Elder Care of Alachua County Inc.

“A husband and wife (Merton and Danielle Chumack) serve together on the board.”

“Shands Teaching Hospital and Clinics, Inc. is the sole member”

“The sole member of the Corporation shall be Shands Teaching Hospital and Clinics, Inc., a Florida not-for-profit corporation.”

“The sole member expressly reserves the power, exercisable in its sole discretion:a)To make and approve the Articles of Incorporation and the Bylaws of the Corporation and to adopt amendments. Recommendations for changes in the Articles, Bylaws and Amendments, approved by the Board, may be submitted to the Chief Executive Officer (CEO) of the sole member.b)To select the directors and officers. Recommendations for a slate of nominations for officers and directors, which have been approved by the Board, may be submitted to the CEO of the sole member; andc)To exercise all power and authority reserved to the Corporation by virtue of its membership in other corporations. In addition, the sole member of the Corporation may reserve other powers to it by amendment.”

“The return was reviewed by the Vice President of Finance of Shands Teaching Hospital and Clinics, Inc.”

“The Legal Department receives and reviews the information disclosed by employees regarding conflict of interest issues and, in cooperation with the Corporate Compliance Department, determines whether disclosures made by the employees would involve conflict of interest issues and how to resolve them.”

“Mercer, an independent firm engaged in the development of compensation surveys on executive pay levels across different industries, provides competitive data on determining appropriate and reasonable ranges and salaries. Mercer's methodology consists of the following steps: 1) Analysis by position and based on job content 2) Reference of multiple national survey sources for not-for-profit healthcare executive compensation 3) Existing base salary range midpoints were updated to more closely align with the market 50th percentile value for each role. Evaluated the compensation of Shands' total cash compensation levels, recommended incentive compensation ranges and supplemental benefits.”

“Mercer also reviews the other officers and key employee compensation”

“The audited financial statements and the Federal Form 990 are available upon request.”

“Reconciling Items are: 1) Expense to Part 8, line 6b, Rent of $63,579 2) Expense to Part 8, line 8b, Fundraising Expense of $32,028 and 3) Eliminations of In-Kind of ($7,472)”