Americus Voa Elderly Housing Inc

“Michael king, david bowman, thomas turnbull, patrick sheridan, joseph budzynski, nancy gavin, deborah perry, and robin keller have business relations with each other, because they also serve as directors and/or officers of volunteers of america, inc., volunteers of america national services, and/or their related organizations.”

“The organization has no employees, and has delegated control over certain property management duties to a third party management agent pursuant to a property management agreement. Volunteers of america national services, as the parent and sponsoring corporation, assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.”

“Yes. Volunteers of america national services has the right to appoint or approve directors.”

“The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of volunteers of america national services and the secretary of the u.s. Department of housing and urban development. Directors may be removed with or without cause at the request of the u.s. Department of housing and urban development.”

“The final form 990 is reviewed by asset management and an officer of the board of directors prior to filing with the irs.all members of the organizations board of directors and all officers of the board are also provided an opportunity to review the form 990 in electronic form immediately prior to filing.”

“Yes. The policy requires officers, directors and key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event actual or potential conflicts arise. Conflicts of interest are reviewed by the board of directors. Persons with a conflict are prohibited from participating in the governing body's deliberations and decisions in the transaction.”

“Yes. The organization's ceo is not compensated by the organization but is compensated by a related organization, volunteers of america, inc. Volunteers of america's process for determining compensation of the organization's ceo, officers, and key employees includes review and approval by a compensation committee formed of independent members appointed by the board of directors. The compensation committee reviews compensation data with respect to functionally comparable senior management-level positions at organizations similar to volunteers of america in size, geographic location, national presence, industry and other relevant factors, and determines a permissible range of pay between the 50th and 75th percentile of compensation received by comparators. Compensation data is gathered from published survey sources and using the services of an outside compensation consulting firm. This process was most recently undertaken by the organization in january 2012.”

“All governing documents, conflict of interest policies, and financial statements are made available for public inspection upon request. If a request is received, the board is notified and then the requested documents will be rendered to the interested party.”

“The process has not changed from the prior year.”