Culver Garden Court Inc

“Matt cottrill and mark cottrill are son and father. The father, mark cottrill, replaced the son, matt cottrill, on the board during the tax year. They were not on the board at the same time.”

“Culver garden court, inc. Is managed by bradley residential management corporation, a professional property management company. Bradley residential management corporation has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development. Under this certification, hud has approved bradley residential management corporation to manage the culver garden court apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

“Membership or members shall consist of and be coexistence with the board of directors and there shall be no other members of the corporation. However, directors of the corporation must be members of garden court inc. Or such non-members of that corporation who have been approved by the board of directors of garden court, inc.”

“Per the articles of incorporation, directors of the corporation must be members of garden court inc. Or such non-members of that corporation who have been approved by the board of directors of garden court, inc. In the event that a director of the corporation ceases to be a member of garden court inc board of directors or if the aforesaid approval is withdrawn, then, in either event, such shall constitute automatic resignation as a director of the corporation.”

“The auditing firm sends a draft of the return to the management company. The management company presents the 990 at the board meeting for their review. Once the board has an opportunity to ask questions, the board approves the form 990 and the president gives approval to file the return.”

“Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.”

“The organization does not compensate officers or directors (see page 7, part vii). If the organization revises its position on compensation of officers and directors, an additional policy will be drafted at that time.”

“Existing policies, returns and financial statements are maintained at the offices of the management company. These documents are made available to the public upon written request.”

“Hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.”

“Overview of audit function: the management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”