Bethel Ridge Corporation

“Significant changes- effective 1/1/22, the organization became affiliated with avidd community services on nj inc. As part of this transaction, the bylaws of the organization were updated to change the number of board members and to allow avidd to become the sole member of the organization. The sole member retains reserve powers to admit additional members with its written approval, appoint, remove and designate officers of the corporation who are authorized to sign on behalf of the corporation with respect to any banking, trust, investment or other types of accounts which name the corporation as the owner or beneficiary thereof. Additional powers including ability to set meetings, waive notice of meeting, engage in transactions in excess of $5,000, etc. Are retained by the sole member.”

“Significant changes- effective 1/1/22, the organization became affiliated with avidd community services on nj inc. As part of this transaction, the bylaws of the organization were updated to change the number of board members and to allow avidd to become the sole member of the organization. The sole member retains reserve powers to admit additional members with its written approval, appoint, remove and designate officers of the corporation who are authorized to sign on behalf of the corporation with respect to any banking, trust, investment or other types of accounts which name the corporation as the owner or beneficiary thereof. Additional powers including ability to set meetings, waive notice of meeting, engage in transactions in excess of $5,000, etc. Are retained by the sole member.”

“Bethel ridge corporation has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed prior to the return being finalized and approved for filing.”

“Bethel ridge corporation currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, governing body and management will investigate the issue. If a conflict of interest is determined to exist management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.”

“The compensation of the organizations other officers or key employees is reviewed and approved by the board of trustees, an independent body.”

“Bethel ridge corporation makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the organizations office at 92 broadway, denville, nj 07834.”

“No change from the prior year.”