Properties for Children

“Children's home alliance, a related nonprofit corporation, is the sole member.”

“The trustees shall be appointed annually by a resolution of the board of directors of children's hope alliance and shall assume office as of the first day of the next calendar year. Each trustee shall hold office until the first of the following to occur: until his or her successor shall have been duly appointed and shall have qualified; or until his or her death, or until he or she shall resign in writing; or until he or she shall have been removed in the manner designated in the bylaws of the organization.”

“The entity that the corporation supports, children's hope alliance, shall have and exercise the following reserve powers: (a) to appoint or remove trustees; (b) to approve amendments to the articles of incorporation or bylaws of the corporation; (c) to appoint or remove the managing director; (d) to approve all annual budgets and audited financial statements and to approve any deficit budget; (e) to review and approve donations of real property to the corporation; (f)to receive annual audits, interview the auditor, and approve form 990 returns before they are filed; (g) to approve the construction of any new or the alteration of any existing facility involving an expenditure of 200,000.00 or more; (h) to sell, mortgage, pledge, or alienate all or any part of the real estate or substantially all of the other assets of the corporation; (i) to dissolve the corporation and; (j) to specify the distributee of its assets.”

“The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was provided to all voting members of the board prior to submission to the irs.”

“Internal controls over financial reporting ensure that conflicts of interest do not exist.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's administrative offices.”