Congregational Church Retirement Community

“Management duties are fulfilled by management company which include, but not limited to financing arrangements, management, consulting and administrative services.”

“There shall be two members of the corporation, retirement housing foundation or its designee and first congregational church of auburn or its designee.”

“Directors shall be elected at the annual meeting of the member.”

“The bylaws may not be amended, repeated or added to, nor may new bylaws be adopted for the corporation except by the written consent of the member, retirement housing foundation.”

“There are no committees with authority to act on behalf of the governing body.”

“The management company thoroughly reviews the form 990 before providing a copy to the governing body and filing.”

“Upon joining the company and annually thereafter, all employees and board members are required to complete and sign a certification ackowledging their understanding and agreement to comply with the company's conflict of interest policy, including disclosing any activities that may appear or may be deemed violations of the policy. Board members and company officers have an additional and more comprehensive conflict of interest policy and certification requirement. Designated management personnel are responsible for tracking the distribution and return of all certifications and for accounting and reporting any disclosures to the company's compliance officer. If further review of any disclosure is merited, the compliance officer forwards the certiication to the company's general counsel, ceo, and/or board for final disposition. Individuals who have made disclosures are advised of final dispositions. Am employee's failure to submit timely certifications, disclosures, and/or to take the necessary required actions to avoid conflicts may be disiplined, up to and including termination. If the individual is a board member, be or she may be subject to removal from his or her position.”

“A related organization compensates the ceo, other top management officials and other officers and key employees. The organization does not compensate any of these individuals.”

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

“The compensation listed on schedule j and elsewhere in this return is for services provided to and paid by retirement housing foundation, which is a related organization that sponsors and manages through subsidiaries approximately 190 tax exempt organizations and partnerships that provide afordable and market-rate housing, skilled nursing and assisted living services for senior adults, low income families and persons with disabilities throughout the united states including the district of columbia, puerto rico and the virgin islands.”

“The management company assumes the responsibility for the oversight of the audit of its financial statements and the selection of the independent accountant”