Buel Real Estate Inc

“The organization's sole common stock shareholder is mary buel memorial, incorporated as described in schedule r.”

“The directors of the organization are elected by its sole shareholder annually. The sole shareholder also has the right and power to remove members of the board of directors at any time.”

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

“The organization's board of directors has assigned the duty of reviewing the annual 990 to its standing audit committee. The annual 990 is prepared by the organizations accounting firm working closely with the treasurer and president and ceo. Copies of the completed return are provided to the audit committee for review before filing. Upon review and approval by the audit committee, copies of the 990 are provided to all board of director members before the return is filed. The return is then filed with the internal revenue service as required.”

“All board of director members, officers and key employees of the organization are required to complete a conflict of interest statement of disclosure annually. This disclosure statement requires the individual to answer a series of questions regarding transactions, events and circumstances which could lead to conflicts of interest. The disclosure statement also requires the individual to sign that they have read and understand the organizations conflict of interest policy and that their responses to the questions are complete and accurate. The completed annual conflict of interst disclosure statements are reviewed by the president and ceo and the treasurer of the organization. The president and ceo and the treasurer contact any individual if there are questions or answers to questions on the disclosure statements that need clarification or further research. If it is determined that a conflict does exist with respect to a matter, the organization enforces the policy by making sure that the person with the conflict does not participate in the decision-making process. Contemporaneous documentation is maintained of how all conflict matters are resolved. The treasurer maintains records of individual business transactions and relationships reported on the disclosure statements as well as known transactions from accounts payable and general ledger records. These transactions and other conflict matters are compiled and included in the annual 990 filing as necessary.”

“The organization's governing documents, conflict of interest policy, annual audited financial statements and annual 990 filing are available for inspection by members of the public at the organizations place of business during normal business hours. Appointments for review of these documents must be made with the treasurer of the organization in advance.”