2019-11-15T11:46:16-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2018-01-01 431784657 THE SARAH COMMUNITY C/O ST ANDREWS MANAGEMENT SERVICES SARA 3142098814 12284 DEPAUL DRIVE BRIDGETON MO 63044 JOHN O'SHAUGHNESSY ASSISTANT TREASURER 3142098814 2019-11-14 1 JEFF PARKER P00970069 3149254300 67.137.57.251 2019-11-14 16:49:47 CS P 616D57ED59C9C12D8A28A3D9D480C81CB0617C5C 0F6CED516730F26F6D929EFCCC55701A57CAC9CA 2018 2020-04-17 16:48:07Z SR JUDITH BELL 12284 DEPAUL DRIVE BRIDGETON MO 63044 18239966 0 X THESARAHCOMMUNITY.COM X 1997 MO PROVIDES QUALITY SERVICE FOR THE LONG-TERM CARE AND RETIREMENT NEEDS OF THEIR MEMBERS AND THE GENERAL PUBLIC 14 14 417 6 0 0 10019 15616 17780772 17809467 237253 290641 166658 109236 18194702 18224960 10768 5234 0 0 8723235 8832319 0 0 0 9080787 9280263 17814790 18117816 379912 107144 43072711 41947775 30673999 29527308 12398712 12420467 THE SARAH COMMUNITY, THROUGH THE COLLABRATION OF FIVE CATHOLIC RELIGIOUS CONGREGATIONS OF WOMEN, PROVIDES QUALITY SERVICE FOR THE LONG-TERM CARE AND RETIREMENT NEEDS OF THEIR MEMBERS AND THE GENERAL PUBLIC WITH RESPECT, COMPASSION AND A SPIRIT OF WELCOMING HOSPITALITY. 0 0 9124024 3066 9524104 ANNA HOUSE - A 52 BED SKILLED NURSING FACILITY WITH ALL 52 BEDS MEDICARE AND MEDICAID CERTIFIED OPERATED AS A PART OF THE DEPAUL HEALTH CENTER UNDER THE HEALTH CENTER'S SKILLED NURSING FACILITY LICENSE.ELIZABETH HOUSE - A 54-BED LICENSED SKILLED NURSING FACILITY WITH ALL 54 BEDS PRIVATE PAY. A COMBINED TOTAL OF 446 PEOPLE WERE SERVED IN 2018. 4024599 1352 5044627 VERONICA HOUSE - 99 UNIT LICENSED ASSISTED LIVING FACILITY, 148 PEOPLE WERE SERVED. OFFERS ASSISTED LIVING APARTMENTS WITH STAFF TO ATTEND TO INDIVIDUAL NEEDS. RESIDENTS ENJOY MOVIES, A VARIETY OF ACTIVITIES AND THREE DELICIOUS MEALS EVERY DAY. SERVICES INCLUDE ASSISTANCE WITH PERSONAL CARE, BATHING, MEDICATION MANAGEMENT AND OTHER ACTIVITIES OF DAILY LIVING, SHORT TERM REHABILITATION SERVICES, CUSTOMIZED SUPPORT PLANS, EMERGENCY RESPONSE SYSTEM AND DAILY WELL CHECK, ALL UTILITIES, WITH THE EXCEPTION OF TELEPHONE, WEEKLY HOUSEKEEPING, PERSONAL LAUNDRY SERVICES, EXERCISE AND FITNESS PROGRAM AND A FOCUS ON WELLNESS OF BODY, MIND AND SPIRIT. 2427464 816 3240736 NAOMI HOUSE - 105 RETIREMENT LIVING APARTMENTS, 114 PEOPLE WERE SERVED. OFFERS RETIREMENT APARTMENT LIVING WHERE FAMILY AND FRIENDS CAN GATHER TO ENJOY A WORLD OF AMENITIES. SERVICES INCLUDE ALL UTILITIES, INCLUDING LOCAL LAND LINE PHONE SERVICE, ONE EVENING MEAL DAILY, ORGANIZED ACTIVITIES AND OUTINGS, EXERCISE AND FITNESS PROGRAMS, A FOCUS ON WELLNESS OF BODY, MIND AND SPIRIT, WEEKLY HOUSEKEEPING, EMERGENCY RESPONSE SYSTEM, AND SPECIALIZED COMMUNICATIONS AND TELEPHONE SYSTEM THAT INCLUDES DAILY WELL-BEING CHECKS. 