Pilgrim Tower East

“Pilgrim tower east is managed by foundation property management, inc., a professional property management company.”

“The auditing firm sends a draft of the return to the management company who forwards a copy of the return to each board member for their comments prior to filing.”

“The organization has one member and the member is retirement housing foundation, a california nonprofit, public benefit corporation.”

“The directors of the organization will be elected at the annual meeting of the member.”

“The bylaws may be amended, repealed or added to, or new bylaws adopted, by the vote or written assent of a majority of the members.”

“The 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 acknowledging 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 certification to the company's general counsel, ceo and/or board for final disposition. Individuals who have made disclosures are advised of final dispositions. An employee's failure to submit timely certifications, disclosures and/or to take the necessary required actions to avoid conflicts may be disciplined, up to and including termination. If the individual is a board member, he or she may be subject to removal from his or her position.”

“The process for determining compensation for the ceo, executive director, top management officials and other officers or key employees included an extensive review and approval by independent persons.”

“The organization makes its governing documents and conflict of interest policy 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 175 tax exempt organizations and partnerships that provide affordable 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.”

“Project is managed by foundation property management which is a related organization.”

“(b) (c) program service management and expenses general expenses general and administrative 3,215 74,684 bookkeeping costs - 22,185 service coordinator 48,270 - total other expenses 51,485 96,869”

“For the purposes of schedule r, part v, the following applies: retirement housing foundation and foundation property management, inc. Are california not-for-profit corporations that sponsor or manage approximately 175 tax exempt organizations and partnerships that provide affordable 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.”