Ahrc Nyc Properties Inc

“The organization is a membership corporation formed in 1984. Nysarc inc., new york city chapter (ahrc nyc), acting through its board of directors, is the sole member. The organization is governed by its own board of directors, which is responsible for its operations.”

“The organization's sole member, ahrc nyc, has been reserved the power within properties' bylaws to appoint and remove properties' board of directors.”

“The organization's sole member, ahrc nyc, has been reserved the power within properties' bylaws to alter, amend, revise, or repeal properties' bylaws.”

“The organization does not currently have any committees other than its board of directors.”

“Organization's process used to review form 990 the form 990 was prepared by an independent accounting firm, which served as paid preparer, with the assistance from the staff of ahrc nyc. A copy of the draft form 990 was circulated to the full board of the organization in either paper or electronic form for discussion and comment. Each board member is provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.”

“The organization monitors compliance with its conflict of interest policy very carefully. Directors and officers are required to disclose possible conflicts of interest upon joining the organization, when a conflict arises, and annually by filling out a conflict of interest disclosure statement. The disclosure statement is provided to the secretary of the corporation. Decisions relating to conflicts are documented in board minutes. Form 990, part vi, section b, line 13 and 14: the organization operates under the whistleblower and document retention policy of its sole member, ahrc nyc.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, and at management's discretion.”

“Ahrc nyc properties inc. Does not have its own employees or its own payroll. All employees providing services to ahrc nyc properties inc. Receive their w-2s from a related organization, nysarc, inc. New york city chapter. This compensation is reported on form 990, part vii and schedule j.”

“The organization does not currently have any committees other than its board of directors. In fiscal year 2024, the organization's financial information was consolidated into ahrc nyc's audited financial statements. The consolidated audited financial statements were reviewed this year by ahrc nyc's audit committee.”