Luther Ridge at Middletown Inc

“The sole corporate member of the organization is ascentria care alliance, inc. (fka lutheran social services of new england, inc.).”

“The members of ascentria care alliance, inc.'s governing board elect all the members of this organization's governing board.”

“The transactions subject to member approval are acquisitions of debt, sale of assets, annual budget, mergers and bylaw revisions.”

“Financial management will review the form 990 when it is completed. Ascentria care alliance, inc.'s (aca) audit committee provides secondary review and approval prior to submission to the irs. The complete form 990 is posted to the board intranet for review by the aca finance committee as well as all board members prior to filing with the irs.”

“Any director, officer, employee, committee member, or volunteer of lssne or its subsidiaries, whether because of his/her employment, business interests, investments, or otherwise, who has interests that do or may, directly or indirectly, compete with or be in conflict with the interests of lssne shall promptly disclose all material facts of such conflict of interest in writing to the chairperson of the board of directors and/or to the president of lssne. Such person shall also announce the same at any meeting or discussion in which he/she is a participant and at which such conflict arises and shall refrain from acting thereon. After disclosure of a financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether lssne can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in lssne's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Change in beneficial interest in net assets of related party 37,570.”