All Angels Farm Inc

“Family or business relationships between persons listed as officers, directors, trustees, or key employees in part vii, section a, are as follows: paul johnson and mary johnson have a family relationship. Isaiah fasoldt and josie fasoldt have a family relationship.”

“All angels farm, inc. Was organized in 1923 under the old membership corporation law of the state of new york. Its current by-laws state that the membership of the corporation shall be composed of not more that fifty (50) persons, not less that 75% of whom at all times shall be members of all angels' church in the city of new york, and shall include: (a) the rector, church wardens, and vestrymen, from time to time, of said all angel's church; and (b) such other persons as shall be duly elected to membership by the board of directors of the corporation, as hereinafter provided."”

“All angels' farm, inc. Has members who meet annually and elect the members of the board of directors of the corporation.”

“Per article vii of the bylaws: the members, by the affirmative vote of at least three-fourths of the entire membership herein provided, may make, alter, amend or repeal the by-laws at any annual meeting without previous notice thereof; and the members by like vote may make, alter, amemd or repeal the by-laws at any special meeting, if notice of the proposed changes be contained in the notice of such meeting.”

“In past years, the board of directors of all angels' farm has not been provided with a copy of the form 990 before it is filed. Instead, the form has been prepared by the corporation's outside accounting firm and reviewed and signed by the treasurer of all angels' farm.”

“Form 990, part vi, line 15: the corporation has no employees and does not compensate any directors.”

“The corporation makes its governing documents and financial statements available to the public upon request. The corporation's form 990 can be found on www.guidestar.org.”

“Restricting the use of the proceeds of the sale. To satisfy the provisions of the conditional waiver, the corporation agreed in 1955 to pay to incarnation camp (currently know as incarnation center, inc.) "income from such of its funds and equipment as may be available for camp purposes." incarnation center, inc., for its part, agreed to devote such income to purposes which are common both to its charter and to the charter of all angels' farm, inc. In the event that the corporation is dissolved, the directors have resolved that the net assets available for distribution shall be apportioned 39.63% to the bishop of the diocese of new york and 60.37% to the social services fund of st. Luke's hospital. Currently, the use of these net assets is restricted by certain trust agreements and court orders which cannot be changed without consent of these parties and court approval. The board of directors have also resolved that the treasurer may make such transfers from its invested funds as may be necessary for the support of incarnation center, inc. And operating expenses and for reinvestment of funds not needed for current expenditures.”

“The organization used modified cash basis as an accounting method.”

“All angels farm has a committee that assumes responsibility for the oversight of the audit of the financial statements and for the selection of the independent auditors, no change in this process from the prior year.”