Community Housing Innovations Inc

“Community housing innovations has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate: an electronic version of the return is emailed to the cfo for review. The cfo provides comments on the form 990 to the independent auditors. After any revisions are made by the independent auditors, a final draft of the form 990 is emailed to the finance committee and ceo for a final review. Upon approval, the remaining members of the board will receive the final version of the form 990, which will be filed by the independent auditors. The cfo will present the form 990 to the board at the next scheduled board meeting (which may or may not be after the form 990 has been submitted to the irs). The board will be encouraged to ask any questions about the form 990 prior to the board meeting.”

“Chi has a conflict-of-interest policy which is included in the employee handbook and discussed with new employees as part of their orientation process. The policy includes "gifts and favors," "financial interests, and "family relationships." the topic is also covered in the section regarding "outside employment." chi enforces this policy vigilantly. In the past, all board members have recused themselves from votes that might be construed as conflicts. All board members and professional staff are required to sign a certification indicating that they have read, understood, and agreed to comply with the conflict-of-interest policy. All conflicts are required to be disclosed in writing. Board members and key employees are required to sign the certification and disclose any possible conflicts on an annual basis and as any conflicts arise, they are required to update the form and disclose such conflicts to hr (staff) and to the remaining board memebrs (board ). The policy is monitored by the vp of human resources, and any conflicts are to be reported to them. If any employees become aware of a conflict, they first report it to their supervisor. If the conflict needs further evaluation, it is then reported to hr. Hr will respond in writing within 30 days. Finally, if the conflict is still not resolved, then it is brought to the attention of a member of the executive committee. The member will meet with the employee and discuss the situation. A resolution will be sent to the employee within 30 days of the meeting.”

“A. Chief executive officer: the sr. Vp of human resources collects salary data from published sources such as robert half and the ny salary survey for professionals for nonprofits. The data along with a recommendation is presented to the compensation committee. The compensation committee brings a recommendation to the board of directors. The board of directors, exclusive of the chief executive officer of the agency (who is also a board director), votes upon the committee's recommendation. The board's approval is documented in the minutes to the meeting. In addition, the salaries for the corporate officers are disclosed to all five counties in new york and are approved by those counties through annual budget submissions that was last undertaken in 2024. B. Other officers and key employees: the agency provides a cola increase each fiscal year which is disclosed to all five counties in new york and is approved by those counties through annual budget submissions that was last undertaken in 2024. Nyc also receives cola increases.”

“The organization makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org, the nys attorney general's website, and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request or by calling the organization directly.”

“IMPAIRMENT LOSS -85,422.”