Riverview Lutheran Retirement Community of Spokane

“The executive committee consists of the officers of the board of directors. The executive committee is authorized to convene if a pressing issue must be addressed between meetings of the board of directors. The executive committee is prohibited from (a) amending the articles or bylaws; (b) electing, appointing or removing any board or committee member or officer; (c) adopting a plan of merger or consolidation with another entity; (d) authorizing the sale, lease or exchange of all or substantially all of the organization's assets; (e) authorizing the organization's dissolution or a plan to distribute the organization's assets; or (f) amending, altering or repealing any board decision that specifically prohibits committee alterations.”

“The organization has "participating congregations" consisting of congregations of lutheran churches in the area commonly known as the "inland northwest", including the northwest intermountain synod of the evangelical lutheran church in america; the northwest district of the lutheran church, missouri synod; and other lutheran or christian churches that have applied for participating congregation status and been accepted by vote of the members. Each participating congregation may appoint two delegates who serve as the members of riverview lutheran retirement community of spokane.”

“The board members are appointed by majority vote of a quorum of the members.”

“Amendments to the bylaws that would modify the term limits of board members require approval of the members.”

“The form 990 was reviewed by the ceo, the vp-finance and the board for accuracy before filing.”

“Riverview's conflict of interest policy applies to board members, officers, administrative staff, and key employees of the organization. Each covered individual is required to review the policy and submit a conflict of interest disclosure annually, except for year 2020 due to covid. If an individual has a conflict, they are required to disclose the possible or actual conflict. The conflicted individual is allowed to remain for discussions, but must recuse themself from voting on the issue. The individual's vote is recorded as an abstention in the meeting minutes.”

“The organization's vp - finance gathers compensation data from various sources, including information from similar sized organizations in the region, and presents the data to the board's executive committee. The committee uses this data to determine the compensation for the ceo and performs an annual performance review with the ceo. The ceo determines the compensation for all other key employees of the organization. This process was last completed in 2020.”

“The organization's annual audited financial statements are available on riverview's website at www.riverviewretirement.org and on the municipal securities rulemaking board (msrb) reporting platform called electronic municipal market access (emma). The governing documents and conflict of interest policy are available upon request.”

“Riverview care center, our skilled nursing facility, was closed as of june 1, 2020. Residents and regulators were notified on march 21, 2020 that the care center would be closed and the last patient was discharged on may 27, 2020.”