Nanakuli Community Development LLC

“Since nanakuli community development "ncd" (ein: 83-1036020) was formed as an inactive single member llc wholly owned by waianae district comprehensive health and hospital board, inc. (dba waianae coast comprehensive health center "wcchc" ein: 99-0148164), it was generally subject to the governing policies of wcchc. Currently, ncd does not have separate governing policies but it intends to have its own set of policies, which could be the same as wcchc.”

“The waianae district health and hospital board, inc. Governing board reviews the nanakuli community development form 990 before filing. Nanakuli community development does not currently have a separate board.”

“As nanakuli community development "ncd" (ein: 83-1036020) was formed as an inactive single member llc wholly owned by waianae district comprehensive health and hospital board, inc. "wcchc" (ein: 99-0148164), it follows the governing policies and practices of wcchc. Accordingly, covered under the health center's conflict of interest policy are the board of directors and any non member of the board of directors that serves on a board committee. Determinations on whether a conflict of interest exists is made by 1) reviewing annual disclosure forms completed by board members and non board members who sit on a board committee; and 2) conducting a discussion and holding a vote by board members when a board member/other member discloses a conflict during a board and or board committee meeting. Conflicts of interest are reviewed at the following levels: 1) an annual statement is completed by board members and or non board members who sit on a board committee. 2) disclosure is made at a board and/or board committee meeting.”

“Nanakuli community development intends to complete all governing documents, conflicts of interest policy, and financial statements and make these available upon request.”

“Nanakuli community development "ncd" (ein: 83-1036020) was formed on february 16, 2016 as an inactive single member llc wholly owned by waianae district comprehensive health and hospital board, inc. (dba waianae coast comprehensive health center "wcchc" ein: 99-0148164), a nonprofit state of hawaii corporation for the provision of primary health care services. Ncd was inactive and did not have any transactions or activities until august 8, 2018. On august 8, 2018 ncd filed form 8832, entity classification election, to elect to be a corporation. Ncd filed form 1023, application for recognition of exemption under section 501(c)(3) of the internal revenue code, and was granted exemption effective as of august 8, 2018. Ncd was formed for the purpose of holding leasehold interest and developing real property to be leased to its parent company, wcchc, for its use as a medical clinic.”

“Nanakuli community development (ein: 83-1036020) is included as a subsidiary in the audited consolidated financial statements of waianae district comprehensive health and hospital board, inc. (dba waianae coast comprehensive health center "wcchc" ein: 99-0148164). Wcchc has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. As a result of a federal award, wcchc is required to undergo an audit as set forth in the single audit act and omb circular a-133.”