Inclusive Communities Housing Development Corporation

“FORM 990, PART VI, LINE 11B The complete 990 is presented to the board via email for review. Questions and/or comments, if any, are exchanged via email, and are addressed by management and/or accountants, with all receipients of the emails included in the communication.”

“FORM 990, PART VI, LINE 12C ICHDC Secretary/President of the related organization reviews the related organizations employees' responsibilities as they may relate to a potential conflict with employees on an annual basis and in the context of any specific assignments. In addition, there is an annual staff meeting during which the "conflict of interest" policy is reviewed and discussed. All staff members sign a certification that they have been provided and have read the policy, and stating whether there is any conflict or potential conflict of interest situation of which they are aware and, if so, the situation is stated. Staff members also certify whether a conflict exists. Due to the small size of the staff and the day to day working relationship between staff and management, potential or actual conflicts are identified as work assignments are undertaken, and otherwise reviewed by management throughout the year. ICHDC Board members must disclose conflicts as soon as the conflict is determined and abstain from voting on related matters. At the annual board meeting, the board reviews the "conflict of interest" policy, with updates by legal counsel. A form is signed by each board member, certifying that the conflict of interest policy was reviewed, and either that there is no conflict situation of which the board member is aware of, or if there is one, the situation is outlined and the manner in which it was addressed is detailed.”

“FORM 990, PART VI, LINE 15A & 15B The entity's bylaws contain provisions for compensation of officers and employees, if any. During 2019, two directors/officers were compensated by a related entity, whose board of directors approves the compensation budget annually.”

“FORM 990, PART VI, LINE 19 The organization maintains a binder which is available upon request. All governing documents are included in the binder.”

“Form 990, part xi, line 9 transfer of net assets from merger of ichdc with icp ($2,282,727)”