Hunt Community

“The executive committee shall consist of the chairperson of the board as chair thereof, the vice chairperson, the ceo, the treasurer, and the chairperson of each of the subsidiary corporation's board of trustees. Neither the ceo nor the treasurer, if the treasurer is the cfo, shall have a vote. Only a voting member may be chairperson of the committee. The executive committee shall have charge of the detailed management of the corporation on behalf of the board of directors and the power to transact all regular business of the corporation on behalf, and with the full power, of the board of directors during the period between the meetings of the board of directors, subject to any prior limitations imposed by the board of directors or by law.”

“Silverstone by hunt is the sole corporate member and maintains an ongoing management agreement with the organization.”

“Silverstone by hunt is the sole member of the corporation.”

“Member elects the board of directors.”

“Member to approve major finance and management changes.”

“The form 990 was prepared by tax advisors of a national accounting firm with information provided by management. A copy of the form 990 is emailed to the board of directors for review prior to filing the form 990.”

“Trustees, voting members, officers, and employees of the organization must annually complete a conflict of interest policy and disclosure statement. The chairman of the board of directors is responsible for monitoring the policy. Transactions that could have a conflict of interest shall be submitted to the board of directors for approval or other action or may be presented between meetings of the board of directors to the executive committee for its approval or such other action as it may determine. Compliance with the conflict of interest policy is reviewed at the annual meeting of the board of directors.”

“The compensation committee of the sole member, silverstone by hunt, uses comparable data, form 990 of other organizations, and compensation surveys or studies to determine salaries. The process described here was last completed in 2024.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Purchased services: program service expenses 543,059. Management and general expenses 85,956. Fundraising expenses 0. Total expenses 629,015. Servicing agreements: program service expenses 310,625. Management and general expenses 49,166. Fundraising expenses 0. Total expenses 359,791. Other professional fees: program service expenses 363,621. Management and general expenses 57,556. Fundraising expenses 0. Total expenses 421,177.”

“Change in value of beneficial interest in trust 31,508.”