Kahala Nui Senior Living Foundation

“Most employee services, including management services, are provided by kahala nui senior living, a related organization.”

“The organization's sole member is kahala nui senior living.”

“All board members are elected by kahala nui senior living, the sole member.”

“The sole member, kahala nui senior living, has the power to amend the organization's articles or bylaws.”

“The form 990 was reviewed by the cfo and ceo prior to board review. Upon their approval, the form was submitted to the audit committee of the kahala nui senior living board of directors. After the audit committee's review, the form 990 was reviewed by the board of directors with a recommendation from the audit committee to approve the form 990. If the board of directors had any comments, questions, or suggestions, these were considered prior to filing. After all issues were addressed, the draft was finalized and filed by the organization's accountants.”

“By signing an annual conflict of interest statement, all officers, directors, or trustees and key employees are required to disclose whether they have conflicts of interest in regards to the organization. No member of the board of directors shall participate in any discussion or vote on any matter in which he or she or a member of his or her immdiate family has a potential conflict of interest due to having material economic involvement regarding the matter being discussed. When such a situation presents itself, the director must announce his or her potential conflict, disqualify himself or herself, and be excused from the meeting until discussion is over on the matter involved.”

“In the organization's determination of the president/ceo's compensation, its board of directors reviewed the qualifications of the president/ceo using industry-related information gathered by an independent third-party executive compensation consultant and internal salaries management personnel. In 2022, the process included comparability data, review and approval by independent persons, and contemporaneous substantiation. The compensation of other officers is reviewed and approved by the president/ceo, using industry-related information provided by an independent third-party executive compensation consultant. In 2022, the process included comparability data and contemporaneous substantiation.”

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

“Purchased services: program service expenses 633,267. Management and general expenses 0. Fundraising expenses 0. Total expenses 633,267.”

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