Palolo Chinese Home

“Patricia blanchette, md is a director and is also the medical director for palolo chinese home. She is compensated for her work as medical director but her position on the board is voluntary. She recuses herself during board meetings on issues that may cause a potential conflict of interest (only when it relates to her duties as medical director).”

“The executive committee is comprised of the chief executive officer, the officers of the board, the immediate past president, and one other director elected by the board of directors. All actions taken by the executive committee are subject to ratification by the board of directors. A majority of the members of the executive committee constitues a quorum to transact business, and the majority approval of such quorum on any matter is deemed valid and binding.”

“The director of finance and business operations reviewed the form 990. The executive committee of the board reviewed the form 990 and upon approval made a recommendation to the board of directors for final approval. The board of directors reviewed and approved the form 990 before it was filed.”

“Palolo chinese home has a written conflict of interest policy that was created by and for directors and officers of the organization. If it is unclear whether a conflict exists, the determination is made by the officers and board of directors. If a conflict exists, the director or officer abstains from voting on the matter. The board of directors has the authority to remove a board member who knowingly and intentionally does not disclose a conflict of interest. Annual conflict of interest questionnaires are required to be completed and signed by all directors and officers.”

“Palolo chinese home reviews annual compensation adjustments at the executive board meeting by discussing appropriate compensation amounts in light of market comparables. Recommendations are made to the board of directors, who have final approval, as well as approval over any additional or extraordinary compensation. This process was last completed in 2020.”

“Palolo chinese home's organizing documents, conflict of interest policy, and financial statements are available to the public upon request. Palolo chinese home publishes an annual report containing financial information. The annual report is available on palolo chinese home's website.”

“Professional fees and contract labor: program service expenses 4,116,248. Management and general expenses 377,416. Fundraising expenses 27,297. Total expenses 4,520,961.”

“ROUNDING ADJUSTMENT -5.”