Kenwood Manor Inc

“The organization's sole member, the lutheran care network, inc. Providedcertain management functions, including the ceo and cfo functions through may 31,2020. As of june 1, 2020, while it is still in receivership, delmar ah operations associates, llc is managing the facility. See schedule o, part vi, line 31 information.”

“The lutheran care network, inc. Is the sole member.”

“The lutheran care network, inc. Elects the members of the board of directors of the organization.”

“The lutheran care network, inc. [the sole member] shall approve the following actions: (1) amendment of the bylaws; (2) incurring debt in excess of $100,000; (3) initiation of any activity requiring a certificate of need; and (4) establishing a subsidiary or otherwise affiliating with any other entity.”

“The form 990 is reviewed by the audit committee chair or at least one member of the audit committee. Once approved, a copy is given to each board member before signing and filing with the irs.”

“At beginning of employment, management level employees are required to sign a conflict of interest & outside activities policy form. The organization enforces this policy by assessing and monitoring situations in which any potential conflict of interest arises.”

“No documents available to the public other than those required by law. Those documents that are required to be available to the public are available upon request.”

“Reorganization under bankruptcy proceedings:in december 2019, the company filed petitions for relief under chapter 11 of the federal bankruptcy laws in the united states bankruptcy court for the northern district of new york. This generally delays payment of liabilities incurred prior to filing those petitions while the company develops a plan of reorganization that is satisfactory to its creditors and allows it to continue as a going concern. The carrying amounts of assets and liabilities are unaffected by the proceedings. Under chapter 11, certain claims against the company in existence before the filing of the petitions of relief under the federal bankruptcy laws are stayed while the company continues business operations as debtor-in-possession. Additional claims may arise after the filing date resulting from rejection of executory contracts, including leases, and from the determination of the court (or agreed to by parties in interest) of allowed claims for contingencies and other disputed amounts. Claims secured against the companys assets (secured claims) are also stayed, although the holders of such claims have the right to move the court for relief from the stay. Secured claims are secured primarily by liens on the companys property and equipment. The company received approval from the bankruptcy court to pay or otherwise honor certain of its prepetition obligations, including employee wages, utilities, and insurances.the company signed an asset purchase agreement with delmar ah operations associates, llc and a purchase and sale agreement for the real estate with delmar snf realty associates, llc. The agreements stipulate the sale of the operations and the related real estate closing is contingent upon successful completion of the receivership and other regulatory approvals. As of june 1, 2020, while it is still in receivership, delmar ah operations associates, llc is managing the facility.”