15576087 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 417 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX RADAE 3147260111 1001 CRAIG ROAD SUITE 200 ST LOUIS MO 63146 X SR JUDITH BELL PRESIDENT 1.00 X X 0 0 0 SR KATHLEEN BAUER VICE PRESIDENT 1.00 X X 0 0 0 SR RITA DOWNEY SECRETARY 1.00 X X 0 0 0 STEPHEN D LERESCHE TREASURER 1.00 X X 0 0 0 DIAN DAVITT DIRECTOR 1.00 X 0 0 0 MARY ANN DRAKE DIRECTOR 1.00 X 0 0 0 SR FRAN HAARMANN DIRECTOR 1.00 X 0 0 0 SEAN HOGAN DIRECTOR (TERM ENDED) 1.00 X 0 0 0 SR JANET KEIM DIRECTOR 1.00 X 0 0 0 SR LINDA KREMER DIRECTOR 1.00 X 0 0 0 PAUL RICHARD DIRECTOR 1.00 X 0 0 0 SR ANNIE STEVENS DIRECTOR 1.00 X 0 0 0 BARB TOULSTER DIRECTOR 1.00 X 0 0 0 SR DIANA WALL DIRECTOR (TERM ENDED) 1.00 X 0 0 0 SR DONNA COLLINS DIRECTOR 1.00 X 0 0 0 ELLIS HAWKINS DIRECTOR 1.00 X 0 0 0 MARY BETH HUNT EXECUTIVE DIRECTOR-TSC 40.00 X 0 0 0 JOHN O'SHAUGHNESSY ASST TREASURER 3.00 X 0 0 0 0 0 0 0 0 0 0 ST ANDREWS RESOURCES FOR SENIORS SYSTEM 1001 CRAIG RD SUITE 200 ST LOUIS MO 63146 MANAGEMENT SERVICES 998485 SELECT REHAB PO BOX 71985 CHICAGO IL 60694 THERAPY SERVICES 848661 BSI 6767 SOUTHWEST AVENUE ST LOUIS MO 63143 CONSTRUCTION SERVICES 797402 ST ANDREWS MANAGEMENT SERVICES 1001 CRAIG RD SUITE 200 ST LOUIS MO 63146 MANAGEMENT SERVICES 598705 4 15616 15616 RESIDENT SERVICES 623000 17809467 17809467 17809467 290641 290641 20600 15006 5594 5594 BARBER & BEAUTY SHOP 812900 50155 50155 OTHER MISCELLANEOUS 623000 28596 28596 MEALS & FOOD SERVICE 722513 24891 24891 103642 18224960 17809467 0 399877 5234 5234 130333 130333 6991145 6352487 638658 19909 19909 1093817 1001524 92293 597115 534665 62450 633010 633010 34422 29259 5163 40624 40624 1660802 1646999 13803 144979 123232 21747 967346 948443 18903 331057 292032 39025 527131 522010 5121 13086 12176 910 4562 3878 684 1192264 1013424 178840 1777791 1511122 266669 340067 340067 FOOD EXPENSES 662310 662310 BAD DEBT EXPENSE 594621 594621 NFRA EXPENSE 284234 241599 42635 EMPLOYEE EVENTS/AWARDS/ 47652 40504 7148 24305 20659 3646 18117816 15576087 2541729 0 2900 2900 1420764 1552722 1311901 2341848 56394 55051 201249 194989 46223261 19410473 27111112 26812788 12890675 10932831 77716 54646 43072711 41947775 1622330 1883922 9416 17851 28316600 27068145 7542 10339 718111 547051 30673999 29527308 X 11204396 11265417 1194316 1155050 12398712 12420467 43072711 41947775 107144 -85389 0 X X 0 1 X 1 0 X 12808 8609 16929 10019 15616 63981 16424274 16581363 17465039 17780772 17809467 86060915 22322 20600 42922 16437082 16589972 17481968 17813113 17845683 86167818 0 0 0 86167818 153095 265959 260635 237253 290641 1207583 153095 265959 260635 237253 290641 1207583 100598 107443 112308 160498 142908 623755 16690775 16963374 17854911 18210864 18279232 87999156 0.97920 0.98100 0.01370 0.01230 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 100,598. 