Webster Towers Inc C/O Management Enterprises Inc

“The daily management of webster towers, inc. Is administered by hbs management company, inc., who is also headquartered in scranton, pa.”

“A copy of the form 990 is provided to all board members for reveiew, comment, and approval. The board members approve the form 990 at a quarterly meeting. Form 990 is then submitted electronically to the internal revenue service.”

“All members of the board of dirctors prepare and sign a "conflict of interest" reporting document each year, in which the members disclose any conflicts of interest they might have with tenants, cusotmers, vendors, or other directors. The officers review the signed "conflict of interest" reporting documents each year.”

“Hiring and salary decisions are made by hbs management company, the management agent. Hbs management company informs the board of directors of all significant personnel issues at quarterly meetings.”

“Hiring and salary decisions are made by hbs management company, the management agent. Hbs management company informs the board of directors of all significant personnel issues at quarterly meetings.”

“A hard copy of all governing documents are available to the public upon request.”

“Webster's mission as a not-for-profit entity is to provide affordable housing for elderly residents of the greater scranton area of pennsylvania, that is comfortable, clean, modern, and safe. The organization fulfills its mission by continually reinvesting in the aesthetic and physical quality of its 85 residential units, while charging rents that are consistently lower than prevailing market rent rates in the region, thus making the units affordable for current and potential tenants with lower incomes.”

“Volunteers engage in promoting physical, mental, and emotional fitness to the entity's elderly tenants through several programs.”

“Webster towers provided 85 units of affordable, comfortable, clean, modern, and safe housing to elderly residents of the city of scranton. The organization made the units affordable to its elderly tenants by charging monthly rents in compliance with u.s. Hud guidelines, which were continually lower than prevailing market rental rates. The organization made its affordable housing comfortable, clean, and modern by investing 1,233,000 in property and equipment additions and renovations during the last 5 years. As a result of these additions and renovations, the organization's housing facility is a source of pride and beauty for its residents and the community at large, while still providing elderly citizens with lower incomes the ability to reside here.”