| FORM 990, PART VI, SECTION A, LINE 2 |
JAMES J. DALY, ESQ., A MEMBER OF THE BOARD OF DIRECTORS, IS THE FATHER OF FELLOW BOARD-MEMBER, BETH DALY. |
| FORM 990, PART VI, SECTION A, LINE 6 |
THE SOLE MEMBER OF THE CORPORATION IS THE CARMELITE SYSTEM, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A |
THE CORPORATE MEMBERS RETAIN THE RIGHT TO APPOINT OR REMOVE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS REGARDING THE REVIEW, AND A COPY OF FORM 990 IS PROVIDED TO THE BOARD BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE SIGNS AN ANNUAL STATEMENT INDICATING THAT THEY COMPLY WITH THE SIGNED STATEMENTS ON AN ANNUAL BASIS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS ACTUAL CONFLICTS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXIST. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION OF TOP MANAGEMENT IS DETERMINED BY THE COMPENSATION COMMITTEE USING INFORMATION FROM COMPENSATION STUDY PREPARED BY INDEPENDENT CONSULTANT. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH MAKES THE ULTIMATE DECISION REGARDING COMPENSATION. ALL MEMBERS OF THE EXECUTIVE AND COMPENSATION COMMITTEES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENTS BEING REVIEWED AND APPROVED AND THE PROCESS IS DOCUMENTED IN THE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDESTAR'S WEBSITE. |
| FORM 990, PART XI, LINE 9: |
PENSION RELATED CHANGES OTHER THAN NET PERIODIC COSTS -269,896. ROUNDING 2. |
| OVERSIGHT OF AUDIT - FORM 990, PART XII, LINE 2C |
THE CARMELITE SYSTEM, INC. APPROVES THE ENGAGEMENT OF THE INDEPENDENT AUDITORS FOR THE CORPORATION. THE SYSTEM AUDIT COMMITTEE MEETS WITH THE SYSTEM'S MANAGEMENT AND THE INDEPENDENT AUDITORS TO REVIEW THE ENGAGEMENT PROPOSAL, RESULTS OF THE AUDIT, DRAFT AUDIT REPORT AND MANAGEMENT LETTERS. THE AUDIT COMMITTEE MAY MEET WITH THE INDEPENDENT AUDITORS IN EXECUTIVE SESSION BEFORE CONCLUDING ITS REVIEW AND ACCEPTANCE OF THE ANNUAL AUDIT REPORT. THE AUDIT COMMITTEE REPORTS ITS FINDINGS AND MAKES ITS RECOMMENDATION TO THE BOARD OF DIRECTORS. |
| COMPENSATION - SISTER JEANETTE D. LINDSAY: FORM 990, PART VII: |
SISTER JEANETTE LINDSAY, AS A MEMBER OF THE CARMELITE SISTERS FOR THE AGED AND INFIRM, INC. HAS TAKEN A VOW OF POVERTY. THE COMPENSATION ESTABLISHED FOR THE SISTER ON BEHALF OF SERVICES PROVIDED TO THE FACILITY IS PAID DIRECTLY TO THE CARMELITE SISTERS FOR THE AGED AND INFIRM, INC. RATHER THAN TO THE INDIVIDUAL SISTER. |
Attach to Form 990 or 990-EZ.