Wesley Homes Inc.

“A related entity, wesley woods senior living, inc provides management services to the filing organization and was compensated $692,612.”

“Draft copies of the form 990 are supplied to members of the audit committee of wesley homes, 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 mod1f1cat1ons 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 1s 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 by the human resources department 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. How ever, any person requesting such documents in person, writing, email or phone will be provided a printed or electronic copy of these documents.”

“Change in interest of affilates net assets 104,352.”

“There have been no changes to the auditor selection process nor financial statement oversight process. The same auditors as the previous year continued to perform audit services.”

“There are no uncertain liabilities reported on the audited financials under fin 48.”

“Prior to december 20, 2015, all staff were employed by wesley woods center of emory university, inc. (wwceu) (related organization) and leased to wesley woods senior living, inc. (wwsl) (related, controlling organization) and affiliates (990 reporting organization). Subsequent to december 19, 2015, management and employee lease agreements with wwceu were terminated resulting in the termination of all employees by wwceu. The employees were then immediately hired by wwsl and leased to the reporting organization. All employment tax returns were filed by wwceu and/or wwsl. The number of employees that would have been reported on this line if employed directly by wesley homes, inc was 108.”