Cedar Crest Inc.

“The form 990 is made available to the board prior to filing, and reviewed in detail with the audit committee and board subsequent to filing.”

“The conflict of interest policy is reviewed with each new board member and the new board member signs a conflict of interest statement before attending the first board meeting. Annually the conflict of interest policy is reviewed with all board members and managers and an updated conflict of interest statement is required to be completed by all board members and managers. The conflict of interest statements are summarized and reviewed by the governance committee and any conflicts are reported to the board of directors by the governance committee. If a conflict of interest is discovered that was not disclosed on the conflict of interest statement, the issue is directed to the governance committee for resolution.”

“Each year the executive committee gathers market data for determining compensation of the chief executive officer. This includes, but is not limited to, benchmarks of compensation for similar organizations, provided from independent sources. Based on this information and the results of the performance evaluation, the executive committee of the board of directors sets and approves the compensation for the chief executive officer for the year and documents their approval in writing. This process applies only to the chief executive officer.”

“Financial statements, governing documents and conflicts of interest policies are not required disclosures pursuant to irc section 6104. These documents are made available to the public on receipt of a written request.”

“Cedar crest's mission is to "enrich the quality of life for senior adults at all levels of independence, guided by a spiritually based, not-for-profit culture that fosters compassion and care." as a spirtually based organization, we believe each person whether resident, staff, volunteer, or neighbor is a precious gift to be treated with respect in body, mind, and spirit. We believe senior adults deserve to live their full life with dignity. Therefore, we are dedicated to treating each person who lives at cedar crest as an important and unique individual and to provide the support needed to enhance the lives of our residents. Through integrity and professionalism, clear and inclusive communication, a diverse and dynamic array of living and service options, a respect for individual experiences and choices, and a corporate culture of excellent customer service, we strive to help each resident achieve the highest quality of life possible.”

“Cedar view is a skilled nursing facility providing 24 hour complete care of each resident including but not limited to: feeding, three meals per day plus snacks based on individual diet needs, nutrition management, bathing and dressing, laundry, housekeeping, toileting, medications administration and management, dressing changes, restorative program based on the individual resident's needs, rehabilitation services including physical therapy, occupational therapy, speech therapy, activities meeting the individual needs of each resident, tube feeding, development of and implementing for each resident a complete individual care plan, scheduling of medical appointments, transportation to medical appointments, coordinating care under the direction of the resident's doctor. The program is licensed as an 71 bed skilled nursing facility. The program is medicare and medicaid certified and provides services to residents who pay privately as well as those residents who are entitled to medicare and medicaid benefits. A total of 18,281 resident care days were provided”

“Waterford place apartments are registered with the state of wisconsin as a residential care apartment complex (rcac). This licensure allows residents who have chosen an independent living setting within the cedar crest community to "age in place" through the provision of services in their apartment. The services provide for up to 28 hours of nursing and personal care services are scheduled and are based on nursing assessment and risk agreement between the resident and cedar crest. There are 103 apartments under the rcac registration with approximately 32,399 days of service being provided to the residents.”

“Terrace ridge assisted living is a 44 bed community based on residential facility (cbrf) which is licensed by the state of wisconsin. The program provides services to residents who require limited nursing care but need varying levels of assistance with daily living activities. The program is staffed 24 hours per day, seven days a week with personal care workers and certified nursing assistants. It is also staffed with a full time rn assisted living manager. Up to 3 hours of nursing care per week is provided (directly by an rn) and unlimited number of hours of care with daily living activities. This care includes bathing and dressing, physical therapy, occupational therapy, speech therapy, activities meeting the needs of each resident, feeding, three meals per day and other nutritional needs based on the individual resident, laundry, housekeeping, toileting, dressing changes, medication administration and management, scheduling of medical appointments, transportation to medical appointments, coordinating care under the direction of the resident's doctor as well as other unique needs of each individual resident. A total of 15,672 resident care days were provided.”

“The cedar crest memory care unit is a 24 bed licensed cbrf providing services to those individuals who have been diagnosed with alzheimer or other dementia related diseases. The program provides services to residents who require limited nursing care but need assistance with daily living activities. The program is staffed 24 hours per day, seven days a week with personal care workers and certified nursing assistants. It is also staffed with an rn memory care manager. Up to 3 hours of nursing care per week is provided (directly by an rn) and unlimited number of hours of care with daily living activities. This care includes bathing and dressing, physical therapy, occupational therapy, speech therapy, activities meeting the needs of each resident, feeding, three meals per day and other nutritional needs based on the individual resident, laundry, housekeeping, toileting, dressing changes, medication administration and management, scheduling of medical appointments, transportation to medical appointments, coordinating care under the direction of the resident's doctor as well as other unique needs of each individual resident. A total of 8,662 resident care days were provided.”

“Fmv change in interest swap 912,173. Fmv change in perpetual trust -168,904. Loss on debt extinguishment -74,152.”