Auburn Senior Services Inc.

“The corporations members consist of designated members and elected members. The designated members include the bishop of the roman catholic diocese of syracuse, new york; the vicar general of the roman catholic diocese of syracuse, new york; the director of catholic charities of the roman catholic diocese of syracuse, new york; and the chair of lmc. The elected members are various central new york community individuals.”

“The members have the power to name other members of the corporation at any annual special meeting of the members, or as otherwise permitted under the not-for-profit corporation law of the state of new york.”

“Before filing, a copy of form 990 was reviewed by the finance committee. The finance committee is comprised of members of the board of trustees. The return was made available to all members of the committee for review prior to filing.”

“On an annual basis the nominating and development committee of the loretto board of trustees requests all trustees to complete a conflict of interest assessment. The assessments are returned to the executive office and reviewed for any potential conflicts. Should a conflict arise, trustees are asked to recuse themselves from the deliberations and the decision making process regarding the transaction. Additionally, all employees are required to attest annually to a corporate code of conduct which address conflict of interest issues.”

“The compensation and benefits committee of the board of trustees of loretto (the committee) is responsible for reviewing and approving proposed compensation and benefit arrangements for key employees (covered persons). In reviewing the reasonableness of proposed compensation and benefit arrangements for covered persons, the committee considers a detailed description of the compensation/benefit arrangement recommended and the reasons for the recommendation, including external labor market data and comparability information for similarly situated persons at like organizations. Comparability information is obtained from independent sources and from research of publically available data (e.g, wage and benefit survey data). Both external data and internal factors are taken into account by the committee as it reviews compensation and benefit recommendations. When making 2018 compensation decisions, management benchmarked competitive executive compensation levels using multiple industry compensation surveys. The committee documents decisions and the basis for decisions regarding compensation and benefit arrangements for covered persons in the form of minutes that are maintained for all meetings of the committee. Covered persons are excluded from deliberations regarding recommended compensation and benefit arrangements.”

“SEE PT VI, LINE 15a”

“The organization provides form 1023 and form 990 to the public, upon request.”

“The organization provides other information required under internal revenue service regulations to the public, upon request.”

“The loretto finance committee assumes responsibility for oversight of the organization's audit and selection of an independent auditor.”

“Kimberly townsend is the president and ceo of the loretto organization, which includes all entities listed on schedule r. Douglas tucker is the medical director at loretto independent living services, inc. Karen heitzman is a physician at loretto independent living services, inc. Twinkel patel is a physician at loretto independent living services, inc. John murray is cfo of the entire loretto organization, which includes all entities listed on schedule r. Jack pease is the administrator at loretto health & rehabilitation center brenda mccutcheon is the vice president of mission of the loretto organization, which includes all entities listed in schedule r. Holly hoehner is the vice president of general counsel of the loretto organization, which includes all entities listed on schedule r. Joelle margrey is the vice president of clinical skilled nursing at loretto health and rehab center, which includes all entities listed in schedule r. Allison wollen is the vice president of human resources of the loretto organization, which includes all entities listed on schedule r. Julie sheedy is vp of marketing for the loretto organization, which includes all entities listed on schedule r.”

“Line 9 this number represents change in fair value of interest rate swap (379,320)pension-related charges other than net periodic benefit cost (82,860).”