United Methodist Senior Services of Tupelo Area Inc.

“The form 990 is prepared by a cpa firm and reviewed by the vp for finance. It is then posted to the mississippi methodist senior services,inc. Intra-net and made available to all board members for review prior to filing with the irs.”

“A FORM IS COMPLETED ANNUALLY BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES THAT DISCLOSES INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE FORMS ARE REVIEWED BY A COMPLIANCE OFFICER. PERSONS WITH CONFLICTS OF INTERESTS ARE EXCLUDED FROM BOARD DELIBERATION AND ABSTAIN FROM ANY DECISIONS WHERE THE CONFLICT EXISTS. Form 990, Part VI, Section B, Line 14: The organization does not have a formal written document retention and destruction policy, but it does follow informal procedures regarding such matters. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR EMPLOYEES. ALL COMPENSATION IS PAID BY THE ORGANIZATION'S PARENT, MISSISSIPPI METHODIST SENIOR SERVICES, INC.”

“All documents are available upon request.”

“CERTAIN RECLASSIFICATIONS HAVE BEEN MADE TO 2013 TO BE CONSISTENT WITH CURRENT YEAR FINANCIAL STATEMENT PRESENTATION. THESE RECLASSIFICATIONS HAD NO EFFECT ON THE CHANGE IN NET ASSETS. FORM 990, PART VI, SECTION A, LINE 3: The corporation's parent organization, Mississippi Methodist Senior Services, Inc., provides overall management services including operational management supervision, development and marketing, human resources management, legal and risk management services, and financial and accounting management, for which it is paid a management fee. FORM 990, PART VI, SECTION A, LINE 6: The corporation has one member, Mississippi Methodist Senior Services (MMSS), a non-stock, nonprofit corporation, exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. The board of directors of MMSS shall vote the membership interest of MMSS in the corporation. In all meetings of the membership, the member, MMSS, shall be entitled to one vote, which vote shall constitute the action of the membership. The board of directors of MMSS, at any duly held meeting of directors, shall have the authority to vote the membership interest of MMSS in the corporation. FORM 990, PART VI, SECTION A, LINE 7A: The corporation's nominating committee shall make recommendations to the MMSS nominating committee for persons to serve on the corporation's board of directors. Nominations for persons to serve on the corporation's board of directors shall be made by the MMSS nominating committee. Nominations may also be made by the membership. Any vacancy in the board of directors shall be filled for the unexpired term by the membership, in consultation with the corporation's board of directors. FORM 990, PART VI, SECTION A, LINE 7B: The board of directors of the corporation shall adopt and keep current a statement of the corporation's purposes and major policies which shall be forwarded to the MMSS board of directors for approval and modification. In addition, the board of directors may have delegated to it or rescinded from it by the MMSS board of directors some or all of the following duties, responsibilities, and powers: (a) Make provision for quality residential, long-term health care commensurate with community needs and resources. (b) Recommend and implement board approved changes in bylaws, policies and procedures, for the operation of the corporation's facilities and services. (c) Provide for the preparation of an annual operating and a three-year capital budget to be approved by the MMSS board of directors and regularly review financial budget performance. (d) Work cooperatively with local churches, social welfare and civic agencies, and the community at large to address the problems of the aging. (e) Provide for the development, review and updating of long-range plan relating to needs of the elderly within the area of service. (f) Adopt and implement a community relations and development program compatible with local needs and resources to broaden the local support and financial base of the corporation. (g) Submit to the MMSS board of directors such recommendations and comments as are appropriate regarding the corporation, in support of quality services for the elderly in the local community. (h) Participate in the process of selection, review and retention of the executive director. (i) Work cooperatively with MMSS and its other subsidiary corporations, sharing responsibility for the welfare of the whole.”

“Certain assets and liabilities for 2013 have been reclassed to be consistent with current year reporting.”

“Interfund transfers: (11,290)”