National Regency of New Berlin Inc

“Wimmer brothers realty performed all property management functions for the regency properties through december 2023. Starting in january 2024, capri senior communities performs all property management functions. They also prepare financial statements for the properties which prohealth care incorporates into its consolidated financial statements.”

“Prohealth care, inc. Is the sole corporate member.”

“The directors are elected annually at a regular or special meeting of the members (prohealth care, inc.)”

“Prohealth care, inc. Holds certain reserved powers over the (non-stock) corporation including approval of strategic planning, annual operating and capital budgets, borrowing, transfer, lease, pledge or sale of assets.”

“After the form 990 was prepared by the organization's tax preparers and prior to filing the form 990, select executive members of the organization and the audit & compliance committee performed a review. Then the organization's tax preparers made a presentation to the audit committee, who then formally approved the form 990, and the board of directors was provided a copy of the return, which was subsequently filed by the organization.”

“All officers, vice-presidents, managers and above, as well as board members are required to annually complete a conflict of interest form. All reported potential conflicts of interest are tracked in the corporate compliance department. They are reviewed and any person identified as having a potential conflict is given direction as to what steps should be taken to mitigate the concern. All employees are educated annually. The steps taken when a conflict arises are as follows: for the board of directors, the restriction is not being allowed to participate in discussion or voting related to any decision where the board member has been determined to have a conflict of interest. For leaders, researchers, and employees, recommendations are made from compliance manager to leadership and/or human resources. Restrictions can range from any of the following: disclosing potential conflicts of interest to patients; not being able to be involved in discussion or decision making on specific topics; and not being able to work at prohealth in the specific role where the reported conflict exists. If the recommendation is challenged, the matter goes to the senior executive team for a decision.”

“An independent, external compensation review is conducted for the positions of ceo, senior executive team members, and vice-presidents. The results of the compensation review are presented to the board's executive committee for approval. Any member of the executive committee whose salary is included in the salary review is recused from the approval process for his/her salary approval. This process was last done in 2024.”

“Financial statements, governing documents & conflict of interest policy are available upon request.”

“Transfer to affliliates -600,000.”

“The audit process has not changed in the current year.”