A Woman'S Concern Inc

“Peter sydorko, the vice president of a woman's concern, inc is married to linda sydorko, nurse manager of a woman's concern, inc.”

“The form 990 will first be reviewed by the executive director. It will then be passed on to the board of directors for their review prior to the filing of the return.”

“The organization's conflict of interest policy is in the process of being formalized. Any board member, officer, or employee is expected to disclose any conflict of interest to the governing board and/or or relevant committee. All board members will sign an annual questionnaire which expressly mentions family and business relationships as having potential for conflicts of interest. Interested parties will be expected to recuse themselves from any decision-making that involves the stated conflict.”

“All compensation is approved by the board of directors, which reviews the executive director's salary periodically. No outside services are used for the determination of compensation.”

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

“The organization's policy is to prepare its financial statements on the modified cash basis that includes recordings of depreciation on long-lived assets and liabilities for payroll withholdings. Under this basis, revenue is recognized when collected rather than when earned, and expenses are generally recognized when paid rather than incurred. Consequently, accounts receivable, accounts payable, and accrued expenses, other than those mentioned above, are not included in the financial statements. If an expenditure results in the acquisition of an asset having an estimated useful life which extends substantially beyond the year of acquisition, the expenditure is capitalized and depreciated over the estimated useful life of the asset.”