Fashion Center District Management Assoc

“Property owners, commercial tenants & residents are eligible for free membership in the organization by filling out a registration card or form.”

“Registered members elect the board of directors at the organizations annual meeting.”

“The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.”

“The organization enforces the conflict of interest policy by monitoring known relationships, bi-annual questionnaires, and noting any changes in disclosed information. Any conflict is reviewed by the board before a decision is made as to whether to approve the transaction.”

“This review includes researching guidestar, 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data.”

“The organization's governing documents, conflict of interest policy, form 990, form 1023, and financial statements are available upon request.”

“Financial statements are available on the organization's website, other documents are made available to the public upon request.”

“Outside contractors - marketing and promotion: program service expenses 169,113. Management and general expenses 0. Fundraising expenses 0. Total expenses 169,113. Outside contractors - sanitation: program service expenses 154,499. Management and general expenses 0. Fundraising expenses 0. Total expenses 154,499. Outside contractors - security: program service expenses 451,732. Management and general expenses 0. Fundraising expenses 0. Total expenses 451,732. Outside contractors - special projects: program service expenses 703,487. Management and general expenses 0. Fundraising expenses 0. Total expenses 703,487. Outside contractors - capital and development proj.: program service expenses 80,359. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,359. Other professional fees: program service expenses 0. Management and general expenses 22,932. Fundraising expenses 0. Total expenses 22,932.”

“The process has not changed from prior year.”