Merrimack Housing Corporation

“The sole member of the organization is vinfen corporation.”

“The sole member, vinfen corporation, has the power to appoint and/or remove the board members of the organization.”

“The form 990 is prepared by vinfen finance staff and reviewed by its controller and chief financial officer. All directors are provided a copy and given an opportunity to respond prior to submission to the irs.”

“Vinfen corporation distributes the conflict of interest policy and disclosure annually or bi-annually to directors, officers, and key employees and reviews the responses for potential conflicts. The conflict of interest policy covers all directors of vinfen corporation and its affiliated entities, as well as the senior management (the interdepartmental council or "idc") at vinfen corporation and affiliates. The general counsel reviews the disclosure forms to determine which directors or idc members have disclosed a potential conflict. For potential board conflicts, the chairperson of the board of directors appoints a committee of directors (with no reportable conflicts) to review the details of any reported potential conflicts and/or proposed business transactions. The committee then makes a recommendation for approval by the full board, which is voted on only by those directors with no reportable transactions. For potential conflicts by idc members, the ceo appoints a committee of idc members (with no reportable conflicts) to review the details of any reported potential conflicts and proposed business transactions. The committee then makes a recommendation for approval by the executive team, which is voted on only by those executive team members with no reportable transactions.”

“Vinfen corporation and affiliates make their governing documents, conflict of interest policy, form 990, and financial statements available to the public upon request, by paper or e-mail, for the same period of disclosure as set forth in section 6104(d). The form 990 without schedule b is available via candid, formerly known as guidestar, and the office of the massachusetts attorney general's website.”