Phs Rockwood Avenue Inc

“The Executive Director/COO, VP of Finance, and VP of Operations wereemployed by Avinity Services Company through December 2019 and became employees of Presbyterian Homes and Services effective in January 2020, a related tax exempt organization.John Bergeson and Tamara Tasche are also board members of the Avinity Foundation and Dan Lindh, Mark Meyer and Duane Larson are on the board of directors for Presbyterian Homes and Services. Therefore, a business relationship exists between these individuals.”

“Avinity Services Company provides business management services and othersupport functions, including personnel, property, and financial management.The Executive Director/COO, VP of Finance, and Chief Operations Officer wereemployed and compensated by Avinity Services Company through December 2019 and by Presbyterian Homes and Services effective January 2020. Refer to Part VII forcompensation paid by the related organizations.”

“The members of the Board of Directors of Avinity, Inc. are the only membersof this organization.”

“The Organization does not have any committees with the authority to act onbehalf of the governing body.”

“Prior to the Form 990 being filed, it will be provided to the Board ofDirectors for their review. It will also be reviewed by the VP of Finance.”

“The conflict of interest policy requires that all board members, officers,other volunteers and employees must fully disclose all areas of interestwhere potential conflict(s) may exist and that this disclosure should takeplace prior to any transactions being consummated. Transactions withparties with whom a conflicting interest does exist, may be undertaken onlyif all of the following are observed:1. The person with the conflict of interest is excluded from thediscussion and approval of such transaction;2. A competitive bid or comparable valuation exists; and3. The Board, Executive Director/COO, or Vice President of Finance hasdetermined that the transaction is in the best interest of theorganization.To help ensure compliance with this policy, all board members and allemployees are required to complete a conflict of interest disclosurestatement, which are reviewed by the Executive Director/COO or VicePresident of Finance for indication of any potential conflicts of interest.If any material conflicts of interest are determined to exist, they aredealt with on a case by case basis and are brought to the Board ofDirectors attention, as appropriate.”

“Financial statements are available upon request. The governing documents and conflict of interestpolicy may be made available on a case by case basis if requested.”