Hebrew Free Loan Association Of

“Emeritus director alison karabin is the daughter of emeritus director stephanie brown. Emeritus director stephanie brown is the mother of emeritus director alison karabin. Emeritus director judith kline is the sister-in-law of emeritus director howard kline. Emeritus director howard kline is the brother-in-law of emeritus director judith kline. Director brian balk is the nephew of emeritus director bette balk. Emeritus director bette balk is the aunt of director brian balk. Emeritus director janet supowitz is the sister of emeritus director paul supowitz. Emeritus director paul supowitz is the brother of emeritus director janet supowitz.”

“The nominating committee will recommend new directors, who will be elected by the current board of directors at the spring board meeting. Directors shall serve a three (3) year term, the first year of which is a year of probation. After the first year the nominating committee must reconfirm these directors for the remainder of the three year term. After the first term, the nominating committee may recommend a second three (3) year term. Following this second term, a director must remain off the board for one year. Following the one year hiatus, a former director is again eligible to be recommended by the nominating committee as a director for one additional three (3) year term. Exceptions can be made by a majority board vote.”

“The audit committee and the executive committee review the 990 in comparison to the financial statements. If there are questions, they are discussed with the accounting firm and resolved before filing the return. The form 990 is approved for filing by the executive committee. The executive committee notifies the board of directors that the form 990 has been reviewed and approved by them.”

“All board members sign a conflict of interest statement annually, disclosing any potential conflicts. The staff regularly reviews and assesses any potential conflicts of interest.”

“The executive committee reviews the compensation of the executive director on an annual basis.”

“Form 1023 and 990 will be made available to the public upon request and will be available for public inspection at the office of hebrew free loan association during normal business hours.”

“The governing documents and financial statements are filed at the organization's office and are copied and mailed to any interested members of the public upon request.”