Westminster Services Inc.

“The sole member of the organization is westminster retirement communities, inc.”

“Westminster retirement communities, inc. May elect one or more members of the board of directors.”

“Westminster retirement communities, inc. Must approve dissolution of the organization, sale of substantial assets, new board members or replacement of the management company.”

“The audit committee of the board of directors reviews the 990 before it is filed.”

“The written conflict of interest policy is reviewed and signed annually by the board of directors, officers and employees. With a centralized accounts payable and payroll system, the management company monitors all payments and transactions with vendors. In addition, the organization has a toll-free compliance hotline that can be used by board members or staff to report any issues.”

“SEE BELOW.”

“The organization utilizes numerous salary surveys with like-kind organizations to determine the proper salary/wage amount for each employee.”

“The governing documents, conflict of interest policy and financial statements are made available to the public upon written request.”

“Average hours per week are shared between the related organizations of westminster retirement communities, inc. And presbyterian retirement communities, inc.”

“The entity is organized for exempt charitable, educational, and scientific purposes, including the provision of general operational services to the entities of the westminster retirement communities, inc. (wrc) and presbyterian retirement communities, inc. (prc). All of the entities of wrc and prc are exempt under irc section 501(c)(3). The organization provides certain financial and operational management services to the entities of wrc and prc.”

“Bond obligations: the following tax-exempt bonds were issued for "the obligated group" listed below. Each member of the obligated group has recorded their portion of the bonds based on the expected use of the bond proceeds. All members of the obligated group are individually and collectively obligated under the terms of the bond. Westminster services, inc. Has not received any proceeds from the bond issues. Bond issues: issuer name date issued issue price 2014 orange county health facilities authority 7/02/14 49,158,980 2015 orange county health facilities authority 6/15/15 48,668,087 2016 orange county health facilities authority 12/15/16 176,065,533 2020a st. Johns county industrial development auth 9/28/20 65,855,780 obligated group members and employer identification numbers (ein): presbyterian retirement communities, inc. 59-0931267 westminster shores, inc. 59-0714826 suncoast manor retirement community, inc. 59-0991279 wesley manor, inc. 59-0872675 palm shores retirement community, inc. 58-3725912 westminster retirement communities foundation, inc. 23-7414048 westminster services, inc. 59-3614812 westminster pines, inc. 59-3725902”