Eskaton Village-Grass Valley

“Eskaton properties, inc. Performs the organization's management duties through common officers and key employees.”

“The organization has one corporate member with the power to appoint all directors other than the president of the corporation. As a subsidiary corporation to the corporate member, all of the assets of the organization would be received by the corporate member upon dissolution.”

“The organization's sole corporate member has the power to appoint all directors other than the president of the corporation.”

“Data to prepare the 990 is gathered by the lead accountant. The return is prepared by a professional accounting firm and reviewed by the director of finance and the cfo. The final 990 is signed by the cfo.”

“Officers and directors are required to annually disclose their potential conflicts of interest. Directors abstain from voting and do not participate in discussion of board actions related to potential conflicts of interest.”

“Compensation of the ceo is determined by a compensation committee of the board of directors. The compensation committee utilizes the services of a professional compensation consultant that provides data from a wide range of comparable organizations. For the coo, cfo, and other highly compensated employees, compensation is determined by the ceo based on annual (coo and cfo) or periodic (other highly compensated employees) recommendations from a professional compensation consultant utilizing data from comparable organizations. This process is performed annually. The last review was november 2014.”

“Eskaton village grass valley's governing documents and conflict of interest policy are not routinely available to the public. The eskaton village grass valley financial statements are available to the public through guidestar and upon request.”

“Tax-exempt bond liability is an allocated portion of a $48,600,000 bond. The required supplemental information is reported on eskaton properties, inc's (94-2906316) form 990, schedule k.”