Presence Life Connections

“Members or shareholders presence life connections has one member, presence care transformation corporation.”

“Persons with authority to elect members of the governing body the corporations sole member, presence care transformation corporation, has the power to appoint members of the governing body, other than ex-officio directors.”

“Decisions of governing body approval by members or shareholders presence care transformation corporation, as the sole member of presence life connections, shall have the reserved powers as designated below. Presence care transformation corporation retains the power of initiation and approval of the following responsibilities. Presence care transformation corporation may delegate the "initiation" of any or all of these responsibilities to presence life connections for final approval by presence prv health, but retains the power to "initiate" these responsibilities. A) approval of the adoption, amendment and alteration of these bylaws and to adopt, amend and alter these bylaws as is reasonably necessary to ensure compliance with applicable law and with the system; b) approval of merger, consolidation, reorganization or dissolution of presence life connections or any of its subsidiaries; c) approval of expenditure of funds or divestiture of assets in excess of the illinois con limit specified in the approved capital budget; d) approval of expenditure of funds or divestiture of assets not specified in the approved capital budget and allocation in excess of $3 million and up to $10 million; e) approval of any voluntary filing for bankruptcy or bankruptcy court protection by presence life connections or any of its subsidiaries; f) approval of any voluntary change to federal tax-exempt status under code 501(c)(3) of presence life connections; g) election and removal, with or without cause, of the directors and chair persons of presence life connections; h) approval of contracts or purchases, litigation or other legal settlements, benefits packages or other matters above amounts as specified form time to time by the presence prv health board of directors; i) approval of all transfers of programs and assets by presence life connections, within or outside of the system; and j) selection of the auditors for presence life connections and each of its subsidiaries, as well as the selection of the banks and other financial depositories utilized and the process for approving signatories on all accounts except for foundation accounts.”

“Form 990 review process the corporation provides a complete copy of its form 990 to all members of the governing body of its ultimate parent corporation, presence health network, for review prior to filing with the irs. The board of directors of the corporation and other subsidiary organizations within the presence health system are internal limited fiduciary boards which do not receive a completed copy of the form 990 prior to filing. As a result, the corporation answers "no", to form 990, part vi, line 11a.”

“Procedures for addressing conflicts of interest the purpose of the conflict of interest policy is to protect the interests of presence health network and all of its affiliated ministries (collectively "presence health") when it is contemplating entering into a transaction or arrangement that might benefit the private interest of any director, trustee, officer, corporate member appointee, member of a committee with board-delegated powers, senior leaders, and others in a recent position to exercise substantial influence over presence health ("interested persons"), and clarify the standards of conduct, duties and obligations of interested persons in the context of potential conflicts of interest by providing a method for disclosing and resolving such potential conflicts. No presence health entity will engage in any contract, transaction or arrangement involving a conflict of interest unless disinterested members of the applicable board of directors or other governing body determine by a majority vote that appropriate safeguards to protect the charitable mission of presence health have been implemented. To facilitate this policy, all interested persons have a continuing obligation to promptly disclose the existence and nature of any actual, apparent, or potential conflicts of interest he/she may have. All disclosures must be provided to the system compliance officer and general counsel in a written description of the material facts. Disclosure shall be on a conflicts of interest questionnaire or similar format as described in the conflicts of interest policy. All interested persons shall also complete a questionnaire based on the assumption of the board (or other relevant) position, and thereafter on at least an annual basis or when an actual, apparent, or potential conflict arises. At any time that an actual, apparent or a potential conflict of interest is identified to the corporations board of directors, whether through the voluntary submission of a disclosure statement by an interested person, or by a disclosure by a person other than the subject interested person, the corporations board or applicable committee shall review the matter and determine whether a conflict of interest exists. Once all necessary information has been obtained, only disinterested directors/committee members vote to determine whether a conflict of interest exists. If a conflict is found to exist the interested person will generally be required to recuse him or herself during any meeting in which the board of directors or applicable committee conducts the evaluation of the subject transaction, except to answer questions as may be necessary. To ensure that the presence health operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its exempt status, transactions involving interested persons are only approved if, after exercising reasonable due diligence, the board determines they are fair and reasonable, taking into account factors such as whether presence health could obtain a more advantageous contract, transaction or arrangement. However, lending money or guarantying an obligation of a director, officer, or employee of presence health (exclusive of customary insurance coverage for acts done in connection with such individuals service to or employment by presence health) is strictly prohibited.”

“Compensation and approval process for officers and key employees compensation for the corporations ceo and other officers and key employees is determined in accordance with written policies and procedures adopted by the board of directors of presence health network, the system parent corporation which shares a mirror board with presence care transformation corporation (pctc) and presence chicago hospitals network (pchn). Such policies and procedures are applied by the human resources committee of the system parent corporation, which consists wholly of independent directors. The system parent corporation uses market data compiled by an independent compensation consultant to establish base salaries and total cash compensation opportunities. The system parents human resources committee monitors executive total compensation and approves all components of executive total compensation, annually reviewing and approving compensation changes for each executive, and regularly reporting its activities to the system parents board. The corporation answers "no" to form 990, part vi, question 15a and 15b per the form 990 instructions as all compensation is paid by a related organization, presence care transformation corporation, the systems statutory employer.”

