Immanuel Community Foundation

“Eric n. Gurley is the president/ceo of immanuel, ein 47-0733774, a related entity. All compensated board members, officers and employees are employees of immanuel.”

“Immanuel community foundation has three members, immanuel retirement communities, immanuel home and community resources, and immanuel long term care.”

“Immanuel retirement communities, immanuel home and community resources, and immanuel long term care have the right to appoint and remove directors.”

“Immanuel retirement communities, immanuel home and community resources, and immanuel long term care, the members, have rights to approve any amendment, or to initiate or adopt amendments to the articles or bylaws of immanuel community foundation.”

“The form 990 is prepared by an accounting firm with the assistance of the controller, and is then reviewed by the cfo and the controller. Copies of the reviewed return are provided to the board members prior to filing with the irs.”

“Immanuel community foundation uses the same policy as immanuel, a related organization. The policy states that the board of directors must sign the conflict of interest policy and disclose all conflicts. The governance committee shall decide what actions need to be taken concerning any conflicts. The board member is prohibited from voting on any business related to any conflict the governance committee has identified.”

“Immanuel community foundation does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“All compensation and benefits shown for directors are paid by immanuel, the sponsor organization, for services performed for immanuel, immanuel community foundation, or other related entities. The compensation is not paid for services in connection with the position of director for immanuel community foundation.”

“Immanuel community foundation does not have a ceo, executive director, top management official or any key employees the organization directly compensates. Therefore, it is not necessary for immanuel community foundation to have a process to determine compensation for these positions.”

“Individuals performing services for immanuel community foundation are employees of immanuel, a related entity. Therefore, immanuel issues the form w-2 for these employees. Because immanuel community foundation reimburses immanuel for the salaries and benefits of these employees, the expenses for their salaries and benefits are reflected on this return in part ix, statement of functional expenses.”

“Other fees: program service expenses 2,097. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,097. Speaker fees: program service expenses 72,083. Management and general expenses 0. Fundraising expenses 0. Total expenses 72,083.”

“The board of directors of immanuel community foundation assumes the responsibilty for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from prior years.”