Fsl Programs Inc

“Fsl programs pays fsl management, an affiliate, a management fee. These services include, but are not limited to, financial, human resources, and risk management oversight.”

“The sole member of this organization is foundation for senior living.”

“The directors shall be appointed by the foundation for senior living. Directors may be removed at any time without cause by the foundation for senior living.”

“Fsl programs does not have a committee with authority to act on behalf of the governing body.”

“The controller of the foundation for senior living, inc. (fsl), will review the return prior to being submitted to the governing board. The return will also be provided to the fsl board of directors.”

“Everyone on the boards of directors of foundation for senior living (fsl) and its affiliates, and all employees of fsl and its affiliates, are covered under the policy. Any conflicts of interest at the fsl level are discussed and resolved by the fsl board of directors. Any conflicts of interest relating to any of the other fsl affiliate entities are discussed and resolved either by the fsl board of directors, or by the affiliated entity's board of directors. All potential conflicts of interest, regardless of how small or insignificant, are to be reported to the president of the board of directors (or committee chair) prior to engaging in a potential conflict of interest board or committee action. The president will ask the board of directors to make a decision as to whether the relationship is an appropriate one for fsl. The board member declaring the conflict will have no vote on the matter. Moreover, the person having a conflict of interest shall retire from the room in which the board (or its committee) is meeting and shall not participate in the final deliberation regarding the matter under consideration. However, the person shall be permitted to provide the board or committee with any and all relevant information prior to leaving the meeting.”

“The ceo is compensated by fsl management for services provided to fsl and its related organizations. The compensation is approved by the governing board of fsl. On an annual basis, they are provided with comparability data/compensation studies to determine the compensation. Other officers and directors are provided compensation from fsl management for their services as employees of fsl management, and not for their services as board members of the filing organization. Their compensation is approved by the president.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“In july 2020, the care by design team was contracted by wildfire to manage and distribute cares act, era, and heaf funds to provide mortgage, rent and utility assistance for those who experienced financial hardships caused by the covid-19 pandemic. Through june 30, 2021, this team distributed $2,942,741. The care by design team added two temporary care coordinator positions to adequately address the workload challenges associated with the cares and era grants.”

“The covid-19 pandemic forced our centers to close april 1, 2020 due to a significant drop in census as community members chose to remain at home to prevent risk of contracting the virus. From july 1st - september 15th, this program billed $0 revenue as programming contined through virtual engagements. Using grant funds received the previous fiscal year, fsl's adhs team created original youtube content featuring everything from cooking classes and gardening to chair exercises and virtual hiking adventures. Additionally, activity kits and weekly newsletters were provided to all clients to provide stimulations, combat isolation, and support family caregivers. Though the three centers reopened september 15th, low census and staffing challenges required us to consolidate services to one center, again closing the other two. The east valley and west valley centers remained closed throughout the remainder of the fiscal year, significantly impacting billable revenues in this program.”

“Transfers to affiliates -473,545.”

“The process has not changed from the prior year.”

“During the year ended june 30, 2021, management discovered that a donation received for in-kind facility space valued at $561,678 was received during the year ended june 30, 2020, but was not recorded. At june 30, 2020, net assets with donor restrictions and promises to give were both understated by $545,281, which represents the in-kind facility space to be received in future years.”