Wesley Homes Inc.

“Draft copies of the Form 990 are supplied to members of the Audit Committee of Wesley Woods Senior Living, Inc. and senior management prior to a scheduled audit committee meeting. At that meeting, each section of the Form 990 and accompanying schedules are reviewed by the committee and discussed thoroughly with senior management and external auditors, if necessary. Any additions, deletions and/or modifications agreed upon by the committee are incorporated into the return. A copy of the final Form 990 is then provided to each board member and filed with the Internal Revenue Service.”

“A conflict of interest questionnaire is required to be completed annually by board members, officers and key employees. In addition, each person is sworn to bring to the attention of management or the board any conflict of interest that should arise during the year. All conflict of interest issues are reviewed and approved or disapproved by the executive committee or board of directors, if necessary.”

“Compensation studies from executive search firms and/or similar studies conducted internally by the human resources division of the company's management agent (Wesley Woods Center of Emory University, Inc. are used in determining the salary of officers and key management personnel.”

“The organization's governing documents, conflict of interest policy and financial statements are not available through any type of publicly available print media or website. However, any person requesting such documents in person, writing, email or phone will be provided a printed or electronic copy of these documents.”

“All payments to vendors and/or independent contractors are made thru the parent organization, Wesley Woods Senior Living, Inc. (WWSL), which functions as a paymaster/central treasury for all subsidiary organizations. Therefore, the number of forms reported on the form 1096 is zero for this organization. All forms are filed by and reported on the returns of WWSL.”

“All staff is employed by Wesley Woods Center of Emory University, Inc. (WWCEU), a related organization. The employees are leased to Wesley Woods Senior Living, Inc. (related, controlling organization) and Affiliates (990 reporting organization). All employment tax returns are filed by the related organization (WWCEU) for wages earned at Wesley Homes, Inc. The number of employees that would have been reported on this line if employed directly by Wesley Homes, Inc. was 112.”

“There are no uncertain liabilities reported on the audited financial statements under FIN 48 (ASC740-10).”

“There have been no changes in the auditor selection, nor financial statement monitoring process conducted by the Board.”