Ponce Plaza Inc.

“Joyce galbut, the organization's chief nursing officer, is the wife of william zubkoff, the ceo and president.”

“The controller conducts a comprehensive review of the form 990 and distributes to the governing board before it is filed.”

“The organization's conflicts committee monitors and enforces compliance with the conflict of interest policy annually. The committee reviews actual conflicts that are identified by the annual disclosure process and prohibits officers and directors from voting on matters where actual conflicts of interest exist.”

“The compensation committee determines the compensation and benefits of the chief executive officer and other top management officials. The committee potentially includes the ceo and other top management officials. However, the committee is independent with respect to all compensation related decisions in that committee members refrain from voting on the compensation if a conflict of interest arises. The committee utilizes comparability surveys provided by an independent accountant. The review and approval process is documented in committee meeting minutes.”

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

“All officers, key employees and highest compensated employees, with the exception of desiree sebastian and dalia gonzalez, are compensated by a related organization, hebrew homes management services, inc., and perform services for all entities within the consolidated group.”

“The organization is a subsidiary of hebrew homes health network, inc. Its financial statements were audited on a consolidated basis.”

“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.”