Catherine Kasper Life Center

“THE ORGANIZATION PREVIOUSLY ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH THE CONGREGATION OF ST. JOSEPH INITIATIVES (CSJI) ON DECEMBER 1, 2019. THE AGREEMENT CALLED FOR CSJI TO PROVIDE MANAGEMENT SERVICES FOR THE LONG-TERM CARE FACILITY MAINLY IN THE AREAS OF CLINICAL OPERATIONS, HUMAN RESOURCES, ACCOUNTS RECEIVABLE MANAGEMENT, AND FINANCIAL OVERSIGHT. THE AGREEMENT WAS terminated as of 10/01/2023 reflecting the dissolution of the corporation as it completes its wind down activities including payments of employee and third party obligations.”

“The provincial of the american province of the poor handmaids of jesus christ, the treasurer of the american province of poor handmaids of jesus christ and the individuals holding membership position in the provincial council of the american province of the poor handmaids of jesus christ are the voting members of the catherine kasper life center (cklc).”

“The members of cklc appoint the board of directors.”

“The approval of the members of cklc is required with respect to the following: 1.) any modifications of the philosophy of cklc. 2.) any amendment to the articles of incorporation or bylaws. 3.) the merger or consolidation of cklc with or into any other entity. 4.) the voluntary dissolution of cklc. 5.) the lease, sale, transfer, assignment, mortgage or encumbrance of any kind of fixed capital, real estate or buildings having a book value in excess of one million. 6.) the incurrence of debt in excess of $100,000 other than incurred in the ordinary course of business. 7.) the selection of certified public accountants. 8.) the acceptance of any donation, gift, devise or bequest which imposes an ongoing or continuing obligation upon cklc.”

“THE FORM 990 WAS PREPARED BY THE INDEPENDENT AUDITORS OF CKLC, AND WAS REVIEWED BY ANCILLA DOMINI SISTERS, INC., who is the sole corporate Member of CKLC and PROVIDED ACCOUNTING SERVICES TO CKLC DURING 2024. A DRAFT OF THE FORM 990 WAS PROVIDED TO the ADS President and ADS Chief Accountant on behalf of CKLC for review prior to filing.”

“Each officer and director are required to annually complete a disclosure statement which identifies conflicts of interest. The filing officer reviews the disclosure statements and reports any potential conflicts of interest to the board chair who would subsequently disclose the potential conflict of interest to the board. In 2024, no potential conflicts of interest were noted.”

“Cklc does not make its governing documents, conflicts of interest policy or financial statements available to the general public except to the extent that they are in a publicly available document such as form 990 or 1023.”

“In 2023, cklc began winding down operations and fully dissolved legally in 2023.”

“Assets - 159176; Total - 159176;”