Pacific Retirement Services Inc.

“The executive committee is comprised of the chair, vice chair, secretary and treasurer of the board of directors. The executive committee has the power to act on behalf of the board of directors only on those matters of routine business requiring decisions between regular meetings of the board of directors. The executive committee is also responsible for establishing executive compensation. The executive committee reports its actions at the next regular meeting of the board of directors.”

“The bylaws were amended in april 2017 to increase the maximum number of board members from 15 to 20 and to revise the term limits of directors. The bylaws were amended in july 2017 to add one of rogue valley manor's board members to pacific retirement services, inc.'s audit committee and to udpate the language regarding the audit committee's responsibilities.”

“The form 990 was reviewed by the controller, cfo and the board of directors.”

“The conflict of interest policy and questionnaire are sent to all board members and key employees annually. There are two policies related to conflicts of interest: 1) board of directors; 2)key employees, which identify the purpose, definitions, and procedures. If a conflict is self-identified by a board member or key employee in the questionnaire and/or meeting, procedures are followed and documented according to the policy.”

“A compensation committee of the prs board exists to determine compensation for the executive director of each community. This committee is comprised of the officers of the prs board of directors. The committee has a charter that outlines its duties and responsibilities. It also has agenda elements that describe the activities that the committee undertakes during the year. The vice president of human resources provided salary studies from the following resources to the committee relative to executive director compensation: salary.com, payscale.com, 990 review (like size organizations), cemo (chief executive officers of multi-facility organizations) salary study results, and industry state association salary study results based on geographical location. The recommendation for base compensation and bonus are provided by the immediate supervisor, based on study finding and performance factors.”

“All requests go through the corporate counsel.”

“The independent contractors reported in form 990, part vii, section b provide services to pacific retirement services, inc. ("prs") and to its affiliates. The amounts reported as paid to these independent contractors are the total amounts paid by prs for services to provided to prs and its affiliates.”