Unknown Organization

“Lad lake, inc. (ein: 39-0806398) is the sole member of st. Rose youth & family center, inc.”

“The board of directors for st. Rose youth & family center, inc. Is elected by the sole member at an annual meeting of the members.”

“A decision to amend the articles of incorporation or bylaws needs to be approved by lad lake, inc.”

“All required tax form data is compiled by the organization as a function of preparation for the organization's annual audit. The compiled tax data is then submitted by the organization to its external accounting firm for preparation of the 990 return. Upon completion of a draft of the 990 return, it is submitted by the accounting firm to the organization for internal review. The 990 draft is reviewed for accuracy and completeness and suggested adjustments are provided to the external accounting firm. If necessary, the external accounting firm prepares an updated 990 draft and resubmits it to the organization for continued internal review. The 990 is then submitted to the organization's parent corporation's finance committee of the board of directors and a copy is provided to all board members. The 990 is sent to the organization's external accounting firm for filing with the irs upon approval by the president of the board of directors.”

“At the beginning of each calendar year the assistant to the ceo solicits completion of the annual statement regarding conflict of interest of all st. Rose board members and key employees. Any identified potential conflicts of interest are reported to st. Rose's administration for review and appropriate action.”

“The services of key employees are provided by lad lake, inc. The human resource committee, which is made up of independent persons, meets annually to review the compensation recommendations made by the ceo for key employees. The human resource committee determines the compensation of the ceo. In making its determination, the committee reviews relevant comparability data and considers the reasonableness of the compensation.”

“The form 990 is available upon request and on another's website. The organization's articles of incorporation are available to the public from the wisconsin department of financial institutions. If a request were made for copies of the organizations bylaws, the organization would provide them.”

“During the year ended december 31, 2013, st. Rose youth and family center, inc. Was merged into lad lake, inc. All assets, liabilities, and net assets were transferred to the surviving organization. All activities, with the exception of the unrelated rental income reported on this 990, of the merged organization for the year ended december 31, 2013 are reported on the 990 filed for lad lake, inc.”

“Transfer of 12/31/12 net assets to lad lake, inc. -3,010,466. Transfer of 2013 income to lad lake, inc. -23,476.”

“The organization's committee that assumes responsibility for oversight of the audit, and selection of an independent accountant have not changed their process from prior years.”