Sanford

“The following officers, board members, and key employees are employees of Sanford or its related organizations. Many of these employees also serve on other related Sanford boards, or have business relationships with each other that span the organization as a whole: Maria Bell, Mark Lundeen, Mark Paulson, Michael LeBeau, Kelby Krabbenhoft, JoAnn Kunkel, Allison Wierda-Suttle, Bill Gassen, Bill Marlette, Bryan Nermoe, Craig Lambrecht, Jennifer Grennan, Micah Aberson, Michelle Bruhn, Michelle Micka, Nate White, Paul Hanson, Susan Jarvis, Nicholas Olson and Matt Hocks.”

“The Form 990 is prepared internally by the Tax Department and reviewed by executive management. An external accounting firm reviews the return. The Tax Department prepares return highlights and key disclosures for the Board of Trustees meeting prior to the return filing date. Before the return is filed, a complete copy is provided to the current Board of Trustees.”

“The annual Conflict of Interest disclosure process is managed by the Chief Compliance Officer (CCO). The CCO is responsible for assuring that all completed forms are returned in a timely and complete manner. Conflict of Interest questionnaires are sent to System Trustees, members of the governing boards of subsidiary entities, officers, and key employees for all entities subject to the IRS Form 990 filings. The disclosures are summarized for review by the executive committee of the Board of Trustees, pursuant to policy. This review allows: 1) The Board to acquire an awareness of financial relationships of board members and key management employees and can invoke the recusal process on a case-by-case basis if potential conflicts are implicated in Board decisions and deliberations, and, 2) Gives the Board the opportunity to seek additional information and clarification about disclosures to determine potential conflicts of interest, and how to manage such.”

“The Executive Compensation Committee of the Sanford Board of Trustees directly engages a nationally recognized independent compensation consulting firm annually to review the total compensation arrangements of the CEO, and to report the findings to them for deliberation and action. The deliberations and actions are recorded in the minutes of the Sanford Board of Trustees. The most recent study was completed in 2019.”

“Although the organization does not maintain a website where the public can access these documents, it would respond individually to any requests or inquiries from the public for these documents.”

“As of January 1, 2019, Sanford became the sole member of The Evangelical Lutheran Good Samaritan Society (Society). The Society, together with its affiliates, provides senior care services across the country and operates skilled nursing facilities, residential housing for seniors, home and community based health services and affordable housing projects.”

“Pursuant to Treasury Reg Section 1.6033-2(d)(5), Sanford has elected to report information about contributions, gifts & grants, compensation, and other information about officers, directors, trustees, key employees, former employees, certain other highly paid employees, certain professional contractors, and certain other contractors on a consolidated basis for all of the members of the group, including the parent organization, on the group return, Sanford Group Return, EIN 45-3791176.”

“Consulting Services: Program service expenses 0. Management and general expenses 4,658,987. Fundraising expenses 0. Total expenses 4,658,987. Purchased Services: Program service expenses 0. Management and general expenses 625,383. Fundraising expenses 0. Total expenses 625,383.”

“Payroll for related tax exempt entities -79,892,587. Transfer of GSS Investments 143,962,420. Refinance of existing indebtedness for related entities -805,661,759.”