60-86 Madison Avenue District Management

“David j. Koeppel and ivan lustig both own shares in a residential corp, and are board members of this organization.”

“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.”

“Bylaw amendments require the vote of members.”

“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, questionnaires, and noting any changes in disclosed information.”

“This review includes officers of the board that discuss the performance of the managerial staff and the overall financial status of organization.”

“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 - sanitation: program service expenses 407,420. Management and general expenses 0. Fundraising expenses 0. Total expenses 407,420. Outside contractors - public improvement: program service expenses 2,554. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,554. Outside contractors - marketing and promotion: program service expenses 62,045. Management and general expenses 0. Fundraising expenses 0. Total expenses 62,045. Outside contractors - other: program service expenses 0. Management and general expenses 16,106. Fundraising expenses 0. Total expenses 16,106. Professional fees - other: program service expenses 6,704. Management and general expenses 13,892. Fundraising expenses 0. Total expenses 20,596.”

“The process has not changed from prior year.”