Lee Bivins Foundation

“Mark bivins julie bivins vice chair director brother/sister in-law”

“The 990 is made available to the full board of directors, particularly to the executive committee & the finance / audit committee members. We make it available in our offices for perusal at board members convenience. We will also present the 990 at our next regularly scheduled board & committee meetings.”

“We have a conflict of interest policy in our bylaws. The current procedures mirror our whistleblower procedures, which we conduct on an annual and on-going basis to insure 100% compliance.”

“The organization contracts with an hr consulting firm, on a scheduled basis, to conduct comprehensive salary & benefits surveys for executive & key staff positions within our entire organization. Appropriate positions and benefits are surveyed against both local and state organizations of similar makeup & function. We use these results to adjust salaries & benefits to existing norms, and also to give consideration to salary caps on some positions. All positions are within the salary and benefits norm for our area & state.”

“The organization contracts with an hr consulting firm, on a scheduled basis, to conduct comprehensive salary & benefits surveys for executive & key staff positions within our entire organization. Appropriate positions and benefits are surveyed against both local and state organizations of similar makeup & function. We use these results to adjust salaries & benefits to existing norms, and also to give consideration to salary caps on some positions. All positions are within the salary and benefits norm for our area & state.”

“All of our governing documents, conflict of interest & whistleblower policies, financial statements, 990s, etcare available to the general public, upon request, through our corporate office at 2311 west 16th avenue, amarillo, texas, 79102.”

“On april 25, 2024, the long-lived assets held for sale and other assets included in property and equipment were sold to an unrelated third party for approximately 1,489,000 in cash proceeds. A gain of approximately 278,000 was recognized on those disposals for book purposes and a loss of 2,462,467 for tax purposes, the difference of which is due to an impairment loss of 2,740,818 recognized for book purposes in past years.”

“To build, establish and maintain in the city of amarillo, texas, or in the vicinity thereof, either in potter or randall counties, a home or homes for worthy, aged and needy persons, and to operate such homes, expand, build or rebuild any such homes and to do each and everything whatsoever necessary, requisite or incident thereto. Preference shall be given in admission to said homes to those who have lived and practiced the christian religion. The purposes stated in this subsection shall be deemed the primary purpose of the corporation and the maintenance and operation of said homes shall at all times have preference in the use of income and/or corpus of property belonging to the corporation or held in trust for it.”

“Previously through may 1, 2021, the foundation operated bivins pointe, which facility and operations provided high quality healthcare for senior adults in the northern 26 counties of the texas panhandle, regardless of income, including private rooms with private baths. The support of skilled nursing care was the foundation's primary financial focus. However effective may 1, 2021, the organization ceased all operations of bivins pointe and transitioned its facilities through an in-kind long- term operating lease to the cenikor foundation, an unrelated third party tax-exempt organization. Cenikor provides a comprehensive range of evidence-based addiction recovery programs designed to support individuals at every stage of their substance use disorder recovery journey.”

“In-kind revenue cenikor 1,093,804 transfer to mary e bivins foundation -460,550 total 633,254”