Bethesda Associates

“Dan Vagle and Dale Turner - Family relationship, Dana Rasic, Nathan Merrill, Dale Turner, Austin Harbach, and Tom Workman - Business relationship”

“The organization's articles of incorporation were amended to add additional wording regarding the organization's purpose. The organization's bylaws were amended to add additional requirements for the qualifications for directors and officers.”

“Bethesda Foundation appoints the entire Board of Directors.”

“The Form 990 is prepared by an independent CPA firm and is reviewed in detail by the CFO and Accounting Manager. The final version of the Form 990 is distributed via email to the organization's Board of Directors for review and comments over a two day period prior to filing. Management answers all questions and incorporates the changes, if necessary, into the Form 990 prior to filing. After two days, the review period is closed.”

“Conflict of interest forms are completed annually by officers, directors and key employees and are presented to the Board for approval. When a potential conflict arises during the year, the officer, director or key employee is responsible for updating the conflict of interest form and the revised form is provided to the Board for approval. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The organization utilizes the services of Payscale,Inc. to perform regular independent compensation studies for all officers and key employees and the results are provided to the Administrative committee of the board for review and approval. The approval process is documented in the minutes.”

“See narrative for Form 990, Part VI, Line 15a”

“The governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“Many of the officers and directors provide services to affiliated organizations. The hours shown are specific to this organization but the compensation is total compensation for services provided to all of the affiliated organizations.”

“Independent Board Members: Board members Daniel Vagle, Dale Turner, Don Morgan, Larry Smith and Jenny Kennedy were reasonably compensated solely for their services provided in their capacity as members of the governing body. Therefore, they meet the definition of an independent board member per the Form 990 instructions.”

“Misc. Income - Total Revenue: 25531, Related or Exempt Function Revenue: 25531, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Change in investment in captive insurance - 104427;”