Tennessee Health Care Association

“The organization has members which consist of various nursing home organizations in associated industries”

“Upon completion of the 990 by our accounting firm, the 990 is first reviewed by the director of finance & administration. If no changes are required or required changes are complete, the 990 is passed on to the executive director for review and comment. After all changes and/or questions have been resolved, the approved 990 will be presented to the board of directors at a quarterly board meeting for their review and comment. Any changes and/or questions will be recorded for resolution. At the board meeting, a motion to approve the 990 plus any amendments will be made and a vote taken following any discussion. After all changes and/or questions have been resolved, the board approved 990 will be electronically signed, dated, and electronically filed with the internal revenue service.”

“The conflict of interest policy consists of four (4) parts. Part (1) defines the conflicts of interest, part (2) defines persons covered by the policy,part (3) defines how, when and to whom disclosures will be made and part (4) specifies procedures to be followed in managing conflicts.”

“The policy on the process for determining compensation includes three elements. The first states review and approval will be by the thca executive committee. Data regarding comparable compensation gathered from similarly situated organizations is to be used in the review and approval process. Finally, there is to be contemporaneous documentation and recordkeeping with respect to the deliberations and decisions made.”

“This information is available upon request and through public websites for tax exempt organizations.”