Kimmel Housing Development Foundation Inc

“The members of the organization are selfhelp community services, inc. And anna and philip kimmel foundation, inc.”

“The organization's members have the power to elect members of the governing body.”

“No board meetings were held during the fiscal year. The board meets during the meetings of the parent organization, selfhelp community services, inc.”

“No committee meetings were held during the fiscal year.”

“The form 990 is reviewed by management and a complete copy of the return is provided to the entire board prior to filing with the irs.”

“The organization has a conflict of interest policy applicable to directors, officers, and members of committees with governing board delegated powers. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she must leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members will decide if a conflict of interest exists. If it is determined that a conflict of interest exists, an interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she must leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. The governing board or committee will determine by a majority vote of the disinterested directors whether to enter into the transaction or arrangement. Each director, officer and member of any committee with governing board delegated powers must annually sign a statement which affirms such person has received a copy of the policy and agrees to comply with the policy.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”