Harrisburg Realty Improvements Corp

“The organization's sole member is harristown development corporation.”

“The member harristown development corporation (hdc) elects the members of the board of directors”

“The form 990 is meticulously reviewed by the cfo before filing. After any necessary revisions are completed, the form 990 is coincidentally distributed to each director and officer prior to filing.”

“An annual questionnaire is distributed to all directors and officers. This questionnaire requests disclosure of all business interests of the individual and immediate family members. If a conflict is discovered, the matter is disclosed to the governing body and the conflicted individual recuses himself from approving the transaction.”

“Compensation and benefits are provided by harristown enterprises, inc. (hei), an affiliate of the organization. Hei's human resources committee annually reviews the compensation of all employees of the organization and the components of the organization's benefit package. The committee is also responsible for approving the compensation of the chief executive officer. The chair of the committee subsequently writes a letter to the chief executive officer documenting the committee's approval of the chief executive officer's compensation and its review of the organization's total compensation and benefits package.”

“The organization's governing documents, conflict of interest policy and financial statements are available for review upon request at its corporate offices.”

“The organization did not have any instances where backup withholding was required; however, if the situation would arise, the organization is aware of the reporting requirements and would handle it accordingly.”

“Interest rate swap -45,647. Intercompany transfer 92,000. Rounding -4.”

“The organization's process for selecting an independent accountant has not changed from that of prior years.”

“Harristown development corporation is the sole member of this organization and is covered under the same group exemption number. Harristown development corporation files a separate form 990 series return of organization exempt from income tax.”