Services for the Aged Inc.

“The form 990 is reviewed by the controller, director of finance and chief administrative officer of a related organization and then it is provided to the board prior to filing with the irs.”

“On an annual basis, the conflict of interest policy statement is sent to the board along with a list of vendors, service providers, employees, etc. The form must be signed and returned to the respective committee of the board. The forms are reviewed and kept on file.”

“Each year, compensation of the ceo of a related entity is reviewed and approved by the executive committee of the board of a related organization based on comparative data and other information received from public sources.”

“THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS and CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. The organization did not issue an external financial statements.”

“The organization is amending its form 990 for amounts amended as a result of adjustments made to the general ledger after the original form 990 was filed with the irs. The following parts of the tax return were affected by the adjustment: part i - summary part iii - revenue and expense by program part viii - statement of revenue part ix - statement of functional expenses part x - balance sheet part xi - reconciliation of net assets schedule a - part iii - support schedule for organizations in section 509(a)(2) schedule d - part vi - land, buildings, and equipment schedule d - part ix - other assets schedule d - part x- other liabilities”

“Transactions with related organizations: the organizations are closely related and maintain separate payrolls but do share employees. The organizations share facilities. Other costs are allocated among the organizations on a contractual basis and these allocations result in amounts due to/from the related organizations. The balance of the due to/from account is reported on schedule r, part v, line 2, column c.”