Charlestown Benevolent Care

“Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? Charlestown community, inc. Has the right to appoint and elect all directors.”

“Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? Certain extraordinary actions of the corporation require the approval of the member under applicable state law.”

“Has the organization provided a complete copy of this form 990 to all members of its governing body before filing the form? The audit committee of the cci board has the responsibility to review the form 990 prior to its filing or to designate another board member to review the form. The full board is given the opportunity to review the form 990 before it is filed and ask questions of the audit committee or the reviewer regarding the form. The board chair designates an officer to sign form 990.”

“Did the organization regularly and consistently monitor and enforce compliance with the policy? Charlestown benevolent care foundation, inc.'s conflict of interest policy covers all directors, officers, key employees, employees and volunteers in a position to exercise substantial influence over charlestown benevolent care foundation, inc.'s affairs, committee members, prospective directors, and senior staff providing services to the organization under a management agreement. Each covered person completes a conflict of interest disclosure statement annually and as potential conflicts arise during the year. These statements are reviewed by the board chair. If the conflict involves a covered employee, the chair determines whether a conflict exists and, if so, how it is to be handled, or the chair may refer the matter to the board of directors for consideration. For all other conflicts, the board of directors or a committee of disinterested directors will determine whether a conflict actually exists. A covered person may not participate in any discussion or debate by the board but may answer questions or provide clarifying information unless any board member objects.”

“Did the process for determining compensation of the organization's ceo, executive director, or top management official, or other officers or key employees, include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? Reference to directors is the management directors, not the board of directors. The cci board has approved a directors' compensation policy which establishes the process by which all director compensation is determined. Board members serve without compensation. A review of the management directors' compensation is conducted each fiscal year. Compensation is approached on an overall basis and the total value of all forms of compensation is established and monitored. Erickson senior living, llc (esl) establishes benchmark data for all positions within each department. Various market surveys are used in analyzing and determining compensation. In addition, geographical differentials are taken into account in determining compensation. Market surveys used include both for-profit and not-for-profit peers. An independent compensation consultant is periodically retained to perform an analysis of charlestown's compensation. The governance committee of the cci board considers all of the above data in reviewing and approving compensation. The governance committee is a subcommittee of the cci board and is comprised of members of the cci board. This subcommittee is delegated with certain detailed review tasks including this detailed review of compensation. After reviewing and approving compensation, the governance committee then makes a recommendation to the cci board of directors as to appropriate compensation. If requested, the cci board has access to all of the compensation data above and can ask questions of management and the governance committee. The cci board reviews and votes on the final compensation recommendation as part of the budget approval process.”

“Describe whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. The governing documents, conflict of interest policy, and the financial statements are available upon request at the executive director's office for the same period of disclosure as set forth in section 6104(d).”

“Split interest agreement 12,281.”

“Does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? The audit committee of the cci board oversees the financial statement audit process as well as the selection of an independent accountant that audited the financial statements. The process has been consistent with prior years.”

“Briefly describe the organization's mission statement: the foundation is operated exclusively for the benefit and support of charlestown community, inc., an organization exempt under irc section 501(c)(3), including, but not limited to, supporting the benevolent care fund created and administered by charlestown community, inc.”