Canterbury Towers Inc.

“The board reviews and approves the form 990 before it is filed with the irs. The process is documented in board minutes.”

“All directors, officers and committee members are required to disclose potential conflicts of interest on an annual basis and sign affidavit. Actual conflicts of interest are investigated by an independent person, the board's attorney david shobe. The board's attorney investigates alternatives to the transaction or issue in which the conflict of interest arose. If an alternative cannot be reasonably attained, the individual with the conflict is precluded from voting on matters to which the conflict pertains.”

“Published comparable data is utilized to determine whether compensation paid to top management and key employees is reasonable. All employees receive an annual performance evaluation and compensation review, conducted by an individual who is independent with respect to the compensation being considered. Proposed compensation is documented along with the approved budget. The process for reviewing and approving compensation is documented in the organization's policies and procedures manual.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request. A notice is posted on a centrally located bulletin board to inform the public of the availability of the documents.”

“Consulting: program service expenses 54,260. Management and general expenses 2,770. Fundraising expenses 0. Total expenses 57,030. Plant contract labor: program service expenses 133,542. Management and general expenses 15,155. Fundraising expenses 0. Total expenses 148,697. Director fees & benefits: program service expenses 0. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 3,000. Recruiting: program service expenses 11,278. Management and general expenses 813. Fundraising expenses 0. Total expenses 12,091. Therapy and medical services: program service expenses 620,014. Management and general expenses 0. Fundraising expenses 0. Total expenses 620,014.”

“Oversight of audit: the board of directors has responsibility for oversight of audit and selection of an independent accountant. The process has not changed from the prior year.”