The Interchurch Center

“The members of the corporation shall consist of the persons who were members on january 1, 1979, such other persons as may be appointed to the membership as hereinafter provided, during the periods that the respective appointments of such appointed members are in full force and effect, and who have not ceased to be members by reason of death, resignation, or expulsion, as further provided in article iv of the corporation's by-laws.”

“Each member of the corporation appointed as such by a beneficiary board shall be entitled to: (a) one vote as an appointee of a particular beneficiary board; and (b) one vote for each $2,000 of capital contributed to the corporation by the particular beneficiary board of which such member is the appointee. In all elections for trustees of the corporation each member shall be entitled to as many votes as shall equal the number of votes to which he or she would be entitled by virtue of section i of article vi of the by-laws multiplied by the number of trustees to be elected, and he or she may cast all such votes for a single trustee or may distribute them among the number to be voted for, or any two or more of them as he or she may see fit. The candidates, not exceeding the number of trustees to be elected, who receive the greatest number of votes shall be elected.”

“The board of trustees is responsible for the property and affairs of the corporation. The beneficiary board members are responsible for the by laws, election of the board of trustees, and approval of the annual budget.”

“The information for the form 990 is compiled by the ceo and cfo and submitted to a cpa firm. The completed form is then submitted to the audit committee for their review. The audit committee recommends adoption to the full board subject to any requested modifications before filing with the irs.”

“The organization requests that each board member and employee sign the conflict of interest policy each year. The executive administrator is responsible to ensure full compliance and report any exceptions to the ceo.”

“An independent salary and position evaluation is performed every 3 years to determine appropriate compensation levels for the compensation committee's review and approval.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Howard capell, esq. - capell,barnett & matalon, llp 100 jericho qd-ste 233, jericho, ny 11753. Casey kemper - 500 5th ave suite 1710, new york, ny 10110. Dr. Randolph w. Nugent - 505 laguardia pl #2a, new york, ny 10012.”

“The process by which the organization appoints a committee that assumes responsibility for oversight of the audit of its financial statement and selection of an independent accountant has not changed from the prior year.”