Ross Valley Homes Inc

“Sequoia living, inc., a california nonprofit corporation, is the sole member of ross valley homes, inc.”

“Sequoia living, inc. Has the right to appoint and remove a majority of directors of ross valley homes, inc. Board.”

“The following actions of ross valley homes, inc. Shall not be implemented without the approval of the corporate member: (a) merger, consolidation or dissolution of the corporation; (b) amendment or restatement of the articles of incorporation or the bylaws of the corporation; (c) approval of aggregate operating and capital budgets; (d) aggregate borrowing for periods of one (1) year or less for any purpose in excess of a dollar amount to be established by the member from time to time; and aggregate borrowing for periods of more than one (1) year for any purpose in excess of a dollar amount to be established by the member from time to time. (e) purchase, sale, lease, disposition, hypothecation, exchange, gift, pledge and encumbrance of any asset, real or personal, with a value in excess of a dollar amount to be established by the member from time to time, not previously included in the capital budget; (f) appointment of the independent auditor and corporate counsel; (g) appointment of the president and chief executive officer; (h) adoption of organizational strategic plans, corporate objectives and programs.”

“The form 990 is prepared by moss adams llp, based on the information provided by the organization's staff. Prior to filing, the form 990 is distributed to all members of the board of directors and reviewed by the audit & compliance committee of the board of directors. Once the form 990 is approved by the committee, moss adams llp signs as preparer and the chief financial officer signs on behalf of the organization.”

“Ross valley homes, inc. Annually reviews any conflicts disclosed by its board members. Any questions that arise regarding potential conflicts are addressed immediately. Board members who have a conflict of interest do not vote on any matter related to the issue for which they have the conflict.”

“Governing documents, the conflict of interest policy, financial statements, and the form 990 are made available to the public upon rqeuest. The financial statements and form 990 are also available through the sequoia living, inc's website.”

“Transfer of net assets to sequoia living, inc. 4,980,439.”