Liberty Place Inc.

“The cpa provides us with an electronic and paper document prior to filing. The executive director ensures that each member of the board receives the documentation prior to the board meeting. There is opportunity given during the board meeting for discussion.”

“Director and officer annual conflict of interest statements are submitted and signed each year at the organization's annual retreat and affirm that the individual has received, read, understands and will comply with the conflict of interest policy and discloses the nature of the conflict, any financial interest and affirms their independent status. All director and officer annual conflict of interest statements are reviewed by the executive director, who informs the executive committee if there is a potential conflict. The executive committee makes the determination whether the transaction or arrangement is in the corporation's best interest.”

“Annual performance reviews for the executive director are conducted by the board president with input from other board members. Compensation is then determined based on the results of the performance review and the ability of the organization to pay an adequate wage. The compensation amount is approved by all board members. All other wages are determined by the executive director and involved managers. The board of directors is the only one authorized for across-the-board wage changes. This happens when the change is budgeted and requested by the executive director.”

“The corporate office is located at 313 w. Legion street, whitehall, mt. All public records are kept at that location, in the front receiving area. The reception staff are trained to provide the public opportunity to view the documents at this location upon request. The 990 is also available on guidestar.”

“All governing documents, policies and financial statements are available at 313 w. Legion street, whitehall, montana and can be viewed upon request.”

“2020 was a challenging year due to the covid-19 pandemic. Operations were altered in almost every way. Our residents were no longer able to participate in the greater community. We had outbreaks in each facility, creating increased isolation for those we serve. There was also an increase in our daily bed rate. Our transportation program was hugely impacted by the pandemic. For the better part of the year, the usual riders (senior citizens and people with disabilities) were observing quarantine or closed programs in the community (such as the senior center). Their operations were greatly narrowed down. The residential services/programs were impacted as noted above. Our facilities are all licensed as assited living and we continue to observe the restrictions as outlined by the cdc. No personnel were laid off in any department. We did have a decline in the number of admissions and bed days occupied.”