2015 AMOUNT: $ 107,443. 2016 AMOUNT: $ 14,408. 2017 AMOUNT: $ 79,415. 2018 AMOUNT: $ 67,862. MEALS - 2016 AMOUNT: $ 21,028. 2017 AMOUNT: $ 21,028. 2018 AMOUNT: $ 24,891. BARBER BEAUTY SHOP - 2016 AMOUNT: $ 76,872. 2017 AMOUNT: $ 60,055. 2018 AMOUNT: $ 50,155. 0 1 X 3273934 3273934 39047532 16609050 22438482 3885616 2801423 1084193 16179 16179 26812788 SECURITY DEPOSITS 547051 547051 X 17559956 -85389 -594621 -680010 18239966 -15006 -15006 18224960 17538201 15006 15006 17523195 594621 594621 18117816 PART IV, LINE 2B: THE COMMUNITY MAINTAINS SAVINGS ACCOUNTS ON BEHALF OF CERTAIN RESIDENTS. THE COMMUNITY ACTS AS TRUSTEE OF THESE FUNDS WHICH ARE MAINTAINED FOR THE PERSONAL USE OF THOSE RESIDENTS. THE FUNDS ARE EXPENDED AT THE DIRECTION OF THE RESIDENTS. PART X, LINE 2: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE NETTED WITH REVENUES ON FS -594,621. PART XI, LINE 4B - OTHER ADJUSTMENTS: GIFT SHOP EXPENSES NETTED WITH REVENUES ON 990 -15,006. PART XII, LINE 2D - OTHER ADJUSTMENTS: GIFT SHOP EXPENSES NETTED WITH REVENUES ON 990 15,006. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE NETTED WITH REVENUES ON FS 594,621. 1 EMPLOYEE ASSISTANCE GRANTS 18 5234 PART I, LINE 2: THE APPLICATION IS REVIEWED BY THE EXECUTIVE DIRECTOR OR AN ADMINISTRATOR TO JUDGE IF THE REQUEST FOR FUNDS IS REASONABLE, THAT ALL INFORMATION HAS BEEN PROVIDED, VERIFIES ELIGIBILITY, AND ASKS WHAT OTHER AGENCIES HAVE BEEN CONTACTED FOR ASSISTANCE. SPECIFIC CRITERIA TO BE GRANTED ASSISTANCE INCLUDES EMPLOYMENT FOR AT LEAST 6 MONTHS, NO DISCIPLINARY ACTION WITHIN THE LAST 90 DAYS, AND CANNOT BE ON THE FINAL WRITTEN STEP OF OUR DISCIPLINARY PROCESS. ASSISTANCE IS LIMITED TO $500 FOR FULL-TIME AND $250 FOR PART-TIME, PRN EMPLOYEES ARE NOT ELIGIBLE AND ASSISTANCE CHECKS ARE ISSUED TO A VENDOR AND NEVER GIVEN DIRECTLY TO THE EMPLOYEE. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF BRIDGETON MISSOURI 431309863 108468AR0 2011-10-28 24961894 CONSTRUCT AND EQUIP SENIOR HOUSING FACILITIES AND REFUND SERIES 1998 BONDS. 1 0 0 B THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF BRIDGETON MISSOURI 431309863 108468AW9 2013-05-21 11288500 REFUND SERIES 1998 BONDS. THE 1998 BONDS WERE ORIGINALLY ISSUED ON 5/12/98. 0 0 0 C THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF BRIDGETON MISSOURI 431309863 108468AZ2 2016-10-12 16079015 REFUND 2011A BONDS. 2011A BONDS ORIGINALLY ISSUED ON 10/28/11. 