Fpcrc Inc D/B/A Laurel Crest Retirement Cntr

“The organization has a management and marketing services agreement with life care services, llc, an independent management company, to operate and manage the facility.”

“Form 990 is reviewed by the board treasurer and distributed to all board members prior to filing.”

“The board of directors reviews the conflict of interest statements on an annual basis. In the event of a conflict of interest, the person with the conflict would not be involved with any votes that are related to the conflict.”

“The executive director is employed by the management company (per part vi, section a, line 3). The management company assists fpcrc with determining the appropriate salary based on industry information. The management company expertise is in employing executive directors to run the communities managed by them. The salaries are based upon size of community and industry average for this position. The fpcrc board would then approves the salary based upon the management agreement.”

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

“Other: program service expenses 2,910. Management and general expenses 27,298. Fundraising expenses 0. Total expenses 30,208. Telephone: program service expenses 0. Management and general expenses 20,163. Fundraising expenses 0. Total expenses 20,163. Transportation: program service expenses 19,203. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,203. Licenses and fees: program service expenses 6,640. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,640. Bank charges: program service expenses 2,592. Management and general expenses 289. Fundraising expenses 0. Total expenses 2,881. Postage and printing: program service expenses 0. Management and general expenses 2,799. Fundraising expenses 0. Total expenses 2,799.”

“The board of directors oversees the audit process.”