Immanuel Trinity Affordable Inc.

“Eric n. Gurley is the president of immanuel, ein 47-0733774, a related entity. All compensated board members and officers are employees of immanuel.”

“Management is provided by trintiy village, a retirement community of immanuel retirement communities. Management fees are paid to trinity village based on contractual agreement.”

“Immanuel trinity affordable, inc.'s bylaws were restated as of 09/23/14 to include the following: 1. Number, tenure and qualification of directors: the bylaws were restated to include the following wording, "the maximum number of directors who are associates of and/or paid by immanuel shall not exceed two (2). Directors who are associates of and/or paid by immanuel shall be non-voting members of the board of directors. Each director shall hold office for a term of four (4) years and until his or her successor shall have been elected and qualified. Except for the non-voting directors, no director may serve more than two (2) full consecutive terms. A director who has served two (2) full consecutive terms may be again elected after one (1) year from the end of his or her prior service. Initial and subsequent terms of directors will be staggered in order to ensure continuity of leadership." 2. Removal of directors: a director may be removed, with or without cause, by immanuel. 3. Added a section under "directors" to include a definition of associates of immanuel: the term "associates of immanuel" means indviduals who are officers or directors or employees of immanuel or of organizations of which immanuel is the sole voting member. 4. Duties and authority of officers: the bylaws added "chair" to the listing of officers and the description as: "the chair shall be the principal officer of the corporation. The chair shall, when present, preside at all meetings of the board of directors." 5. Amendments: amendments of the bylaws are now subject to approval by the board of directors of immanuel.”

“The directors of the corporation shall, at all times, be limited to individuals who are either associates of immanuel or non-associates who have the approval of the board of directors of immanuel, the sponsoring organization.”

“Immanuel, the sponsoring organization, must approve any amendment and initiate or adopt amendments to the articles or bylaws of immanuel trinity affordable, inc.”

“The form 990 is prepared by an accounting firm with the assistance of the controller, and is then reviewed by the cfo and the controller. Copies of the reviewed return are provided to the board members prior to filing with irs.”

“Immanuel trinity affordable, inc. Uses the same policy as immanuel, a related organization. The policy states that the board of directors must sign the conflict of interest policy and disclose all conflicts. The governance committee shall decide what actions need to be taken concerning any conflicts. The board member is prohibited from voting on any business related to any conflict the governance committee has identified.”

“Immanuel trinity affordable, inc. Does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“All compensation and benefits shown for directors are paid by immanuel, the sponsor organization, for services performed for immanuel or other related entities. The compensation is not paid for services in connection with the position of director for immanuel trinity affordable, inc.”

“Immanuel trinity affordable, inc. Does not have a ceo, executive director, top management official or any key employees the organization directly compensates. The organization reimburses immanuel, a related organization, for portions of the salaries of immanuel employees who provide needed services. Therefore, it is not necessary for immanuel trinity affordable, inc. To have a process to determine compensation for these positions.”

“Individuals performing services for immanuel trinity affordable, inc. Are employees of immanuel, a related entity. Therefore, immanuel issues the form w-2 for these employees. Because immanuel trinity affordable inc. Reimburses immanuel for the salaries and benefits of these employees, the expenses for their salaries and benefits are reflected on this return in part ix, statement of functional expenses.”

“The board of directors of immanuel trinity affordable, inc. Assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from prior years.”