FORM 990 - ORGANIZATION'S MISSION |
THE ARMY RETIREMENT RESIDENCE SUPPORTING FOUNDATION PROVIDES SUPPORT FOR THE EXCLUSIVE BENEFIT OF THE ARMY RETIREMENT RESIDENCE FOUNDATION SAN ANTONIO. THE SUPPORTING FOUNDATION KEEPS THE CAPITAL ITEMS TO INCLUDE CASH AND INVESTMENTS, DEBT, AND FACILITATES AND PREPARES CAPITAL BUDGETS BASED ON CASH INFLOWS INTO THE ORGANIZATION. |
FORM 990, PAGE 6, PART VI, LINE 11B |
THE FORM 990 WAS REVIEWED BY THE CEO AND CFO AND PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. |
FORM 990, PAGE 6, PART VI, LINE 12C |
ALL BOARD OF DIRECTORS MEMBERS ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AS WELL AS PERIODICALLY GRADE EACH OTHER AND THE BOARD OF DIRECTORS AS TO ITS EFFECTIVENESS. |
FORM 990, PAGE 6, PART VI, LINE 15A |
THE FINANCE COMMITTEE USES A WRITTEN REVIEW OF THE CEO, ALONG WITH A WAGE SURVEY PROVIDED BY OUR TRADE ORGANIZATION (LEADING AGE). ADDITIONALLY, THE SALARY INFORMATION FOR THE CEO OF OTHER CONTINUING CARE RETIREMENT COMMUNITIES IN THE SAN ANTONIO AREA ARE PROVIDED. THIS IS TO ENSURE OUR CEO'S WAGE IS IN LINE YET COMPETITIVE. THIS PROCESS OCCURS EACH YEAR IN AUGUST. |
FORM 990, PAGE 6, PART VI, LINE 15B |
SENIOR MANGEMENT GATHERS CURRENT SALARY INFORMATION FROM TRADE ORGANIZATIONS AND FROM LOCAL AND NATIONAL DATABASES. THE ANNUAL BUDGET IS CONSIDERED AS WELL AS THE EXPERIENCE LEVEL AND RECENT PERFORMACE REVIEWS OF EACH OFFICER. SENIOR MANAGEMENT CONSIDERS ALL OF THESE FACTORS AND THE CEO MAKES THE FINAL DETERMINATION. |
FORM 990, PAGE 6, PART VI, LINE 18 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO ALL STAKEHOLDERS AND THE PUBLIC AT LARGE BY KEEPING COPIES AT OUR OFFICES AS WELL AS THE LIBRARY DURING REGULAR BUSINESS HOURS. |
FORM 990, PAGE 6, PART VI, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO ALL STAKEHOLDERS AND THE PUBLIC AT LARGE BY KEEPING COPIES AT OUR OFFICES AS WELL AS THE LIBRARY DURING REGULAR BUSINESS HOURS. |