Fort Ritchie Community Center Corporation

“The board of directors of the fort ritchie community center corporation review the form 990 before it is filed.”

“To ensure that fort ritchie community center corporation (frcc) operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: (a) whether compensation arrangements are reasonable, based on competent survey information, and the result of arms length bargaining, and (b) whether partnerships, joint ventures, and arrangements with management organizations conform to the written policies of frcc, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit, or in an excess benefit transaction.”

“No director shall be entitled to any compensation for serving as a director or in any other capacity. In establishing a level of compensation for anyone else in excess of 50,000, the board of directors shall: (a) approve and document the date and terms of all compensation arrangements in advance of paying such compensation,(b) record in writing the decision made by each director, and (c) use compensation information from similarly-situated organizations and salary surveys, and note the source of such information.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public at fort ritchie community center upon request during regular business hours.”

“Create and provide healthy lifestyle and leisure activities, foster community traditions and promote cultural development through the arts, education, sports, technology and natural resources to enhance the quality of life for the residents and users of fort ritchie and the surrounding communities.”