0 0 0 A 6560000 17420000 24962546 184147 840324 497300 10503766 11850000 2012 1 0 1 1 B 245000 11228500 1160332 224570 10960430 2001 1 0 1 1 C 405000 16079015 1441723 16079015 2012 0 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 1 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 1 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF BRIDGETON, DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2016 ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF BRIDGETON, DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2018 PART I, LINE A, COLUMN F: THE 1998 BONDS WERE ORIGINALLY ISSUED ON 5/12/1998. PART I, LINE A, COLUMN G: THE 2011A BONDS AND THE 2011B BONDS WERE A SINGLE ISSUE FOR TAX PURPOSES. THE 2016 BONDS REFUNDED ALL OF THE OUTSTANDING 2011A BONDS. HOWEVER, THE 2011B BONDS WILL BE OUTSTANDING UNTIL THEIR MATURITY ON 5/1/2019. PART II, LINE 3, COLUMN A: AMOUNT DOES NOT EQUAL ISSUE PRICE OF THE 2011 BONDS DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD. EARNINGS ON AMOUNTS IN THE DEBT SERVICE RESERVE FUND DURING THE PROJECT PERIOD ARE NOT INCLUDED IN THE COMPUTATION OF TOTAL PROCEEDS. THESE EARNINGS HAVE BEEN EXCLUDED FROM THE SCHEDULE BUT WERE ALLOCATED TO INTEREST ON THE 2011 BONDS DURING THE PROJECT PERIOD. PART II, LINE 4, COLUMN A: IN CONNECTION WITH THE ISSUANCE OF THE 2016 BONDS, $790,087 FROM THE DEBT SERVICE RESERVE FUND FOR THE 2011 BONDS WAS TRANSFERRED AND DEPOSITED IN THE ESCROW FUND ESTABLISHED FOR THE ADVANCE REFUNDING OF THE 2011A BONDS. THE $790,087 TRANSFERRED TO THE ESCROW FUND WAS USED TO REDEEM THE 2011A BONDS ON 5/1/2018. PART II, LINE 5, COLUMN A: THIS AMOUNT ONLY INCLUDES INTEREST PAID FROM THE CAPITALIZED INTEREST FUND. PART II, LINE 11, COLUMN A: THIS AMOUNT REPRESENTS THE PORTION OF 2011 BOND PROCEEDS USED TO PARTIALLY REFUND THE 1998 BONDS. PART II, LINE 11, COLUMN B: THIS AMOUNT REPRESENTS 2013 BOND PROCEEDS USED TO REFUND THE 1998 BONDS AND 2013 BOND PROCEEDS DEPOSITED INTO THE DEBT SERVICE INTEREST ACCOUNT AND USED TO PAY DEBT SERVICE ON THE 2013 BONDS ON 11/1/2013. PART IV, LINE 5A, COLUMN A: A PORTION OF THE 1998 BONDS (APPROXIMATELY $3,000) BECAME TRANSFERRED PROCEEDS OF THE 2011 BONDS. THESE PROCEEDS WERE PREVIOUSLY INVESTED IN A GIC, HOWEVER, THE GIC WAS TERMINATED IN MAY 2013. PART IV, LINE 6, COLUMN A: THE 2016 BONDS ADVANCE REFUNDED THE 2011A BONDS. IN CONNECTION WITH THE WITH THE ISSUANCE OF THE 2016 BONDS, $790,087 FROM THE DEBT SERVICE RESERVE FUND FOR THE 2011AB BONDS WAS TRANSFERRED AND DEPOSITED IN A YIELD RESTRICTED ESCROW FUND ESTABLISHED FOR THE ADVANCE REFUNDING OF THE 2011A BONDS. PART IV, LINE 6, COLUMN C: THE 2016 BONDS ADVANCE REFUNDED THE 2011A BONDS. PROCEEDS OF THE 2016 BONDS