Lambeth House Inc.

“Lambeth house, inc. Maintains an annually renewable management operating agreement with broadway services, inc whereby bsi assumes responsibility for managing and operating the lambeth house facility, including the provision of certain healthcare and other services to residents. Broadway services, inc compensates all employees of lambeth house, inc., including the compensated officers listed on part vii. Bsi is a nonprofit entity controlled by lhi.”

“After the completed 990 is received by the organization, it is reviewed by the entire board independent of management. Any questions or comments are then directed to the president of the board. Upon approval, the form 990 is released for submission to the internal revenue service.”

“A disclosure statement is submitted annually by all executive level employees and all members of the board of trustees to disclose any situations that may give rise to a conflict of interest. The board of trustees shall take such actions as may be reasonably necessary to protect the best interests of the organization.”

“The organization has no paid employees. A related entity, broadway services, inc. Compensates all employees, including the compensated officers listed on part vii. The organization establishes compensation using comparable data from similar organizations in similar geographical regions and written employment contracts. Executive compensation is included within the annual budget that is reviewed and approved by the board of lambeth house, inc.”

“The organization's governing documents, conflict of interst policy, and financial statements are available upon request.”

“Earnings of member corporations -2,848,471.”

“The finance committee is responsible for the oversight of the audit.”

“The management fee of $4,455,024 was paid to broadway services inc, a related nonprofit organization. Lambeth house, inc. Is the sole shareholder of broadway services, inc. Lambeth house foundation, st. Anna's asylum for the relief of destitute females and helpless children, episcopal housing for seniors, inc. & broadway services inc are all nonprofit 501(c)(3) public charities which are controlled by lhi and which work toward the same exempt purpose. See also explanation for part vi section a line 3 above.”

“Episcopal housing for seniors, inc (ehs) merged with its supported organization, lambeth house inc on 12/22/2016 under louisiana law. Since lhi was the sole member of ehs, they will continue to carry on the same exempt purpose.”