Somerset Area Ambulance Association

“Form 990, upon completion, is reviewed by the president of the board. A copy is made available to board members for their review. The presidnet signs the return for filing.”

“Annually each director, principal officer and members of committees with board delegated powers must sign a statement stating that they 1) received a copy of the conflict of interest policy; 2) have read and understand the policy; 3) agrees to comply with the policy; and 4) understands that the organization is a charitable organization and to maintain its federal tax exempt status must engage in activities which accomplish its tax exempt purpose.”

“The organization periodically reviews activities that could jeopardize its tax exempt status. At a minimum, reviews include 1) compensation arrangements and benefits are reasonable based on competent survey information and the result of arm's length bargaining, and 2) arrangements between the organization and interest parties conform to written policies are properly recorded; reflect reasonable investment and payment for goods and services for similarly qualified persons; further the organization's charitable purposes; and do not result in inurement, impermissible private benefit or in an excess benefit transaction. All deliberations and decisions have contemporaneous written documentation.”

“The organization periodically reviews compensation arrangements and benefits to insure they are reasonable based on competent survey information and the result of arm's length bargaining; reflect reasonable payment for goods and services for similarly qualified persons.”

“All documents that are required to be available for public inspection are maintained in the organization's main office. Upon request, the documents are made available.”

“Bad debt expense reduce revenue on 990 63,147 fundraising exp reduce revenue on 990 1,792 refunds reduce revenue on 990 24,447 bad debt expense reduce revenue on 990 -63,147 fundraising exp reduce revenue on 990 -1,792 refunds reduce revenue on 990 -24,447”