Florida Presbyterian Homes Inc.

“The form 990 is presented to the board of directors of florida presbyterian homes, inc. At one of their quarterly board meetings. The form 990 is approved by the board of directors, prior to being submitted to the internal revenue service.”

“Board members and key employees certify that they have and will declare any conflict of interest, be it real, potential or apparent, which is not immediately obvious with regard to any matter within his/her area of responsibility. Board members and key employees shall affirm their compliance annually. For board members, disclosure statements are provided to the executive director. For employees (i.e., managers and supervisors, etc.), disclosure statements are provided to the executive director. In the case of the executive director, disclosure statements are provided to the chair of the board. The chair of the board, together with the executive director, shall ensure that the implementation of this policy will be fair, just and equitable in all situations. The officers of the corporation are responsible for the immediate interpretation of a board member's or the executive director's conflict of interest. The executive director is responsible for the immediate interpretation of a key employee's conflict of interest. All complaints concerning a possible code of ethics or conflict of interest violation shall be made in writing with a copy provided to the complainant. Penalties imposed for a breach of the code of ethics or non-disclosed conflicts of interest may include, but are not limited to, the following: removal of the director from office by a resolution passed by a vote of two-thirds of the members voting at a called or general meeting for the board of directors, provided that notice of such a proposed resolution is given with the notice calling the meeting; termination of the employee in accordance with current human resources policy.”

“Compensation is determined using comparability data. The executive director's performance is reviewed and compensation is approved by the board of directors on an annual basis. Salaries are reviewed on a bi-annual basis, with the last review being conducted in 2011. In 2011, florida presbyterian homes obtained comparability data from other local ccrcs, etc and also the "continuing care retirement community salary and benefits report 2011-2012", published by the hospital & healthcare compensation service, june 2011. It was determined that all management and supervisor salaries (including the executive director's compensation) were fair and reasonable.”

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

“The volunteers have reported over 22,000 hours of service on campus and an additional 21,000 hours of service off campus during 2013.”

“Changes in value of split-interest agreements 22,230.”

“The board of directors is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements. There was no change in this process from the prior year.”