Irc II Inc.

“Eric n. Gurley is the president and ceo of immanuel, the sole member of irc ii, inc. All compensated board members, officers and other employees are employees of immanuel.”

“Irc ii, inc. Has one member, immanuel.”

“Immanuel, the sole member of irc ii, inc., appoints all of the members of the board of directors.”

“Decisions of the governing body must be approved by the board of immanuel.”

“The form 990 is prepared by an accounting firm with the assistance of the controller, and is then reviewed by the cfo and the controller. Copies of the reviewed return are provided to the board members prior to filing with the irs.”

“Irc ii, inc. Uses the same policy as immanuel, a related organization. The policy states that the board of directors must sign the conflict of interest policy and disclose all conflicts. The governance committee shall decide what actions need to be taken concerning any conflicts. The board member is prohibited from voting on any business related to any conflict the governance committee has identified.”

“Irc ii, inc. Does not have a ceo, executive director, top management official or any key employees the organization directly compensates. Therefore, it is not necessary for irc ii, inc. To have a process to determine compensation for these positions.”

“Irc ii, inc. Does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“All compensation and benefits shown for directors are paid by immanuel, the sponsor organization, for services performed for immanuel or other related entities. The compensation is not paid for services in connection with the position of director for irc ii, inc.”

“Individuals performing services for irc ii, inc. Are employees of immanuel, a related entity. Therefore, immanuel issues the form w-2 for these employees. Because irc ii, inc. Reimburses immanuel for the salaries and benefits of these employees, the expenses for their salaries and benefits are reflected on this return in part ix, statement of functional expenses.”

“Equity transfer from immanuel retirement communities 48,240,776. Extinguishment of debt -278,428.”

“The board of directors of irc ii, inc. Assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from prior years.”