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 owner with relevant information (as hereinafter provided) 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 owner at all times.”

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

“The board of directors must receive approval from the member (milwaukee protestant home) 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; 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 accounting and the chairman of the board prior to filing. The 990 is also provided to all board members to review prior to filing.”

“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.”

“The board periodically engages an outside consultant to assist in determining the compensation for the president/ceo.”

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

“Change in russel allen trust 242,777. Investment income released from temporarily restricted -5,353.”

“This process has not changed from the prior year.”

“Finance construction and equipment for expansion of facility; working capital”