La Vida Llena

“The LVL Board may have Advisory Committees, each of which shall have a Resident Facilitator, the relevant Department Director, up to six Resident members and at least one LVL Board Director. Each committee, to the extent provided in a resolution of the LVL Board, in the Articles of Incorporation, or in the bylaws of the LVL Board, shall have and exercise all the authority of the LVL Board. The designation of any such committee and the delegation thereto of authority shall not operate to relieve the LVL Board, or any member thereof, of any responsibility imposed by law. The Committees shall report to the LVL Board at regular meetings of the LVL Board.”

“Haverland Carter Lifestyle Group, a 501(c)(3), is the sole member.”

“The organizations nominating committee elects members of the board. It is the committee's intent, when possible that at least (8) of the directors at any given time shall be individuals who are members of the demominations representing the four founding churches: united methodist church of america, presbyterian church usa, episcopal church in the us and the evangelical lutheran church of america.”

“Haverland Carter Lifestyle Group, as the sole member, retains the rights to all business decisions greater than $10,000.”

“A copy of the IRS Form 990 will be made available upon request. The form 990 was reviewed by the organization's board which was documented in the board's most recent meeting minutes and approved by the executive committee of Haverland Carter Lifestyle Group at their board meeting prior to being filed.”

“Each year the directors on the board and organization officers complete a conflict of interest statement. New employees are required to complete a conflict of interest statement at the new hire orientation. If a conflict of interest situation that would involve a board member, officer, or key employee is contemplated, the Executive/Financial committee of the Board of Directors is informed and the committee then decides if a conflict exists. If a conflict does exist, it is then voted on by the Board of Directors.”

“The executive committee which is composed of hclg board members with no conflicts of interest with respect to these compensation arrangements determines the ceo and cfo salary based on the continuing care accreditation commission's continuing care retirement community salary guidelines. In 2016 the hclg board chair requested hr conduct a compensation review on the hclg ceo position. Hr used salary benchmarks obtained through www.guidestar.org from similarly sized ccrc communites, and from www.nonprofittimes.com. The data was provided to hclg board for review and recommendation. The hclg board met to review data and factors such as individual and organizational performance, and organizational resources and needs. The hclg board determined a new salary and communicated it to hr verbally. Hr outlined the hclg board directions in email and sent it to the hclg board chair for final verification and the new compensation was communicated to the hclg board via email. There is contemporaneous documentation and recordkeeping for the deliberations and decisions made regarding these compensation arrangements.”

“Although not required, the Organization provides copies of it governing documents,conflict of interest policy, and financial statements to all who request one or more of the above items.”

“Net Assets transferred to affiliate -950,007.”

“The process is consistent with prior years.”

“2019 bonds were issued by the parent entity, Haverland Carter Lifestyle Group”