Granada House Inc.

“Part x, line 2-the organization records its tax positions in accordance with fasb accounting standards codification (asc) no. 740, income taxes, relating to uncertain tax positions. The organization deems its not-for-profit status and the identification and reporting of unrelated business income and the allocation of related expenses to this unrelated business income to be tax positions. The organization also considers self-dealings, excess business holdings, certain investment activities and specific types of expenditures to put the organization at risk for significant punitive tax assessments. The organization continually evaluates these tax positions in light of changes in tax law, interpretation and new authoritative rulings. Pt vi-b line 11b-the executive directorand chief financial officer are assigned the responsibility for the review and approval of all information and tax filings for the federal government and commonwealth of massachusetts at the directive of the board of directors.”

“Pt vi-b line 12c-the directors provides self-declaration of possible conflicts interest as part of the annual meeting responsibilities. Key employees provide an annual self declaration as part of their annual performance evaluation process. Potential conflicts identified are reviewed and approved if appropriate as a part of the board of directors routine responsibilities.”

“Pt vi-b line 15a-the board of directors performs an informational review of salaries for comparable responsibilities in like size organizations and other similar organizations within the community. Discussions are documented as part of the recording of the minutes of the board of trustees including their formal approval of revised compensation and benefits.”

“Pt vi-c line 19-the organization makes all federal and commonwealth of massachusetts filings, and governing documents available upon formal request. Various companies and the massachusetts attorney general make these filings and the audited financial statements available.”

“Pt xi-line 2c-the finance committee as a committee of the board of directors, reviews and approves the auditor selection for recommendation to the full board of directors.”