Eastcastle Place Inc

“Life care services assumes responsibility, as agent of eastcastle place, to serve as the manager of the community, including the real estate, and in connection therewith, to recommend and regularly evaluate policies and goals of eastcastle place, implement the policies, budgets, directives and goals for the community established by eastcastle place, manage the day-to-day operations of the community in accordance with eastcastle place's policies, directives and goals, provide relevant information as to past operations, and make recommendations as to the future operation of the community. Life care services is an independent contractor, and not a partner or joint venturer with eastcastle place. Life care services shall act under the policies, direction and control exercised by the board of directors of eastcastle place at all times. Additionally, the organization contracts with life care services to lease employees. One such employee is contracted out as the executive director of eastcastle place. Tyler gudex's reportable compensation as executive director is $177,649.”

“The corporation has a single member, milwaukee protestant home, inc.”

“The board of directors must receive approval from the member (milwaukee protestant home, inc.) prior to taking the following actions: approval of the annual operating and capital budgets; amendments to the articles of incorporation or by-laws of the corporation; sell, purchase, convey or otherwise dispose of any real estate held by the corporation; change the mission, purpose or scope of the corporation and its operations, or the location, size or scope of its services, programs, or operations; incurrence of debt for money borrowed or guaranteeing of debt of another, either of which is beyond or outside of the approved annual operating and/or capital budgets and beyond delegated amounts; entry into any contract or commitment beyond or outside of the approved annual operating and/or capital budgets and beyond delegated amounts; selection of corporate officers; adoption or material modification of any employee benefit plans; fundraising campaigns; and administration and investment of endowment funds or restricted gifts.”

“The form 990 is reviewed by the director of finance and the chairman of the board prior to filing with the internal revenue service. The form 990 is also provided to all board members to review prior to filing with the internal revenue service.”

“Annually the members of the board of directors review the conflict of interest policy and sign a document declaring any related parties they may have. They also sign the document attesting to the fact that they have no conflict of interests (other than if they noted a related party). If any member has a conflict of interest in any meeting regarding a vote the board member removes themselves from the vote.”

“Executive director compensation is reviewed and analyzed by management company.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Change in beneficial interest in trust -1,311,231. Change in value of interest rate swap agreement 1,683,871. Net assets released from restrictions -13,000.”