Twelve Oaks Foundation

“Daily management of twelve oaks is conducted by northstar senior living, inc., a california corporation. During the 2017 year, northstar provided advice on the renovation of the buildings; prepared the licensing applications required to operate the property as a senior home; interviewed, hired and trained staff in preparation for the opening of the home; marketed the property; and implemented all of the necessary systems needed for the operation of the property, including payroll, accounts payable, billing and accounting, food service management, physical plant and maintenance.”

“A draft of form 990 was provided to the current board for their review. Any questions were raised with the organization's cpa/tax preparer (cpa) and if necessary, changes were made by the cpa before the return was filed.”

“On an annual basis, a conflict of interest policy questionnaire is sent to all board members who are required to complete and submit such questionnaire.”

“Part vi, line 15(a)and (b) were answered no as there no officers or key employees as defined in form 990 instructions were compensated.”

“Governing documents are available upon request.”

“The amount shown paid to northstar senior living, inc. Represents both their fee and costs associated for supervisory personnel. See disclosure elsewhere on sch o for part vi, line 3 of the form 990 for full services northstar senior living, inc. Provided.”

“Dietary: program service expenses 39,374. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,374. Property administation: program service expenses 15,727. Management and general expenses 15,728. Fundraising expenses 0. Total expenses 31,455. Activities: program service expenses 6,309. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,309. Licenses: program service expenses 1,448. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,448. Other: program service expenses 0. Management and general expenses 590. Fundraising expenses 0. Total expenses 590. Housekeeping: program service expenses 224. Management and general expenses 0. Fundraising expenses 0. Total expenses 224. Bank charges: program service expenses 0. Management and general expenses 177. Fundraising expenses 0. Total expenses 177.”