Shalom Park

“The executive committee is composed of the current officers, the past chair(s) and such other members as are appointed by the chair. The executive committee may act on behalf of and in place of the board between regular meetings of the board when reasonably necessary to fulfill the purposes and duties of the board, as determined by the chair, and is responsible for making recommendations to the board of trustees and for such other powers as the board from time to time may prescribe. Actions of the executive committee may be overruled or amended by later action of the board, but any action properly taken by the executive committee shall be binding upon the organization until such later action of the board.”

“The finance committee and executive committee do not keep minutes of their meetings.”

“The controller, ceo and the finance committee reviewed the tax return with the organization's auditor and tax return preparer. The return was then provided to the board of directors for review prior to it being filed.”

“The organization monitors and enforces compliance with the conflict of interest policy through an annual affirmation signed by each trustee. The organization monitors compliance with the policy during the year by inquiring at its board meetings whether any conflicts of interest have arisen since the annual affirmation was signed. An individual with a conflict may not vote on any matter that may involve the conflict of interest.”

“The chair of the board of directors appoints a member of the executive committee to act as the compensation representative for the board. The compensation representative considers several factors, such as the complexity and diversity of responsibilities of the ceo's position (including licensure, regulation, certification, and operation of the skilled nursing facility); initiatives undertaken, in process, or planned; status and progress of the organization; the social security administration cost of living adjustment; the association of jewish aging service compensation survey; management of multiple lines of business; and the continuous employment agreement between the organization and the ceo. Based upon these factors, a mutually agreeable compensation amount is determined by the compensation representative and the ceo. The compensation representative confers with certain members of the board for approval of the compensation agreement. The organization maintains the appropriate documentation of the process through which the compensation amount was set. This compensation-setting process is done on an annual basis. The organization does not have any other officers or key employees; however, it does have a process to determine reasonable compensation for its employees.”

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“Contract services: program service expenses 1,782,417. Management and general expenses 198,545. Fundraising expenses 226. Total expenses 1,981,188.”