St Margaret'S House Housing Development Fund Corporation

“St. Margaret's house has an executive committee of its board of directors comprised of voting members of the board. When the board of directors is not in session, the executive committee shall have and may exercise all the powers of the board of directors as determined by the board of directors, except certain powers specified in the new york not-for-profit corporation law.”

“Anne f. Mallonee, a director and the chair through 9/10/14, stacy r. Brandom, a director and the treasurer, peter genet, a board member, and mark bozzuti-jones, a board member, are employed by the rector, church-wardens, and vestrymen of trinity church, in the city of new-york ("trinity church"). Diane b. Pollard, a director and chair as of 9/24/14, dall forsythe, a board member and susan hewitt, a board member, served on the vestry of trinity church during this fiscal year.”

“St. Margaret's house is a new york not-for-profit corporation. Trinity church is the sole member of st. Margaret's house.”

“The governing body is elected by the member of the st. Margaret's house.”

“Any major decisions affecting the corporation or the financing of major capital projects are deferred to the member, pursuant to the bylaws of the corporation and applicable laws.”

“The draft of the completed form 990, prepared by the auditing firm, at the direction of the executive director and the controller, is submitted to the executive director and the controller for a preliminary review. Any comments arising from their review are discussed and changes, if any, are made accordingly. Then, the draft is presented to the st. Margaret's house executive committee for further review and approval. That draft receives a final review by the executive director, who gives the authorization for filing the return with the internal revenue service. A copy of the organization's final form 990 is provided to each voting member of the organization's governing body, whether in paper or electronic form prior to and after its filing with the irs.”

“The conflict of interest policy of st. Margaret's house covers all board members, the executive director and department heads, who receive annually a copy of the policy, requiring them to disclose any potential conflicts. Additionally, board members, the executive director and department heads sign a statement certifying that they have received a copy of the policy and they agree to be bound by its provisions. Per the policy, the officers review and make a determination should a potential conflict arise. During the deliberations and decision process, the person with the potential conflict is recused from the discussions and the vote.”

“Compensation surveys and comparable compensation studies are used to determine the compensation of the executive director. Compensation is approved by the st. Margaret's house hr committee and the chair of the board. This process was last completed in fiscal year ending 9/30/14 and there was contemporaneous substantiation of the deliberation and decision.”

“St. Margaret's house makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Part vii, section a, column (f) and schedule j, column (c) includes the present value of an incremental accrual under the clergy pension plan, which relates to service both with the rector, church-wardens and vestrymen of trinity church in the city of new york, and to prior services as follows: anne f. Mallonee $ 48,862 james h. Cooper $335,140 mark bozzuti-jones $9,577 the remaining balance corresponds to an employer contribution to a 403 (b) plan anne f. Mallonee $ 8,750 james h. Cooper $12,750 mark bozzuti-jones $3,907 part vii, section a, column (f) and schedule j, column (d) includes parsonage benefits. The rental value of the housing provided is as follows: anne f. Mallonee $202,800 james h. Cooper $366,000 mark bozzuti-jones $67,200 there is an additional housing allowance provided as follows: anne f. Mallonee $ 25,000 james h. Cooper $60,000 mark bozzuti-jones $19,509 part vii, section a, column (f) and schedule j, column (d) also includes medical, dental, life, short-term and long-term disability, ad&d insurance, and long term care insurance, transportation and fsa as follows: anne f. Mallonee $ 19,343 james h. Cooper $17,367 mark bozzuti-jones $28,448”

“The food program was terminated.”

“The rector, church-wardens and vestrymen of trinity church in the city of new york created a 100% owned delaware limited liability company, trinity hudson holdings, llc on april 28, 2014, and on may 1, 2014 contributed certain real estate assets to the llc.”

“The procedure has not changed from the prior year.”