Sonrisa Apartments Inc

“All management services are provided by intermountain centers for human development, a related organization.”

“Community partnership of southern arizona is the sole member of the organization.”

“Community partnership of southern arizona elects the board officers and board directors at the annual meeting of the member.”

“As the sole member, community partnership of southern arizona has the following rights and powers: (a) elect the board officeres and board members; (b) remove a board member at any time, with or without cause; (c) initiate and approve all amendments to the articles of incorporation and bylaws; (d) approve the acquisition or creation of all wholly owned or controlled llcs or corporations and all mergers; (e) approve the capital and operating budgets and all non-budgeted expenditures and non-budgeted loans in accordance with the requirements established by the member; (f) in cooperation with the board of directors, ensure that the organization is operated in a manner consistent with the mission statement and guiding principals and philosophy of intermountain; (g) in cooperation with the board of directors, ensure that the organization is operated in a manner consistent with the organization's purpose; and (h) in cooperation with the board of directors, ensure that the organization is operated in a manner that safeguards the organization's public image.”

“Form 990 is prepared by an independent cpa using information provided by the organization's accounting staff. The form 990 is reviewed by the board treasurer and the cfo after filing and is then presented to the entire board.”

“The organization has a conflict of interest policy as part of its human resources policies and procedures handbook that covers all employees. Employees are responsible for filing a written disclosure of any interests and for abiding by the decision of the ceo or designee regarding the existence of any conflict of interest. A potential conflict of interest involving the ceo will be referred to the board of directors for resolution. The organization also has a conflict of interest policy involving board members. Each board member shall submit an annual disclosure statement that contains accurate and complete information regarding any direct or indirect transactions or relationships between the board member and the corporation and any provider that provides services to the corporation. All conflict of interest statements are reviewed by the board's legal committee and, should a conflict of interest be determined, the board chair is notified and the board member is informed. No board member shall participate in any deliberation or vote of the board of directors regarding a transaction or issue in which the board member has a conflict of interest.”

“All officers are employed by the parent organization, intermountain centers for human development (ichd). All compensation is determined by the parent organization and its policies for determining compensation. The compensation of the organization's ceo and other officers or key employees is reviewed annually by the compensation committee of the board of directors.”

“The board of directors will provide the organization's governing documents, conflict of interest policy and financial statements upon request.”