Christian Care Manor II Inc.

“The ceo, cfo, human resource officer and administrator are compensated by christian care management, inc. For providing oversight of the daily management of the organization. The corporation and management entered into a management agreement on a month-to-month basis under which the corporation is to pay management and bookkeeping fees in an amount specified by the board of directors.”

“The membership of the corporation is composed of and limited to the independent christian churches of arizona.”

“The federal housing commissioner insures the deed of trust and must approve any changes to the articles of incorporation. The organization may not sell or otherwise dispose of more than $200,000 or real property over the objection of 51% or more of the members except in the ordinary course of business and on such terms and conditions as are consistent with the best interest and purposes of the organization.”

“The ceo and cfo will review completed form 990 and provide a final draft to the governing board allowing for a comment period before filing.”

“All members of the board of directors, officers, key employees, highest compensated employees, highest compensated independent contractors and any other person with substantial influence are required to fill out a conflict of interest disclosure statement. Part of this statement requires them to sign and confirm that they have read and understood the company's conflict of interest policy. They also agree to notify the chair of the board or president and/or the ceo immediately if they become aware of any potential conflicts. If an individual has a conflict, they are required to excuse themselves from discussion of the issue and the voting process.”

“The ceo is not compensated by christian care manor ii, inc. The ceo is compensated by christian care management, inc. For his services provided to all related christian care companies. The compensation is determined by looking at comparability data through review of form 990 of other organizations and compensation survey and study. The ceo's compensation is reviewed by the personnel committee and ratified by the independent governing board. The compensation arrangement is documented in a written employment contract. This documentation is prepared in january of each year. The cfo and human resource officer are not compensated by christian care manor ii, inc. The cfo and human resource officer are compensated by christian care management, inc. For services to multiple christian care related entities. Their compensation is determined by looking at comparability data through review of form 990 of other organizations and compensation surveys and study. They do not have written employment contracts. Their compensation is also reviewed annually on their anniversary date.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Employees are employees of christian care management, inc., no ferderal or state payroll reporting is done by christian care manor ii, inc.”

“The bond issue listed in part i line a is issued to two borrowers: christian care manor i, inc. And christian care manor ii, inc. The issue price on form 8038 is $5,535,000. The amount listed in column e is the proportionate share for christian care manor ii, inc.”