Community Retirement Inc.

“There is one class of shareholder.”

“The shareholders elect members of the governing body.”

“No committees of governing body with authority to act on its behalf.”

“Form 990 was presented to board for approval before filing”

“In a small organization and village such as ours, administration and the board know all of the people that work for us and their relationships with those that provide and contract services with us. Dealing with potential: our policy dictates that all potential or actual conflicts are brought to the attention of the board president as soon as possible so that safeguards can be established to protect all parties. The president may bring them to all the board member's attention during a regular monthly board meeting for further discussion. Covered: all employees and board members, and close relatives and husbands and wife's of same. The level of determination of whether a conflict exits are made and reviewed by the administrator and/or board president. Restrictions are deemed to be appropriate depending on the particular situation. When the conflict is in the best interests of the organization, no or limited restrictions are applied. When the conflict is not in the best interest of the organization, the relationship is terminated with the organization or person in conflict.”

“Other than the adminstrator, salaries and wages for the rest of our employees are determined by the administrator. These are included in the annual operating budget which is reviewed and approved by the board.”

“The governing documents, conflict of interest policy, and financial statments are not available to the public.”

“Consulting: program service expenses 73,172. Management and general expenses 76,624. Fundraising expenses 0. Total expenses 149,796. Therapy services: program service expenses 418,967. Management and general expenses 0. Fundraising expenses 0. Total expenses 418,967.”

“Transfer of equity -15,125.”

“The process is consistent with prior years.”