Carle Retirement Centers Inc.

Form 990, Supplemental Information

“Part vi, line 2 family or business relationships chairman of board, james leonard, md, vice chairman of board, john snyder, officer, r. Bruce wellman, md, and key employee, laurence fallon had business relationships. Chairman of board, james leonard, md, vice chairman of board, john snyder, and treasurer of board, dennis hesch had a business relationship. Part vi, question 6 carle retirement centers, inc. Has one member which is the parent company, the carle foundation. Part vi, question 7a carle retirement centers, inc.'s sole member, the carle foundation, acting through its board of trustees, has the exclusive power to elect and remove members of the board of trustees for the corporation in addition to filling vacancies. Part vi, question 7b carle retirement centers, inc's board of trustees must have the approval of its sole member, the carle foundation, through its board of trustees, when voting on matters including the amending of the by-laws; amendments to the articles of the corporation; authorizing any non-budgeted expenditure in excess of $20,000 (the excess of any proposed expenditure over the previously approved budgeted amount shall be deemed a non-budgeted expenditure); to adopt any new or any changes to existing long term or master institutional plans of the corporation; to adopt any annual or long-term capital or operational budgets of the corporation or any changes exceeding the greater of five percent (5%) of the total original budget or $5,000; the approving of any merger or consolidation of the corporation with another corporation; sale, mortgage or other disposition of all or substantially all of the assets of the corporation; to organize or acquire, or to authorize or approve the organization or acquisition of any subsidiary or affiliate of the corporation; the approval of any contributions, grants, or loans by the corporation to any organization or corporation other than the sole member of the corporation or an affiliate, exceeding $10,000 for any fiscal year; and to adopt a plan of dissolution of the corporation. Part vi, question 11b the form 990 was prepared by staff and an external tax advisor and reviewed by management. Prior to filing this form 990, a full and complete copy was provided to the governing body by posting to the organization's director communication portal. Also before filing, the governing members received notification that the form 990 was posted and available for their review. At their discretion, the governing members have the opportunity to contact management or discuss and address concerns at subsequent board meetings. Part vi, question 12c the organization's established conflict of interest policies require annual disclosure of actual and potential conflicts of interest for officers, directors, trustees, members of board committees, administrative and managerial employees as well as all employees of the purchasing department. If circumstances change during the course of a year, interim disclosure is also required of the same individuals. The disclosures of employees are reviewed initially by the human resources department and any identified conflicts are referred to, and addressed by, the organization's internal legal counsel and/or corporate integrity officer. The disclosures of trustees and members of board committees are reviewed by the chair of the board. The entire board absent the subject trustee or committee member determines whether a conflict exists. Trustees and/or board committee members with identified conflicts are required to recuse themselves from voting on matters related to their conflicts. The organization also maintains purchasing policies requiring counter signatures to further minimize the risk associated with conflicts of interest. Part vi, questions 15a & 15b carle retirement centers, inc. Does not compensate its officers. Employee compensation for these individuals is compensated by the parent organization, the carle foundation. The board of trustees of th”