Kin on Health Care Center

“The board of directors has an executive committee consisting of the officers of the board, the chairs of the other standing committees, and, if applicable, the co-chairs of the other standing committees. The executive committee has all of the authority of the board to act on behalf of the organization and to manage the operations and affairs of the organization, except that the executive committee does not have authority to: 1. Amend, alter or repeal the bylaws; 2. Elect, appoint or remove any member of the executive committee; 3. Elect, appoint or remove any board member or officer; 4. Adopt a plan of merger or a plan of consolidation with another organization; 5. Amend the articles of incorporation; 6. Authorize the lease or exchange of all or substantially all of the organization's assets not in the ordinary course of business; 7. Authorize the organization's voluntary dissolution or revoke proceedings therefor; 8. Adopt a plan of distribution of the organization's assets; or 9. Amend, alter or repeal any resolution adopted by the board that, by its terms, provides that such resolution cannot be amended, altered or repealed by the executive committee.”

“Under the fiduciary duties of officers, the form 990 was reviewed by the finance director, the ceo and the board treasurer. Before filing, a draft of the form 990 was provided to all board members.”

“The organization has a conflict of interest policy that applies to all officers, directors and key employees. Each covered individual is required to complete a conflict of interest disclosure form when joining the organization and annually thereafter. Under the conflict of interest policy, each covered individual must disclose any conflicts of interest related to a transaction before any action is taken with respect to the transaction. If it isn't clear whether a conflict exists, the executive committee makes the determination. The conflicted individual is not allowed to be present for any discussions or votes related to the transaction. The organization may investigate alternative transactions that would not involve a conflict of interest. If the executive committee has reasonable cause to believe a covered individual has failed to disclose actual or possible conflicts of interest, it informs the individual of the basis for such belief and affords them an opportunity to explain the alleged failure to disclose. If, after hearing the individual's response and after making further investigation as warranted by the circumstances, the executive committee determines the individual has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary and corrective action.”

“The ceo's compensation is evaluated and determined by the board of directors annually. The ceo's compensation was determined based on compensation paid for the same position at similar organizations in our local market. The compensation review process last included comparability data, review and approval by independent persons, and contemporaneous substantiation in 2024.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“The authority and process for selecting the financial statement auditor and for overseeing the financial statement audit did not change during the year.”