Copper Ridge Inc

“The executive committee has 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, provides management services to copper ridge, inc.”

“Copper ridge, inc. Is a maryland tax-exempt organization of which integrace, inc., a related maryland tax-exempt organization, is 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.”

“Integrace, inc., a related maryland tax-exempt organization, is the sole member of copper ridge, inc. As sole member, integrace, inc. Has the right to elect the members of the filing organization's board.”

“Integrace, inc., a related maryland tax-exempt organization, is the sole member of copper ridge, inc. As sole member, integrace, inc. Has the right to approve all amendments or alterations to the organization's articles of incorporation and bylaws before changes become effective.”

“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 one certified public accountant. 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.”

“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).”

“The process for the parent 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.”