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.”

“Sam zaitz and lisa cook have a family relationship.”

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

“The form 990 is prepared by the independent cpa firm with information provided by management . When preparation is completed and a draft is available the controller and ceo reviewed the form 990, after which the finance committee reviewed and approved the form 990. 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 and the executive committee acts as the compensation committee for the board. The compensation committee considers several factors, such as the complexity and diversity of responsibilities of the ceo's position (regulatory, financial, operations, quality, community relations, foundation development, etc.), social security administration cost of living adjustment, the association of jewish aging service compensation survey, and the continuous employment agreement between the organization and the ceo. Based upon these factors, a mutally agreeable compensation amount is determined by the compensation committee and the ceo. 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. On an annual basis, 360 degree feedback is also considered in compensation-setting process. The organization does not have any other officers or key employees; however, it does have a process to determine reasonable compensation for its employees that was completed in 2020.”

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

“Contract services: program service expenses 2,290,279. Management and general expenses 94,404. Fundraising expenses 334. Total expenses 2,385,017.”

“The process for oversight and selection of an independent account has not changed from the prior year.”