Good Samaritan Lutheran Health Care

“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 snf operations associates, llc is managing the facility. See schedule o, part vi, line 31 information.”

“The organization has one member - the lutheran care network, inc.”

“The board of directors are elected by the sole member as per theorganization's bylaws.”

“As per the organization's bylaws, the vote of the membership is requiredfor the following actions: 1) the amendment of the bylaws, 2) incurringdebt in excess of $100,000, 3) initiation of any activities requiring acertificate of need, and 4) establishing a subsidiary or otherwiseaffiliating with any other entity.”

“The form 990 is reviewed by the audit committee chair or at least onemember 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 signa conflict of interest and outside activities form. The organizationenforces this policy by assessing and monitoring situations in which anypotential conflict of interest arises.”

“Compensation of ceo and executive staff is at the discretion of the boardof directors under advisement of an independent third party compensationfirm. A consultant firm is used that provides strategic human resourcessolutions to corporate and non profit employers and was selected fromseveral vendors.”

“No documents available to the public other than those required by law.those documents that are required to be available to the public areavailable 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 snf 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 snf operations associates, llc is managing the facility.”