Immanuel Trinity Affordable Inc.

“The officers and highest compensated employees are considered senior leadership and are compensated by immanuel, a related organization. The board members are also board members of immanuel therefore the officers and board members have a business relationship.”

“The directors of the corporation shall be appointed and approved by the board of directors of immanuel, and, 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.”

“There is no committee with authority to act on behalf of the board of directors.”

“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 the 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.”

“The officers are compensated by immanuel, a related organization. Immanuel analyzes market-based compensation studies, reviews job descriptions and interviews outside human resource consultants. Compensation for the ceo is approved by the board of directors. Compensation of top management personnel is approved by the ceo.”

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

“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.”