South Carolina Baptist Ministries for the Aging Inc.

“There is an Executive Committee of the Board of Trustees composed of at least eight members, including the officers of the corporation and such additional members of the Board as the Board may determine. The committee has all power to act for the full Board of Trustees during the interim periods of the meetings of the Board of Trustees, and all actions and doings of the committee shall be binding on the full Board of Trustees except it may not act inconsistent with a prior act of the Board of Trustees, remove or appoint the President or any other officer, or take any action which has been reserved for the Board.”

“The organization amended thier governing documents to change the number the board of directors to consist of fifteen persons.”

“The governing body of South Carolina Baptist Ministries for the Aging is vested in a Board of Trustees, elected by the South Carolina Baptist Convention in the manner and for the terms prescribed in the charter of the institution, in accordance with the action of the Convention. The South Carolina Baptist Convention is an association of cooperating churches which meets annually for two days to conduct Convention business. Each church that contributes to the Cooperative Program and adheres to the Baptist Faith and Message 2000 is allowed to send a delegation of messengers to the annual meeting. Messengers register in advance and credentials are issued (including voting ballots) to qualified messengers. The Messengers elect the trustees of SC Baptist Ministry for the Aging.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“The Board annually signs conflict of interest statements. The Director of Administrative Services reviews the signed statements. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The President/CEO's compensation is determined by the Executive Board annually, using comparability data. This process, review, and approval is contemporaneously substantiated. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers and does not have any employees that meet the definition of a key employee as defined in the instructions to Form 990. Therefore, line 15b was answered "No" in accordance with the instructions.”

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

“Medical director fee: Program service expenses 65,085. Management and general expenses 0. Fundraising expenses 0. Total expenses 65,085. Dietary contract labor: Program service expenses 748,792. Management and general expenses 0. Fundraising expenses 0. Total expenses 748,792. Physical therapy contract labor: Program service expenses 500,975. Management and general expenses 0. Fundraising expenses 0. Total expenses 500,975. Occupational therapy contract labor: Program service expenses 445,027. Management and general expenses 0. Fundraising expenses 0. Total expenses 445,027. Speech therapy contract labor: Program service expenses 196,886. Management and general expenses 0. Fundraising expenses 0. Total expenses 196,886. Nursing contract labor: Program service expenses 61,329. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,329. Beauty shop contract labor: Program service expenses 39,977. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,977. Nursing consulting: Program service expenses 13,555. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,555. Other services: Program service expenses 9,889. Management and general expenses 130,351. Fundraising expenses 47. Total expenses 140,287.”

“Change in value of split-interest agreement 62,303.”

“This process has not changed since the prior year. The South Carolina Baptist Convention assumes responsibility for oversight of the selection of an independent auditor. The organization has a Budget and Finance committee that assumes responsibility for oversight of the audit of its financial statements.”