Housing Works Inc.

“FORM 990, PART VI, Section B, Line 11 The organization's Form 990 was prepared by an independent accounting firm in conjunction with the Housing Works financial department. A copy of the draft form 990 was made available to the Board of Directors for their review. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.”

“FORM 990, PART VI, SECTION B, LINE 12 Each officer, director, trustee and key employee of the organization is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with Housing Works. Housing Works monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately.”

“FORM 990, PART VI, SECTION B, LINE 15 Housing Works, Inc. undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of its officers and key employees of the organization is reasonable given the market in which the organization operates. The Board of Directors determines the President and CEO's compensation on a yearly basis. The President and CEO determines the Senior Vice Presidents' compensation on a yearly basis. Compensation is set for the relevant individual during the Executive session of one of the Board Meetings and the decision is documented in board minutes. A formal evaluation is conducted every 5 years.”

“FORM 990, PART VI, Section C, Line 19 The organization makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements are published on the organization's website. The governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“Form 990, Part I, Line 5, and Part V, line 2A Housing Works, Inc. ("HWI") is the parent organization of a group of not-for-profit affiliated organizations that share HWI's exempt purpose, all of which are reported on schedule R of the form 990. As the central organization, HWI issues w-2s for some of its affiliated organizations. Form 990, Part I, line 5 and Part V, line 2a represent the total number of w-2s issued by HWI. Other Salaries and Wages Form 990, Part IX, Line 7 All employees providing services to Housing Works, Inc. receive their Form W-2 from either Housing Works, Inc., HIV Law Project, or Housing Works Health Services III. The amounts reported on Form 990, Part IX, Lines 7 and 9 include an allocation of salary expenditures directly incurred by Housing Works, Inc. as well as an allocation of salary expenditures from HIV Law Project to Housing Works, Inc. Functional expenses Form 990, Part IX Housing Works, Inc. is comprised of a number of subsidiary not-for-profit affiliated organizations, all of which are reported on Schedule R of the Form 990. As the central organization for all activities undertaken by the Housing Works universe of affiliates, Housing Works, Inc. provides management services for all affiliates and received a reimbursement at cost for those services. The management fee has not been reported in Part VIII as revenue, but rather as an offset to the expenses being reimbursed. This presentation mirrors the methodology employed in the organization's consolidated audited financial statements.”