Elder Housing LLC

“The sole member of the organization is lutheran homes of michigan, inc.”

“The organization's sole member, lutheran homes of michigan, inc., has the authority to appoint/elect individuals to the board of directors.”

“Prior to filing the form 990 return, electronic copies of the form 990 were sent to the members of the board of directors. The members' inputs and comments were solicited.”

“Conflict of interest forms are collected in the beginning of each new board year. The forms are reviewed by the ceo. If a conflict exists, the ceo reviews with the board chair and determines the appropriate action, which is typically to remove the individual from the position of conflict for the specific transaction/process.”

“The executive committee of the board, under the board chair's leadership, is responsible for annual performance review and compensation adjustment of the ceo, when appropriate. Outside sources or comparative review are taken into consideration when setting total compensation. The last annual performance review occurred in 2014 and the last in-depth compensation review occurred in 2014.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request at the corporate office of wellspring lutheran services by contacting the chief financial officer.”

“A written document retention and document destruction policy is currently under development.”

“Dba: shattuck manor dba: meadowview manor dba: mcbrite manor”

“The organization was dissolved and the net assets transferred to lutheran homes of michigan, inc as of 12/31/14”

“Professional fees: program service expenses 1,554,829. Management and general expenses 55,004. Fundraising expenses 0. Total expenses 1,609,833.”

“Net assets transferred to lutheran homes of michigan, inc. 2,244,669. Interest rate swap adjustment 42,069.”

“There were no changes to the audit oversight procedures from the previous year.”