MID-Peninsula Horizons Inc.

“The corporate assistant controller completes the 990 questionnaire received from the tax accountants and assembles all supporting documentation. Then the controller reviews the questionnaires and supporting documentation. The controller will return the questionnaires to the corporate assistant controller with questions or comments. Once the questions and comments have been addressed, the questionnaires will be sent to the independent tax accountants. After the tax accountants complete the return, the cfo and controller will conduct a detail review of the return. The return is then sent to the president for review. The 990 then goes to the members of the audit committee for review and approval. The return is also sent to each board member for their review and comments prior to filing.”

“A conflict of interest disclosure questionnaire is submitted annually to the board of directors and key employees, who complete and return the forms disclosing any conditions of potential or actual conflict of interest. The disclosures are reviewed by the corporate counsel and the cfo. A summary of the disclosures is presented to the governance committee, which assesses if any conflict of interest actually exists. Any conditions which warrant elevation to the board of directors is done so on a case-by-case basis. As of the reporting date, there has been no reportable conditions of conflict of interest.”

“The vp of human resources prepares compensation information and independent survey data for review and discussion with the governance committee of the board of directors, and then again for the board executive session. The vp of human resources makes a recommendation to the governance committee based on the survey data (governance committee completes the president's annual performance evaluation before any compensation is discussed), and the committee take their recommendation forward to the board for approval. The only executive compensation reviewed and approved by the board is the president and cfo.”

“Governing documents are available upon request.”

“The organization has no employees. Salaries and wages reported in part ix, functional expenses were reimbursements to property management company. The amount was listed to conform with the requirements of federal and/or state regulatory agency and/or lender on audited financial statements.”

“Other admin expense: program service expenses 13,904. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,904. Nursing home/assited living: program service expenses 11,904. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,904. Garbage and trash removal: program service expenses 10,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,632. Administrative rent free unit: program service expenses 9,603. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,603. Supplies: program service expenses 3,747. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,747. Workers comp: program service expenses 2,945. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,945. Management consultants: program service expenses 918. Management and general expenses 0. Fundraising expenses 0. Total expenses 918. Heating/cooling: program service expenses 467. Management and general expenses 0. Fundraising expenses 0. Total expenses 467. Conventions & meetings: program service expenses 441. Management and general expenses 0. Fundraising expenses 0. Total expenses 441. Other renting expenses: program service expenses 121. Management and general expenses 0. Fundraising expenses 0. Total expenses 121. Other taxes: program service expenses 85. Management and general expenses 0. Fundraising expenses 0. Total expenses 85. Bad debts: program service expenses 10. Management and general expenses 0. Fundraising expenses 0. Total expenses 10.”

“The process of overseeing the audit and selecting an independent accountant has not changed from the prior year.”