Copper Ridge Inc

“The executive committee had the authority to transact such business as shall be necessary for the administration and operation of the corporation between board of directors' meetings subject to certain limits specified in the bylaws.”

“Acts management services, inc., an affiliated entity, provided management services to copper ridge, inc.”

“Effective 12/31/2022 at 11:59 pm, copper ridge, inc. Merged into integrace, inc. (ein 52-1710891). See schedule n for the distribution of assets upon dissolution.”

“Copper ridge, inc. Was a maryland tax-exempt organization of which integrace, inc., a related maryland tax-exempt organization, was the sole member. Effective 4/1/2019, integrace, inc. And its subsidiaries affiliated with acts retirement-life communities, inc., a related pennsylvania tax-exempt organization. Acts retirement-life communities, inc., through its wholly owned subsidiary acts acquisition and development company, llc, became the sole member of integrace, inc. Effective 4/1/2019. Effective 12/31/2022 at 11:59 pm, copper ridge, inc. Merged into integrace, inc. (ein 52-1710891).”

“Integrace, inc., a related maryland tax-exempt organization, was the sole member of copper ridge, inc. As sole member, integrace, inc. Had the right to elect the members of the filing organization's board. Effective 12/31/2022 at 11:59 pm, copper ridge, inc. Merged into integrace, inc. (ein 52-1710891).”

“Integrace, inc., a related maryland tax-exempt organization, was the sole member of copper ridge, inc. As sole member, integrace, inc. Had the right to approve all amendments or alterations to the organization's articles of incorporation and bylaws before changes become effective. Effective 12/31/2022 at 11:59 pm, copper ridge, inc. Merged into integrace, inc. (ein 52-1710891).”

“After review by the acts' cfo, the form 990 is reviewed, before filing, by the acts board of directors' audit and compliance committee, which includes two certified public accountants. The form 990 is then provided to the other members of copper ridge, inc.'s governing body before filing.”

“A conflict of interest questionnaire is completed on an annual basis by the organization's officers, directors and trustees. The officers and directors report on any family or business relationships with any board member, officer or key employee of the organization and its affiliates. If any family or business relationships are disclosed, they are reported on schedule l as appropriate. In addition, the responses are reviewed by the president & ceo, and chairman of the board of directors to determine if conflicts are present and if so, the extent of the conflict. For conflicts that arise, the officer, director or trustee must recuse themselves from participating in deliberations and decisions that involve the determined conflict.”

“It has been the practice of the management company, acts management services, inc., to utilize an independent compensation consultant on an approximately biennial basis for the purpose of reviewing the compensation program for the organization's top management positions, ranging from the community managers up to the ceo. The study, the latest version of which was completed in 2020, includes comparison of not-for-profit and for-profit competitors, operating effectiveness, and identification of industry specific trends or practices in compensation or recruitment/employment. Measurement and action are generally focused at the levels from the median up to the seventy-fifth percentile as identified in the study. Compensation adjustments for the president & ceo are determined by a committee of independent board members appointed by the chairman and are based on the findings of the most recent study and a review of performance compared against objective criteria. This determination is reported to and approved by the board of directors and is documented in writing by the board chair. Similarly, compensation adjustments for the most senior members of management reflect study findings and performance measurement against specified criteria and are determined by the ceo and reviewed with the board chair.”

“The organization's governing documents and conflict of interest policies are filed with numerous regulatory authorities and therefore, are available to the public. In addition, upon receipt of a request and its review, the organization will make available such documents, as deemed appropriate. Audited financial statements are made available to the public. Certain financial statements, such as annual reports, are posted to the organization's website.”

“Other compensation includes accruals for a deferred supplemental executive retirement plan for karen i. Christiansen (non-vested), glenn d. Fox (non-vested), and gerald t. Grant (non-vested).”

“Merger into integrace, inc. (ein: 52-1710891) 1,967,253.”

“The process for the organization's audit and compliance committee oversight of the annual audit of its financial statements and those of its affiliates has not changed from the prior year.”