Keiro Services

“The governing body delegated broad authority to an executive committee, which consists of the following members: 1) gene s. Kanamori, president/ceo 2) thomas iino, cfo/treasurer 3) gerald fukui, secretary 4) lynn miyamoto, esq. , chair 5) makoto nakayama, vice chair.”

“The organization made significant changes to its bylaws during the fiscal year. The election process now entails having all directors elected solely by the keiro services board.”

“Organization's process to review form 990 - the 990 is reviewed by the audit committee, chairpersons and officers. Members discuss relevant matters and ask questions of staff. Once approved, staff are directed to provide copies to all board members prior to filing/submission.”

“Enforcement of conflict of interest policy the organization requires board members and key employees to complete the conflict of interest disclosure on an annual basis. Attestation of receipt of the conflict of interest disclosure is performed by the senior manager of policy & administration. If conflicts of interest are disclosed, board members discuss the impact of such disclosures upon decision making and requires members with the conflicts to abstain themselves. The company has assigned the director of finance & administration to monitor all compliance issues.”

“Compensation process for ceo and key employees: the process for determining compensation of the ceo and key employees occurs in a two step process. The first step includes a meeting of a committee which is made up of independent board members as verified by the completion of conflict of interest disclosures. In this minuted meeting, the committee reviews comparability with current compensation arrangements for key employees. Once a decision is finalized, a recommendation is made to the full board on whether to accept the arrangements or modify them. The full board then votes to accept their recommendation or modify the recommendation. The same independent data sources are utilized for comparability purposes. The ceo goes through an additional level of review with the full board which includes a performance review and compensation review utilizing independent data sources. After the deliberations, the full board makes a determination on the ceo's compensation arrangement. This discussion and any decisions made are contemporaneously minuted.”

“Governing documents disclosure explanation - financial statements are being published in the organization's annual report. Governing documents and conflict of interest policy are available upon request.”

“Them. The organization expanded its reach from a focus on long-term health care facilities to broadly engaging and supporting thousands of japanese american and japanese older adults throughout los angeles, orange, and ventura counties. This strategic change was researched and developed over several years. Due to seniors' increasing desire to age in place at home, decreasing utilization of healthcare facility-based care, rising healthcare costs and greater acculturation within our community, keiro moved from facility-based services where keiro could serve up to 600 people at any time to address the needs of approximately 70,000 japanese american and japanese seniors who have or will have needs. In addition, for each senior who needs support, there are many more family and informal caregivers. Keiro strives to support japanese american and japanese older adults to age with confidence by equipping them with knowledge, resources and assistance so they can effectively manage their lives and wellbeing wherever they call home. Keiro works cooperatively with community partners and agencies to improve the health and circumstances of older adults through the holistic lens of genki living principles. We support older adults who desire to live independently as long as they are able to do so safely. Keiro fosters a sense of community among japanese american and japanese older adults to reduce isolation and educate older adults and their families to make informed decisions and thoughtful plans, including end of life issues. While carrying out this mission, keiro has maintained our core values of respect for the elderly, integrity, compassion, community, stewardship and cultural sensitivity.”

“Transfer of residents' funds held -18,949. Change in value of charitable remainder unitrust agreements -152,542. Change in value of non-cash assets 211. Bad debt provision (recovery) 77,689.”