Hacd Corporation

“The form 990 was prepared by an independent accounting firm and reviewed by the chief financial officer before it was filed with the irs.”

“The organization follows the conflict of interest policy of the housing authority of the city of danbury (hacd). Annually, on a calendar year basis, hacd shall distribute "statement of affiliation and conflict of interest disclosure" form to all officers, directors, trustees, and key employees. Each such individual shall complete the disclosure form and return it to hacd's executive director. Each officer, director, trustee, and key employee shall submit an updated form during the year if any information changes or new potential conflicts arise. The executive director and chair shall conduct the initial review of any potential conflicts of interest identified in the disclosure form. The chair and executive director shall also consider any confidentiality issues that might arise with respect to a transaction or activity. The chair and executive director shall adopt a preliminary finding that the activity raising the potential conflict of interest, or presenting a question of confidentiality: should be permitted without any need to invoke the procedures of the bylaws or impose confidentiality restrictions should be permitted but with further monitoring in the event that a further conflict may develop that will require consideration may be permitted but only after strict adherence to the procedural requirements set forth in the bylaws, including the requirement that the involved officers, directors, trustees, or key employees shall absent himself or herself from participation in the board's deliberations and vote with respect to such activity and/or only with confidentiality restrictions imposed may be permitted but could create an appearance of impropriety or negative public image for hacd which should be considered by the board or should not be undertaken. The preliminary finding of the executive director and chair of the board shall be presented to the board of directors of hacd for review and final determination of whether a conflict exists or, if appropriate, to any committee of the board to whom such determination has been delegated. If either the executive director or chair has the potential conflict, he or she shall not participate in making such finding if both have a potential conflict the matter shall be presented directly to the board of directors.”

“Cfo maintains copies of form 990 and upon request will provide documents for interested persons for review”

“No changes to oversight from prior year.”

“No changes to oversight from prior year.”