Pride of Ticonderoga Inc

“The organizations Form 990 is prepared using internal financial records officer reports and board-approved budgets. The draft return is reviewed by the Executive Director and Executive Officers with support from the organizations bookkeeper and accountant to ensure accuracy and compliance. The completed Form 990 is reviewed by the full board. Any questions or revisions are addressed and resolved before submission.”

“The organization maintains a written Conflict of Interest Policy that is reviewed reapproved and signed annually by all board members and key staff. Board members are required to disclose any actual or potential conflicts prior to discussion or voting on related matters. Individuals with a conflict must recuse themselves from deliberation and voting and this is documented in the meeting minutes. The organization provides annual training on ethical standards and fiduciary responsibilities to reinforce compliance. Conflicts discovered after a transaction are promptly reviewed by the Executive Committee or full board and appropriate corrective actions are taken when necessary.”

“| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Nicole Justice Green, The Rural Housing Coalition RHC conducts an annual Executive Director salary survey to gather comparability data from peer organizations across the state. The board evaluates the Executive Directors compensation based on this data the positions responsibilities and the individuals performance. A formal performance review is conducted annually and compensation is discussed and approved by an independent board vote with the decision recorded in meeting minutes., 2023|”

“The organization makes its governing documents Conflict of Interest Policy and financial statements available to the public upon request. In addition the organizations most recent Form 990 is available through third-party platforms such as GuideStar. While the organization does not currently publish its full financial statements on its website it provides transparency through regular reporting to funders stakeholders and the public as needed.”

“| Explanation:| CHAIR AND EXECUTIVE DIRECTOR SIGNS 990”

“| Explanation:| THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AS AN ONGOING PROCESS”

“| Explanation:| WHEN HIRING THE EXECUTIVE DIRECTOR THE BOARD OF DIRECTORS DETERMINES COMPENSATION BY EVALUATING THE INDIVIDUALS EXPERIENCE EDUCATION QUALIFICATIONS AND REFERENCES. THE BOARD ALSO CONSIDERS COMPENSATION DATA FROM THE PREVIOUS EXECUTIVE DIRECTOR AS WELL AS REGIONAL AND STATEWIDE BENCHMARKS FOR SIMILAR POSITIONS. THE EXECUTIVE DIRECTOR IS FORMALLY EVALUATED ON AN ANNUAL BASIS AND DECISIONS REGARDING COMPENSATION ADJUSTMENTS ARE MADE BY THE BOARD BASED ON PERFORMANCE AND ORGANIZATIONAL CAPACITY.”

“| Explanation:| GOVERNING DOCUMENTS THE CONFLICT OF INTEREST POLICY FINANCIAL STATEMENTS AND PAST FORM 990s ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE ENTITYS PHYSICAL OFFICE OR ONLINE THROUGH PROPUBLICA AND GUIDESTAR.”

“| Description:, Explanation:, Amount:| Building fire-related losses and adjustments, During the tax year the organization experienced a building fire that resulted in significant non-operating losses including asset write-downs and related financial adjustments. These changes were not reflected in operating revenue or expenses but impacted the overall net asset position., $187664|”

“| Explanation:| TO CONNECT AND ENHANCE COMMUNITIES THROUGH HOUSING REHABILITATION DOWNTOWN REVITALIZATION HISTORIC PRESERVATION COMMUNITY DEVELOPMENT AND ECONOMIC OPPORTUNITY.PRIDE OF TICONDEROGA NOW OPERATING AS THE NORTH COUNTRY RURAL DEVELOPMENT COALITION NRDC SERVES COMMUNITIES ACROSS ESSEX WARREN AND WASHINGTON COUNTIES IN NORTHERN NEW YORK WITH A FOCUS ON TICONDEROGA AND SURROUNDING TOWNS.”

“| Explanation:| THE MISSION OF PRIDE OF TICONDEROGA NOW OPERATING AS THE NORTH COUNTRY RURAL DEVELOPMENT COALITION NRDC IS TO CONNECT AND ENHANCE COMMUNITIES THROUGH HOUSING REHABILITATION DOWNTOWN REVITALIZATION HISTORIC PRESERVATION COMMUNITY DEVELOPMENT AND ECONOMIC OPPORTUNITY. THE ORGANIZATION SERVES COMMUNITIES ACROSS ESSEX WARREN AND WASHINGTON COUNTIES IN NORTHERN NEW YORK WITH A FOCUS ON TICONDEROGA AND SURROUNDING TOWNS. PROGRAMS INCLUDE HOUSING REHABILITATION AND ACCESSIBILITY EMERGENCY REPAIRS FOR THE ELDERLY DOWNTOWN REVITALIZATION AND FACADE IMPROVEMENTS HISTORIC PRESERVATION AND ADAPTIVE REUSE PUBLIC ART AND PLACEMAKING INITIATIVES AND GRANT ADMINISTRATION AND PROJECT MANAGEMENT. THROUGH INCLUSIVE PARTNERSHIPS INNOVATIVE PROJECTS AND RESPONSIBLE STEWARDSHIP OF PUBLIC RESOURCES NRDC STRIVES TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES THROUGHOUT THE REGION.”