New Fordham Housing Development Fund Corp

“Line 8 explanation - on an annual basis the organization documents meetings and significant transactions in the board of director minutes.”

“Line 11b explanation - the board of directors must approve the annual federal tax form 990 and the related state tax filings after it has received these documents from the outside independent auditors and accountants in an annual board meeting.”

“On an annual basis the board of directors reviews actual or potential conflicts of interests with board memebrs and officers.the policy is distributed to all board members.”

“Other officers and key employees do not receive compensation from this organization. Officers and board members do not receive compensation from this organization.”

“Nys charities bureau website”

“After approval of the financial statements by the board of directors on an annual basis, the organization makes available all governance documents, policy statements, financial statements and tax returns to the public, upon written request. The organization also timely files its annual new york state char 500 report with the nys attorney general and all of its filings are made available through the nysoag charities website.”

“Bad debt expense: program service expenses 113,645. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,645. Repair & maintenance: program service expenses 100,314. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,314. Supplies: program service expenses 91,696. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,696. Social services: program service expenses 88,370. Management and general expenses 0. Fundraising expenses 0. Total expenses 88,370. Painting: program service expenses 84,177. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,177. Electricity: program service expenses 22,032. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,032. Taxes: program service expenses 16,033. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,033. Exterminating: program service expenses 13,424. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,424. Filing fees and permits: program service expenses 5,618. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,618. Building services: program service expenses 5,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,521.”