Carolina Meadows Home Care Inc

“Carolina meadows senior communities & services, inc. Is the sole member of the organization.”

“Carolina meadows senior communities & services, inc. Elects members of the organization's governing body.”

“Carolina meadows senior communities & services, inc., as sole member of the organization, has the right of final approval on all major board decisions.”

“A draft of the form 990 is presented to the board of directors and approved prior to finalizing and filing the 990 return.”

“The written conflict of interest policy and attestation forms are provided to all board members, including ex-officio members. The same forms are provided to all key staff employees. The attestation forms are collected from the board and key employees in may of each year. They are then reviewed by the board governance committee and ceo for any indications of actual or perceived conflict noted. If none, the attestation forms are accepted and stored. If there were to be any indications of actual or perceived conflict noted, the governance committee would alert the board chair and the actual or perceived conflict would be discussed further with the individual involved to determine if an actual conflict existed. If it is believed an actual conflict exists, then the full board would review the conflict and make a determination how best to resolve the conflict by either accepting the conflict or requiring the member or staff person to cease and desist or face removal from the board or termination from employment if a key staff employee. If a conflict is accepted by the board, a person involved in matters where a conflict exists must recuse himself or herself from board meeting discussions around the conflict or board action taken in regard to the conflict. If a conflict involves a staff person, the staff person would either be reassigned or terminated, pending on the type of conflict and impact to the organization.”

“In determining the ceo's compensation, salary information is compiled by the executive committee of the parent board of directors which serves as the executive compensation committee. The committee uses a variety of comparability and salary survey data from catapult, inc., including the north carolina annual wage and salary survey, the national executive compensation survey, and guidestar executive compensation data. Assessment forms rating the ceo's performance are also completed by members of all affiliate boards. Using the survey data as benchmarks and the compiled assessment data as an indicator of performance measurement, the executive committee recommends to the full parent board for approval of the total ceo compensation within the board established salary range for the ceo position. Based on salary and total compensation data from catapult (formerly capital associated industries), guidestar, the national executive compensation survey, and leadingage survey data, the ceo sets and approves compensation for the coo and cfo positions within established ranges for the organization based on input and review from the parent board. The salary amounts for the ceo, coo, and cfo are further reviewed by the full parent board as a measure of oversight and understanding of total executive compensation for the top executive positions. The process described here was last completed in 2024.”

“Will be available upon request at management offices.”

“Provided in public inspection binder made available upon request. Documents included in the board of directors minutes as well. All governing documents available on request.”

“The process of selecting and overseeing the independent accountant is unchanged from the prior year.”