St. Francis Kupuna Communities

“The sole corporate member of st. Francis kupuna communities is st. Francis healthcare system of hawaii.”

“St. Francis healthcare system of hawaii, as the sole corporate member, approves the appointment of the board of directors of st. Francis kupuna communities.”

“St. Francis healthcare system of hawaii, as the sole corporate member, has the following powers reserved to approve the following: a) approve any change in the philosophy, mission, and/or purpose of the corporation; b) approve the adoption and/or amendment of the articles of incorporation; c) approve the adoption and/or amendment of the bylaws; d) approve the appointment of directors to the board of directors, and removal of directors with or without cause; e) approve or disapprove any sale of all or substantially all of the assets and/or services, or any merger, consolidation, reorganization, divesting transaction or any similar transaction regarding the same, plus all other ancillary transactions necessary or appropriate to consummate the same; f) approve the dissolution of the corporation and disposition of assets; g) approve the purchase, sale, lease or mortgage of real property; h) approve the purchase, sale, or gift of capital assets that (i) are not within the corporation's annual budget, or (ii) are above $50,000.00 or for commitments greater than one (1) year; and i) approve the corporation's annual budget, including budgets for operations, capital expenditures, and cash flow.”

“The form 990 and supporting workpapers were reviewed by the chief financial officer of st. Francis healthcare system of hawaii (sole corporate member) and the company's tax advisors, kmh llp. A copy of form 990 was provided to the board of directors prior to filing with the irs.”

“A conflict of interest questionnaire is completed prior to employment for all employees and directors. Conflict of interest questionnaires are reviewed by hr personnel and updated on an annual basis. After review by hr personnel, potential concerns are referred to management personnel and recommendations for resolutions of conflicts are referred to the corporate compliance steering committee. If a potential or identified conflict of interest cannot be resolved by the aforementioned committee, the matter will be referred to the organizational ethics committee for advice and recommendation.”

“The organization's governing documents, conflict of interest policy, and financial statements are provided to the general public upon request.”

“St. Francis kupuna communities was formed for the purpose to support the existence, activities and operations of other related charitable, tax-exempt organizations, namely st. Francis healthcare foundation of hawaii. In addition, through joint venture ho'okahi health llc, st. Francis kupuna communities is creating healthy communities and furthering the health and general welfare of the elderly by providing housing, healthcare and activities of daily living.”

“Expenses not on books, deducted on return from hookahi health llc -902,083.”