“Document availability the corporations articles of incorporation are on file with the state of illinois. The consolidated audited financial statements of the corporation, together with its affiliates, are available from the national dissemination agent as required by presence health systems bond documents. Conflicts of interest policies are not made available to the public, however a summary of the current policy is annually included in schedule o of the corporations form 990.”

“STATUTORY EMPLOYER PRESENCE CARE TRANSFORMATION CORPORATION ("PCTC") (FEIN 36-3366652) ACTS AS THE AGENT FOR THE CORPORATION. CASH IS SWEPT FROM THE CORPORATION ON A DAILY BASIS TO PCTC AND PCTC ISSUES ALL PAYROLL AND ACCOUNTS PAYABLE CHECKS ON BEHALF OF AND AS AGENT FOR THE CORPORATION AND THE APPROPRIATE ACCOUNTING ENTRIES ARE RECORDED. FORM 990, PART XI, LINE 9 Other changes in net assets or fund balances INCREASE IN TEMPORARILY RESTRICTED NET ASSETS $ 100,898 NET ASSETS RELEASED FROM RESTRICTION $ 293,757 INTERCOMPANY $ 45,196,587 ============= TOTAL $ 45,591,242”

“DOING BUSINESS AS/ASSUMED NAMES PRESENCE LIFE CONNECTIONS ALSO OPERATES UNDER THE FOLLOWING ASSUMED NAMES: - PRESENCE COR MARIAE CENTER - PRESENCE FORTIN VILLA LEARNING CENTER - PRESENCE FOX KNOLL - PRESENCE HERITAGE DAY BREAK - PRESENCE HERITAGE ESTATES - PRESENCE HERITAGE HOUSE - PRESENCE HERITAGE LODGE - PRESENCE HERITAGE VILLAGE - PRESENCE INTERGENERATIONAL FACILITY - PRESENCE MCAULEY MANOR - PRESENCE OUR LADY OF VICTORY NURSING HOME - PRESENCE PINE VIEW CARE CENTER - PRESENCE SAINT ANNE CENTER - PRESENCE SAINT FRANCIS PLACE - PRESENCE SAINT JOSEPH ADULT DAY CENTER - PRESENCE SAINT JOSEPH CENTER - PRESENCE SAINT VINCENT COMMUNITY LIVING FACILITY - PRESENCE SAINT VINCENT SUPPORTED LIVING ARRANGEMENT - PRESENCE VILLA FRANCISCAN - PRESENCE LIFE CONNECTIONS INCORPORATED - PRESENCE SACRED HEART HOME FORM 990, PART I, LINE 1 MISSION STATEMENT/SIGNIFICANT ACTIVITY Presence Life Connections PROVIDES CARE TO THE ELDERLY IN COMMUNITIES PRIMARILY IN NORTHERN AND CENTRAL ILLINOIS THROUGH LONG-TERM CARE AND SENIOR RESIDENTIAL PROPERTIES IT OWNS AND OPERATES.”

“Mission statement the corporation is part of the presence health system and acts in accordance with the presence health mission, which is as follows: inspired by the healing ministry of jesus christ and as part of presence health, a catholic health system, presence life connections provides healthcare services in a compassionate, holistic manner in the spirit of healing and hope.”

“Compensation and form w-3 transmittal of wages and tax statement presence life connections (the "corporation") reports 0 employees on form 990, part i, question 5 and form 990, part v, question 2a as it is not required to file form w-3, transmittal of wages and tax statement. The corporations compensation is paid by presence care transformation corporation ("pctc"), which issues the forms w-2 and w-3, and the expense is transferred to the corporation. The compensation amounts reported in this 990 reflect the amount transferred to the corporation from pctc.”

“Form 1096 transmittal of u.s. Information returns presence life connections (the "corporation") reports 0 on form 990, part v, question 1a as it is not required to file form 1096, transmittal of u.s. Information returns. All of the corporations accounts payable reportable on form 1096 are paid by presence care transformation corporation ("pctc"), which issues all forms 1099, and the expense is transferred to the corporation. The compensation amounts reported in this 990 reflect the amount transferred to the corporation from pctc.”

“Audited financial statements an independent accountant annually audits the consolidated financial statements of presence health network and its affiliates. The audit opinion is issued on the consolidated financial statements and each affiliate is not separately audited.”

“Description:therapy services total fees:6078536”

“Description:dietary services total fees:5841459”

“Description:temporary labor total fees:1018449”

“Description:pharmacy total fees:666227”

“Description:laundry total fees:506157”

“Description:physician fees total fees:169201”

“Description:other expenses total fees:2044318”