MID-Peninsula Baker Park Inc.

“The corporate accounting manager completes the 990 questionnaire and pulls all supporting documentation. Then the assistant controller and/or vp&controller reviews the questionnaires and supporting documentation. The assistant controller and/or vp&controller returns the questionnaire to the accounting manager with questions or comments. The questionnaire is then sent to the tax professionals for their preparation of the tax returns. The draft 990 tax return goes through the review of the corporate accounting manager, assistant controller and/or vp&controller and cfo. The final draft 990 tax return is furnished to the president and subsequently to the audit committee for their review and approval. Upon the audit committee's approval, a complete copy of the form 990 is delivered to all members of the board of directors before filing the form.”

“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 condition 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.”

“Management fees: program service expenses 139,782. Management and general expenses 0. Fundraising expenses 0. Total expenses 139,782. Operating and maintenance: program service expenses 114,528. Management and general expenses 0. Fundraising expenses 0. Total expenses 114,528. Garbage removal: program service expenses 85,190. Management and general expenses 0. Fundraising expenses 0. Total expenses 85,190. Capital expenses: program service expenses 61,994. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,994. Asset management fee: program service expenses 59,703. Management and general expenses 0. Fundraising expenses 0. Total expenses 59,703. Taxes and licenses: program service expenses 57,254. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,254. Rent free unit: program service expenses 41,698. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,698. Employee benefits: program service expenses 36,196. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,196. Bond and llc fees: program service expenses 30,561. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,561. Gardening: program service expenses 18,382. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,382. Telephone: program service expenses 12,637. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,637. Staff costs: program service expenses 11,916. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,916. Administrative: program service expenses 10,312. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,312. Workers compensation: program service expenses 8,649. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,649. File and compliance review: program service expenses 7,078. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,078. Printing: program service expenses 4,416. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,416. Property taxes: program service expenses 1,190. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,190.”

“Capital distribution -12,094,953.”

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

“Transfer of partnership interest in mp homestead park associates through mp homestead park llc.”