ARE HELD IN A YIELD RESTRICTED ESCROW FUND UNTIL THE REDEMPTION OF THE 2011A BONDS ON 5/1/2018. PART II, LINE 11, COLUMN C: THIS AMOUNT REPRESENTS 2016 BOND PROCEEDS DEPOSITED INTO THE 2016 ESCROW FUND AND USED TO REDEEM THE 2011A BONDS ON 5/1/2018. PART IV, LINE 2D, COLUMN A: ARBITRAGE COMPUTATION COMPLETED AS OF 10/1/2016. PART IV, LINE 2D, COLUMN B: ARBITRAGE COMPUTATION COMPLETED AS OF 5/1/2018. FORM 990, PART VI, SECTION A, LINE 2 JOHN O'SHAUGHNESSY SERVES AS THE ORGANIZATION'S CORPORATE FINANCIAL OFFICER AND ASSISTANT TREASURER. HE IS EMPLOYED BY THE FRANCISCAN SISTERS OF MARY (FSM) AS ITS CEO/CFO. FSM IS ONE OF THE FIVE COLLABORATING CATHOLIC CONGREGATIONS OF RELIGIOUS WOMEN OF THE SARAH COMMUNITY. THE ORGANIZATION PAID FSM AN HOURLY RATE FOR TIME SPENT BY MR. O'SHAUGHNESSY ATTENDING TO ORGANIZATIONAL BUSINESS. MR. O'SHAUGHNESSY IS NOT DIRECTLY COMPENSATED BY THE ORGANIZATION. IN 2018, THE ORGANIZATION PAID FSM A TOTAL OF $6,585.49 FOR MR. O'SHAUGHNESSY'S SERVICES AND MINOR REIMBURSABLE EXPENSES. SISTERS FRAN HAARMAN AND JUDY BELL ARE CURRENT DIRECTORS OF FSM, AND IN THAT REGARD HAVE A BUSINESS RELATIONSHIP WITH MR. O'SHAUGHNESSY. FORM 990, PART VI, SECTION A, LINE 3 ST. ANDREWS MANAGEMENT SERVICES, INC IS RESPONSIBLE FOR BOTH ADMINISTRATIVE AND OPERATIONAL LEADERSHIP OF THIS FACILITY. ALL EMPLOYEES ARE EMPLOYEES OF THE SARAH COMMUNITY, EXCEPT FOR FOUR MANAGEMENT POSITIONS THAT INCLUDE: THE EXECUTIVE DIRECTOR, SNF/ALU ADMINISTRATOR, ONBOARDING COORDINATOR, AND PERSON-CENTERED CARE COORDINATOR. IN 2018, EXECUTIVE DIRECTOR MARY BETH HUNT WAS COMPENSATED $123,748 IN WAGES, RETIREMENT MATCHING, AND BENEFITS BY STAMS FOR HER SERVICES TO THE SARAH COMMUNITY. THE ORGANIZATION PAID THE FRANCISCAN SISTERS OF MARY (FSM) AN HOURLY RATE FOR TIME SPENT BY MR JOHN O'SHAUGHNESSY ATTENDING TO ORGANIZATIONAL BUSINESS MATTERS OF THE SARAH COMMUNITY. MR O'SHAUGHNESSY IS NOT DIRECTLY COMPENSATED BY THE ORGANIZATION. IN 2018, THE ORGANIZATION PAID THE FRANCISCAN SISTERS OF MARY A TOTAL OF $6,585.49 FOR MR O'SHAUGHNESSY'S SERVICES AND MINOR REIMBURSABLE EXPENSES. FORM 990, PART VI, SECTION A, LINE 6 ONLY ONE CLASS OF MEMBERS EXISTS. THE INITIAL MEMBERS ARE PERSONS WHO OCCUPY THE CERTAIN POSITIONS OF THE DAUGHTERS OF CHARITY AND OF THE FRANCISCAN SISTERS OF MARY. ADDITIONAL MEMBERS WHO ARE MEMBERS OF THE ELECTED LEADERSHIP OF RELIGIOUS INSTITUTIONS OF THE ROMAN CATHOLIC CHURCH MAY BE ADDED WITH THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ARE THE POWERS RESERVED TO MEMBERS: - TO DETERMINE AND MAINTAIN THE PHILOSOPHY AND IDENTITY OF THE ORGANIZATION, - APPOINTMENT AND REMOVAL OF DIRECTORS OF THE ORGANIZATION,EXCEPT THOSE THAT SERVE EX