Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
THE ORGANIZATION DELEGATES MANAGEMENT TO PACIFIC RETIREMENT SERVICES. |
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
The sponsoring organization, Pacific Retirement Services, Inc., is the sole member of the organization. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
THE sponsoring ORGANIZATION, PACIFIC RETIREMENT SERVICES, APPOINTS BOARD MEMBERS TO THE BOARD. |
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
The Articles of Incorporation may not be amended without the prior written approval of Housing and Urban Development. |
Form 990, Part VI, Line 11b: Form 990 Review Process |
THE FORM 990 IS REVIEWED BY management and provided to THE BOARD before filing with the IRS. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
THE CONFLICT OF INTEREST POLICY AND QUESTIONNARIRE ARE SENT TO ALL BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY. THERE ARE TWO POLICIES RELATED TO CONFLICTS OF INTEREST: 1. BOARD OF DIRECTORS; 2. KEY EMPLOYEES, WHICH IDENTIFY THE PURPOSE, DEFINITIONS, AND PROCEDURES. IF A CONFLICT IS SELF-IDENTIFIED BY A BOARD MEMBER OR KEY EMPLOYEE IN THE QUESTIONNAIRE AND/OR MEETING, PROCEDURES ARE FOLLOWED AND DOCUMENTED ACCORDING TO THE POLICY. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
A COMPENSATION COMMITTEE OF THE PRS BOARD EXISTS TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR OF EACH COMMUNITY. THIS COMMITTEE IS COMPRISED OF THE OFFICERS OF THE PRS BOARD OF DIRECTORS. THE COMMITTEE HAS A CHARTER THAT OUTLINES ITS DUTIES AND RESPONSIBILITIES. IT ALSO HAS AGENDA ELEMENTS THAT DESCRIBE THE ACTIVITIES THAT THE COMMITTEE UNDERTAKES DURING THE YEAR. THE VICE PRESIDENT OF HUMAN RESOURCES PROVIDED SALARY STUDIES FROM THE FOLLOWING RESOURCES TO THE COMMITTEE RELATIVE TO EXECUTIVE DIRECTOR COMPENSATION: SALARY.COM, PAYSCALE.COM, 990 REVIEWS (LIKE SIZE ORGANIZATIONS), CEMO (CHIEF EXECUTIVE OFFICERS OF MULTI-FACILITY ORGANIZATIONS) SALARY STUDY RESULTS, AND INDUSTRY STATE ASSOCIATION SALARY STUDY RESULTS BASED ON GEOGRAPHICAL LOCATION. THE RECOMMENDATION FOR BASE COMPENSATION AND BONUS ARE PROVIDED BY THE IMMEDIATE SUPERVISOR, BASED ON STUDY FINDING AND PERFORMANCE FACTORS. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
ALL REQUESTS GO THROUGH THE CORPORATE COUNSEL. |