FORM 990, PART VI, SECTION B, LINE 11B |
THE AUDIT, RISK, AND COMPLIANCE COMMITTEE COMPOSED OF BOARD MEMBERS WILL REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. THE COMMITTEE WILL REPORT THE RESULTS OF THE REVIEW TO THE FULL BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION B, LINE 12C |
ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS OF THE CORPORATION, SENIOR LEADERS AND DEPARTMENT LEADERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. THE OFFICE OF THE CEO IS RESPONSIBLE FOR SENDING OUT THE FORM AND INSURING THAT A SIGNED FORM IS RECEIVED EACH YEAR. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS ONCE PERSONALLY IDENTIFIED. DURING EACH COMMITTEE MEETING, BOARD MEMBERS ARE DIRECTLY ASKED ABOUT ANY POTENTIAL CONFLICTS OF INTERESTS. IF CONFLICT OCCURS, IT MUST BE DISCLOSED AND THE INDIVIDUAL IS EXCUSED FROM VOTING. |
FORM 990, PART VI, SECTION B, LINE 15 |
A REVIEW WAS PERFORMED FOR THE CEO, COO, CFO, CHIEF TALENT OFFICER, CHIEF MARKETING OFFICER, AND SENIOR DIRECTORS OF COMMUNITY SERVICES AND DEVELOPMENT IN 2019. THE REVIEW IS COMPLETED BY AN INDEPENDENT CONSULTANT AND INCLUDES USE OF A COMPENSATION SURVEY REVIEW AND COMPARABILITY DATA. |
FORM 990, PART VI, SECTION C, LINE 19 |
FINANCIAL STATEMENTS ARE DISTRIBUTED QUARTERLY TO THE BOARD OF DIRECTORS, THE RESIDENTS' FINANCE COMMITTEE, AND THE ENTIRE RESIDENT BODY AT RESIDENTS' ASSOCIATIONS MEETINGS. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
FORM 990, PART IX (D) |
FUNDRAISING EFFORTS ARE FOCUSED ON RESTRICTED CONTRIBUTIONS. |
FORM 990, PART XI, LINE 9: |
CHANGE IN FAIR MARKET VALUE OF INTEREST RATE SWAP AGREEMENTS -784,887. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES 48,662. WITHDRAW OF QUARTERLY PAYMENTS FOR CHARITABLE GIFT ANNUITIES -40,556. INTEREST INCOME 7,720. NET ASSETS RELEASED FROM RESTRICTIONS FOR OPERATING PURPOSES -216,979. RESTRICTED CASH 367,408. WILLIAMSBURG LANDING CONTINUING CARE TRUST ACTIVITY 1,287,364. |
PART XII, LINE 2C |
NO CHANGE FROM PRIOR YEAR. |