Integrace, inc., a related maryland tax-exempt organization, was the sole member of buckingham's choice, inc. As sole member, it had the right to amend the organization's articles of incorporation and bylaws. Effective 3/31/2020, buckingham's choice, inc. Merged into integrace, inc. (ein 52-1710891) as an operating division.”

“After review by the acts' cfo and ceo, the form 990 is reviewed, before filing, by the acts board of directors' audit committee, which includes three certified public accountants. The form 990 is then provided to the other members of the buckingham's choice, inc. Governing body before filing.”

“A conflict of interest questionnaire is completed on an annual basis by the organization's officers, directors and trustees. The officers and directors report on any family or business relationships with any board member, officer or key employee of the organization and its affiliates. If any family or business relationships are disclosed, they are reported on schedule l as appropriate. In addition, the responses are reviewed by the president & ceo, and chairman of the board of directors to determine if conflicts are present and if so, the extent of the conflict. For conflicts that arise, the officer, director or trustee must recuse themselves from participating in deliberations and decisions that involve the determined conflict.”

“It has been the practice of the management company, acts management services, inc., to utilize an independent compensation consultant on an approximately biennial basis for the purpose of reviewing the compensation program for the organization's top management positions, ranging from the community managers up to the ceo. The study, the latest version of which was completed in 2018, includes comparison of not-for-profit and for-profit competitors, operating effectiveness, and identification of industry specific trends or practices in compensation or recruitment/employment. Measurement and action are generally focused at the median and slightly above in accordance with levels identified in the study. The reports'findings are reviewed with the parent board officers. Compensation adjustments for the president & ceo are determined by a committee of independent board members appointed by the chairman and are based on the findings of the most recent study and a review of performance compared against objective criteria. This determination is reported to and approved by the board of directors and is documented in writing by the board chair. Similarly, compensation adjustments for the most senior members of management reflect study findings and performance measurement against specified criteria and are determined by the ceo and reviewed with the board chair.”

“The organization's governing documents and conflict of interest policies are filed with numerous regulatory authorities and therefore, are available to the public. In addition, upon receipt of a request and its review, the organization will make available such documents, as deemed appropriate. Audited financial statements are made available to the public. Certain financial statements, such as annual reports and quarterly reports, are posted to the organization's website and are also available at the community. Certain other financial statements are also provided upon request.”

“Other compensation includes accruals for a deferred supplemental executive retirement plan for karen i. Christiansen (non-vested) and gerald t. Grant (non-vested).”

“Effective 3/31/2020, buckingham's choice, inc. Merged into integrace, inc. (ein 52-1710891) as an operating division.”

“Consultants: program service expenses 559,577. Management and general expenses 3,153. Fundraising expenses 0. Total expenses 562,730. Lab expense: program service expenses 3,901. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,901. Maintenance contracts: program service expenses 75,192. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,192. Occupational therapy: program service expenses 68,635. Management and general expenses 0. Fundraising expenses 0. Total expenses 68,635. Other fees: program service expenses 67,763. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,763. Outside services: program service expenses 15,299. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,299. Physical therapy: program service expenses 85,346. Management and general expenses 0. Fundraising expenses 0. Total expenses 85,346. Speech therapy: program service expenses 16,784. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,784.”

“Transfer of net assets to affiliated organization -3,138,882.”

“The process for the parent organization's audit committee oversight of the annual audit of its financial statements and those of its affiliates has not changed from the prior year.”