OFFICIO, - APPROVAL OF AMENDMENTS TO THE ARTICLES OF INCORPORATION, - AMENDMENT OF THE BYLAWS AND APPROVAL OF AMENDMENT TO THE BYLAWS, - APPROVAL OF ANY BORROWING AND GUARANTIES BY THE ORGANIZATION IN ACCORDANCE WITH POLICIES WHICH MAY BE ESTABLISHED BY THE MEMBERS, - APPROVAL OF THE PURCHASE OR SALE OR OTHER ACQUISITION, DISPOSITION OR TRANSFER OF REAL ESTATE, INCLUDING ANY INTEREST THEREIN, BY THE ORGANIZATION, EXCEPT FOR REAL ESTATE RECEIVED AS A BEQUEST OR DONATION AND NOT USED IN THE CHARITABLE ACTIVITIES OF THE ORGANIZATION AND WITH OTHER EXCEPTIONS WHICH MAY BE ESTABLISHED BY THE MEMBERS, - TO INITIATE AND/OR APPROVE ANY MERGER,CONSOLIDATION, ORGANIZATION OR DISSOLUTION OF THE ORGANIZATION, - TO APPROVE THE SALE, TRANSFER OR OTHER DISPOSITION OF THE VOTING STOCK OF THE ORGANIZATION. IF BEFORE THE DISPOSITION THE ORGANIZATION OWNED A MAJORITY OF THE VOTING STOCK OF THE ORGANIZATION AND AFTER SUCH DISPOSITION THE ORGANIZATION SHOULD NOT OWN A MAJORITY OF THE VOTING STOCK OF THE ORGANIZATION, IN ACCORDANCE WITH POLICIES APPROVED BY THE MEMBERS FROM TIME TO TIME, AND - TO DETERMINE THE EXTENT TO WHICH AND THE MANNER IN WHICH THE POWERS DESCRIBED ARE TO BE EXERCISED WITH RESPECT TO ANY STOCK CORPORATIONS OF THE ORGANIZATION OR ANY NON-STOCK CORPORATION OF WHICH THE MEMBER IN ACCORDANCE WITH POLICIES APPROVED BY THE MEMBERS FROM TIME TO TIME. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FROM 990 IS REVIEWED BY THE MANAGEMENT COMPANY FOR ACCURACY AND MADE AVAILABLE TO THE ENTIRE BOARD. THE FINAL FORM 990 IS MAILED TO THE ASSISTANT TREASURER OF THE BOARD FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST DISCLOSURE IS FILLED OUT BY EACH BOARD MEMBER, SUBMITTED AND REVIEWED BY THE ENTIRE BOARD. THE MEMBER IS THEN EXCLUDED IN ANY VOTING FOR APPLICABLE SUBJECT AREAS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMINING EXECUTIVE DIRECTOR COMPENSATION: SALARIES ARE REVIEWED ANNUALLY DURING THE BUDGET PROCESS BY THE EXECUTIVE DIRECTOR AND MANAGEMENT COMPANY'S ACCOUNTING AND OPERATIONS PERSONNEL. DURING THIS REVIEW, SALARY RANGES FOR ALL POSITIONS ARE COMPARED WITH SURROUNDING FACILITIES. THE BUDGET IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD. PROCESS OF DETERMINING OFFICER AND/OR KEY EMPLOYEES COMPENSATION: SALARIES ARE REVIEWED ANNUALLY DURING THE BUDGET PROCESS BY THE EXECUTIVE DIRECTOR AND MANAGEMENT COMPANY'S ACCOUNTING AND OPERATIONS PERSONNEL. DURING THIS REVIEW, SALARY RANGES FOR ALL POSITIONS ARE COMPARED WITH SURROUNDING FACILITIES. THE BUDGET IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST BY MAILING A COPY TO THE PERSON MAKING THE REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.