Margaret B Mack Supportive Housing

“The organization delegated certain management functions related to property operations to demarco management corporation, a third-party property management company. Demarco management corporation provides oversight of physical properties, tenant administration, and accurate calculation of rents for the organization's housing-related entities. These delegated functions relate solely to property management and do not include governance, financial oversight, or executive-level decision making. Organization officers and the board retain full control and oversight responsibilities.”

“No committee has the authority to act on behalf of the governing body.”

“The form 990 is reviewed by the chief financial officer and controller for completeness and accuracy prior to submission to the governing body. A complete draft of the form 990, including all schedules and attachments, is then provided to the full board of directors for review. Board members are given the opportunity to ask questions, request clarification, or recommend changes. After addressing all comments, the final form 990 is approved for filing. The organization maintains documentation of the review and approval process.”

“The agency requires that all employees upon hire acknowledge that they have received and understand the agency's policy on corporate compliance, ethics, and conflicts of interest as outlined in the employee handbook. Annually, the agency requires all staff to complete a competency-based training on ethics and compliance which also includes conflicts of interest. Board members are also required to sign a conflict disclosure statement.”

“The entity did not remunerate any current or former officers, directors, trustees, key employees, or highest compensated employees during the year. All compensation for individuals serving this entity, including salary, benefits, and any other reportable remuneration, is paid directly by continuum of care, inc. (coc), a related organization. Compensation is therefore disclosed on form 990 as amounts paid by a related organization in accordance with irs reporting requirements.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request and through the state of connecticut or by calling the office.”

“Contracts: program service expenses 39,251. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,251.”