Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et |
The Executive Director/COO, VP of Finance, and VP of Operations wereemployed by Avinity Services Company through December 2019 and became employees of Presbyterian Homes and Services effective in January 2020, a related tax exempt organization.John Bergeson, and Tamara Tasche are also board members of the Avinity Foundation and Dan Lindh, Mark Meyer and Norman Wenck are on the board of directors for Presbyterian Homes and Services. Therefore, a business relationship exists between these individuals. |
Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings |
The Organization does not have any committees with the authority to act onbehalf of the governing body. |
Form 990, Part VI, Line 11b: Form 990 Review Process |
Prior to the Form 990 being filed, it will be provided to all members ofthe Board of Directors for their review. It will also be reviewed by the VPof Finance. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
The conflict of interest policy requires that all board members, officers,other volunteers and employees must fully disclose all areas of interestwhere potential conflict(s) may exist and that this disclosure should takeplace prior to any transactions being consummated. Transactions withparties with whom a conflicting interest does exist, may be undertaken onlyif all of the following are observed:1. The person with the conflict of interest is excluded from thediscussion and approval of such transaction;2. A competitive bid or comparable valuation exists; and3. The Board, Executive Director/COO, or Vice President of Finance hasdetermined that the transaction is in the best interest of theorganization.To help ensure compliance with this policy, all board members and allemployees are required to complete a conflict of interest disclosurestatement, which are reviewed by the Executive Director/COO or VicePresident of Finance for indication of any potential conflicts of interest.If any material conflicts of interest are determined to exist, they aredealt with on a case by case basis and are brought to the Board ofDirectors attention, as appropriate. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
There are written policies covering the determination of compensation forthe Executive Director/COO, other officers, key employees and all otheremployees.The compensation level for the Executive Director/COO is to be benchmarkedevery three years, typically utilizing an independent compensationconsultant who uses data from pertinent compensation surveys in making arecommendation to the Board of Directors. The Board of Directors approvesany changes to the compensation of the Executive Director/COO, includingany in the interim years between when the compensation is benchmarked.For all other employees, including officers and key employees, compensationis benchmarked each year utilizing updated compensation survey datagathered from sources that are as consistent and pertinent to theorganization as possible. This data is compiled by Human Resources and isreviewed by the Executive Director/COO, VP of Finance and VP of Operations. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
The financial statements are available upon request. The governingdocuments and conflict of interest policy may be made available on a caseby case basis if requested. |
Other Changes In Net Assets Or Fund Balances - Other Decreases |
Acquisition of Noncontrolling Interest in Affiliates = -$3571508 |
Other Changes In Net Assets Or Fund Balances - Other Decreases |
Intercompany Distributions = -$1849060 |