Masonicare at Home Inc.

“The organization had a sole corporate member, Masonicare Corporation, with the right to appoint members of the governing body and to participate in the organization's governance.”

“Masonicare Corporation,as sole corporate member, annually appoints the members of the governing body.”

“Pursuant to the Certificate of Incorporation of the organization, Masonicare Corporation, as the sole corporate member, has certain reserved powers to take or approve certain actions of the governing body. These powers include the prior approval of amendments to the organization's certificate of incorporation and bylaws, approval of long range plans, budgets and material changes in budgets, mission statements and policies (including investment policies) as well as sales or transfer of assets, mergers and/or dissolutions and Certificate of Need applications. The sole corporate member's powers also include the appointment and removal of directors, the organization's Board Chair and independent audit firm.”

“Masonicare management and our third party accountants review the tax return for completeness and accuracy. It is reviewed by the chief executive officer and chairman of the board. The tax return is also placed on a secured website that can be accessed by all board members for their review. At a full board meeting a discussion is held regarding comments/questions from board members. The tax return is then finalized and filed.”

“Annually, officers, directors and senior employees are required to complete a conflict of interest disclosure questionnaire. The Corporate Compliance Officer annotates the results to determine if, and to what extent, a conflict of interest exists. The results of the officer and Board Member disclosures are first reviewed by the Board Chairman and then reported at the board meetings. Any officer or board member shall not make or second motions or vote (other than abstain) on matters if a conflict of interest exists, whether or not the officer or board member had an opportunity to make a written disclosure through the formalized process. Senior employee disclosures are reported to the President and Chief Executive Officer. The entire process is coordinated by the Corporate Compliance Officer. All respondents are advised of their continuing duty to disclose any possible conflict of interest that may arise during the course of their service.”

“The compensation committee of Masonicare Corporation engages an independent firm to certify the reasonableness of the compensation of the executive director of the organization annually. The process was completed in November 2017.”

“The Organization provides required documents upon request.”

“Hours related for volunteer trustees (column B) are the estimated hours per week that the volunteer trustees contribute to this and all other related exempt organizations, not necessarily equally but in the proportion required for which they receive no compensation. Related organizations include, Masonicare Corporation, Masonic Charity Foundation of CT, Masonicare Health Center Inc., Masonicare at Newtown Inc., Masonicare at Ashlar Village Inc., Masonicare Home Health and Hospice Inc., Masonicare Partners Home Health and Hospice, Masonicare at Mystic Inc., Masonicare at Chester Village Inc. and Keystone Indemnity Company LTD.”

“Capital Distribution to Related Entities = -$449457”

“Masonicare at Home is a member of the Masonicare obligated group that is responsible for the repayment of the Series F Bonds issued by Masonicare Corporation on November 15, 2017. The current outstanding bond balance is $106,335,000.”