Care Initiatives

“During 2016, director hulon walker and director john k. Smith each held a one quarter interest in the same texas corporation that owned and operated one assisted living facility in texas. That corporation conducted no business with care initiatives.”

“The draft of the annual form 990 is reviewed, prior to filing, by the full board of directors in a regularly scheduled board meeting. Subsequent to filing, a filed copy of the 990 is made available to the board members. Additionally, the filed 990 is published on care's public website.”

“The board of directors and officers are required to read the corporate policy and complete an annual signed certificate regarding the corporate conflict of interest policy. This process is administered by the corporate compliance officer. Additionally, the board and officers receive required annual compliance training, including business practices and conflict of interest, again under the supervision of the compliance officer. The compliance officer also attends each board meeting and serves, along with all board members, to recognize and identify potential conflict of interest events. Identified conflict of interest situations and deliberations, if any, are documented in formal board of director minutes.”

“Care's president/ceo, vp/cfo/treasurer, vp/director of operations, and vp/marketing & hospice have been identified as disqualified persons. Compensation for these positions is determined by independent directors of the compensation committee without the affected parties being present and is subsequently provided to the full board for their action or approval. Formal performance evaluations and documentations of each step in the deliberation process are contained in retained compensation committee reports. The determination of the compensation committee is supported by a 2016 report by qualified independent compensation consultants using appropriate comparability data. The deliberations of the compensation committee and board are contemporaneously recorded in formal meeting minutes that are retained by the organization. Other executive compensation is determined by the president/ceo in consultation with the members of the compensation committee and board of directors. The reports of compensation consultants utilized in the evaluation of compensation levels for the president/ceo, vp/cfo/treasurer, vp/director of operations, and vp/marketing & hospice are reviewed, along with performance evaluations, inflation data and competitive factors, all to establish compensation levels. Compensation changes are documented and retained by the corporation's human resource department. Other management compensation is determined according to long standing personnel policies administered by the corporation's human resources department. The compensation review process described above occurs on an annual basis.”

“Care provides its form 990 on the organization's public website. The organization does not make its governing documents, financial statement, or conflict of interest policy available to the public.”

“Stephen marlow, cfo, retired effective 05/31/2016. David dixon assumed all cfo duties effective 06/01/2016.”

“Care initiatives had 56,479 recorded volunteer hours in 2016. The average volunteer works one hour per week resulting in a calculated number of volunteers of 1,086. Volunteers mainly provide entertainment for, and converse with, residents.”

“Contract services: program service expenses 20,828,914. Management and general expenses 644,349. Fundraising expenses 0. Total expenses 21,473,263.”