Hale Ola Kino by Arcadia

“Arcadia community services is the sole member of the organization.”

“Board of directors are elected by arcadia community services.”

“A complete form 990 is provided to each member of the finance committee of the board of directors for review prior to filing.”

“The organization has conflict of interest policies which cover officers, directors, and key employees of all entities under the arcadia family of companies. An interested person must disclose the existence of any actual or possible conflict of interest and all material facts to the governing board. The remaining board members shall discuss and determine if a conflict of interest exists. If a conflict exists, the disinterested board members must exercise due diligence and determine by a majority vote whether the transaction or arrangement is in the organization's best interest, and determine whether to enter into the transaction or arrangement. The interested person is prohibited from participating in the board's deliberations and decisions in the transaction. In addition, the conflict disclosure request to board members is conducted annually. For employees, potential and actual conflicts of interest must immediately be disclosed to employee's immediate supervisor or department director/manager.”

“The salary and compensation of the ceo is recommended by the executive committee of the board and then reviewed and voted upon by the full board. The salary and compensation of other management employees are set by management under the direction of the ceo, which is not specifically reviewed by the board. In determining compensation, management, in part, relies on the findings of the human resources department in reviewing compensation of local businesses (as provided by the hawaii employer's council) and local and national compensation studies for continuing care retirement communities, general healthcare, hospitality, and other industries. The compensation analysis and supporting data are prepared at least annually and maintained by human resources. Compensation for all employees in the family of companies is part of the annual budgets prepared for the companies and approved by the boards. The compensation analysis is also updated during the year as updated compensation surveys and industry data is obtained. The analyses are presented to the compensation committee which is made up of some of the executive leadership team members.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”