Newcastle Place Inc

“Bylaw changes not previously reported august 2008 revisions: the number of the directors shall be no less than 12 and no more than 18. Terms are 3 years and no longer than 3 consecutive terms. Board of directors meetings shall not be conducted by e-mail. The audit committee and the investment advisory committee are now included in the standing committees of the corporation. October 2009 revisions: board meetings will be held 4 times annually. Chairman elect position created and will be filled 1 year prior to expiration of chairman's term. The finance committee shall have 4 board members in addition to the treasurer, board chairman, chairman elect, or vice chairman. October 2011 revision: a director who fills a vacancy through election to an unexpired term is eligible for three additional 3-year terms. August 2012 revision: minimum number of directors was reduced from 12 to 9. November 2012 revision: delete references to ceo and cfo.”

“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; selection of corporate officers other than the vice president of finance/cfo; 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.”

“Prior period adjustment-ajustment to prior year asset sale 45,081. Transfer of assets to milwaukee protestant home -6,188,213.”